Credit and interest ratesmixed · 5 filings
“Citizens Financial Group, Inc.”10-Q · Aug 3, 2026 ↗
Citizens Financial Group, Inc.
CFG
You’ve read what changed. Here’s whether the market is confirming it.
Market read
CFG dominates a concentrated Regional Banks move.
CFG accounts for 52.8% of the group's measured movement across 2.1 effective names. all 3 measured members are falling in raw terms, but 0 of 3 SPY-adjusted paths align to the mixed. Capital-flow agreement is 22%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
SPY-adjusted 5m pathsIs this move genuinely shared?
Role in the moveDominant mover#1 of 3 by movement share
Group movement share52.8%Absolute path energy—not portfolio weight
Relative path+0.38%mixed
Effective breadth2.1 / 3concentrated
Relative alignment0/3mixed path · 0 counter-moving
Capital-flow agreement22%not yet clean
SEQUENCE READ
HBAN, FITB moved materially before CFG. CFG crossed its material path threshold at 15:55 ET, 375 minutes after the first measured mover.
EVIDENCE COVERAGE
3 of 3 members in Regional Banks are active. 0 of 6 disclosed connections are confirming.
What would change this read
Watch this read- At least 2 of 3 durable members become active together.
- Capital-flow agreement rises above 55%.
- WABC remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 1 of 3 members or fewer.
Research brief
The story so far
CFG accounts for 52.8% of the group's measured movement across 2.1 effective names. all 3 measured members are falling in raw terms, but 0 of 3 SPY-adjusted paths align to the mixed. Capital-flow agreement is 22%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 2 of 3 durable members become active together.
- Capital-flow agreement rises above 55%.
- WABC remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations616
Usable filing statements133
Verified relationships0
Evidence supporting the case
- Latest annual revenue changed +6.7% year over year.
- Net margin changed +13.6 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
- EV/sales is 69% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Oct 1, 2026
63.706m+5.2%12m+19.8%24m+57.3%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.3B+22.7%$5.16-0.2%
2022-12-31$1.3B-2.0%$4.10+11.8%
2023-12-31$1.3B-2.5%$3.13-0.2%
2024-12-31$1.5B+21.1%$3.03-4.9%
2025-12-31$1.6B+6.7%$3.86-3.7%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 5 filings
“Deposits The following table presents the composition of deposits: Table 6: Composition of Deposits (dollars in millions) June 30, 2026 % of Total Deposits December 31, 2025 % of Total Deposits Noninterest-bearing demand $40,939 22 % $40,417 22 % Checking wit…”10-Q · Aug 3, 2026 ↗
Legal and regulatory exposuremixed · 4 filings
“Our Funding and Liquidity unit’s primary goals are to deliver and maintain prudent levels of operating liquidity to support expected and projected funding requirements; contingent liquidity to support unexpected funding requirements resulting from idiosyncrat…”10-Q · May 4, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 17.0× · EV/sales 23.9×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
63.70-0.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CFG. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for CFG. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind CFG
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CFG is currently a Leader in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.