Filing Flows › Citizens Financial Group (CFG) › Q1 2025
Citizens Financial Group (CFG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Citizens Financial Group (CFG) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -3% from the quarter before. Operating margin was 24.2%, net earnings $373M (19.3% of revenue).
Citizens Financial Group, Q1 2025: revenue $1.9B (-1% year over year), operating margin 24.2%, net earnings $373M, operating cash flow −$213M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -3% | -1% |
| Operating profit | $468M | -8% | +9% |
| Net earnings | $373M | -7% | +12% |
| Operating cash flow | −$213M | — | — |
What changed
Revenue was $1.9B in Q1 2025, down 1% year over year and down 3% from the previous quarter.
Operating profit was $0.47B, a 24.2% margin (up 2.2 points year over year). Total costs fell 4% while revenue fell 1%. The fastest-growing cost line was Sales & marketing (+14%). Net earnings were $0.37B, up 12% year over year. The effective tax rate was 20.3%.
Operating cash flow was −$0.21B. Non-cash charges added back $0.12B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.74B.
Questions
What was Citizens Financial Group's revenue in the first quarter 2025?
Citizens Financial Group (CFG) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -3% from the quarter before.
Was Citizens Financial Group profitable in the first quarter 2025?
Operating profit was $468M (24.2% of revenue) and net earnings $373M.