Citizens Financial Group's quarterly market cap
declined
from Mar. 2024 ($16,638 Mil) to Jun. 2024 ($16,320 Mil) but then
increased
from Jun. 2024 ($16,320 Mil) to Sep. 2024 ($18,285 Mil).
Citizens Financial Group's annual market cap
declined
from Dec. 2021 ($19,946 Mil) to Dec. 2022 ($19,381 Mil) and
declined
from Dec. 2022 ($19,381 Mil) to Dec. 2023 ($15,457 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Citizens Financial Group's Enterprise Value for Today is $24,882 Mil.
Citizens Financial Group Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Citizens Financial Group's Market Cap
For the Banks - Regional subindustry, Citizens Financial Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Citizens Financial Group's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Citizens Financial Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Citizens Financial Group's Market Cap falls into.
Citizens Financial Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Citizens Financial Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Citizens Financial Group (NYSE:CFG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Citizens Financial Group Market Cap Related Terms
Thank you for viewing the detailed overview of Citizens Financial Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,100 branches in 14 states, although it is concentrated in the Northeast. It has over $220 billion of total assets. It generates maximum revenue from Consumer Banking Segment.
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