CFG vs. NWG: Citizens Financial vs. NatWest Stock Comparison
How do Citizens Financial (CFG) and NatWest (NWG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Citizens Financial (CFG) and NatWest (NWG) both belong to the Banks industry, though CFG is classified under Regional Banks while NWG falls under Diversified Banks.
Citizens Financial (CFG) trades as ordinary local shares, while NatWest (NWG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CFG | NWG |
|---|---|---|
| Name | Citizens Financial Group Inc. | NatWest Group plc Sponsored ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Regional Banks | Diversified Banks |
| Market Capitalization | 26.51 billion USD | 61.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 24, 2014 | October 18, 2007 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CFG | NWG |
|---|---|---|
| Total Return (1Y) | 30.28% | 7.03% |
| Total Return (3Y, Annualized) | 42.95% | 59.12% |
| Total Return (5Y, Annualized) | 10.93% | 30.15% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CFG | NWG |
|---|---|---|
| Volatility (1Y, Annualized) | 25.87% | 33.39% |
| Beta (5Y) | 1.07 | 0.96 |
| Max Drawdown (5Y) | -56.19% | -40.66% |
| Avg. Volume (3M) | 3.99M | 3.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CFG | NWG |
|---|---|---|
| Sharpe Ratio (1Y) | 1.00 | 0.08 |
| Sortino Ratio (1Y) | 1.50 | 0.12 |
Profitability
ROE (TTM)
NatWest (NWG) at 14.58% sits in the top ROE quartile, while Citizens Financial (CFG) at 8.90% is in the bottom quartile, showing a clear gap in returns on equity.
CFG
Banks industry group
8.90%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- CFG
- 8.90%
- Min
- 3.64%
NWG
Banks industry group
14.58%
- Max
- 19.84%
- NWG
- 14.58%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
NatWest (NWG) at 36.93% keeps a top-quartile share of each sales dollar as profit, while Citizens Financial (CFG) at 27.02% keeps a bottom-quartile share.
CFG
Banks industry group
27.02%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- CFG
- 27.02%
- Min
- 14.93%
NWG
Banks industry group
36.93%
- Max
- 47.19%
- NWG
- 36.93%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Citizens Financial (CFG) in Banks and NatWest (NWG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | CFG | NWG |
|---|---|---|
| ROE (TTM) | 8.90% | 14.58% |
| ROA (TTM) | 0.99% | 0.85% |
| Net Margin (TTM) | 27.02% | 36.93% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
NatWest (NWG) at 13.35% is around its peer norm for revenue growth, while Citizens Financial (CFG) at 5.61% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Citizens Financial (CFG) at 27.39% and NatWest (NWG) at 26.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CFG | NWG |
|---|---|---|
| Revenue Growth (YoY) | 5.61% | 13.35% |
| Revenue Growth (3Y CAGR) | 0.93% | 7.55% |
| EPS Growth (YoY) | 27.39% | 26.93% |
| EPS Growth (3Y CAGR) | -1.99% | 26.12% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Citizens Financial (CFG) in Banks and NatWest (NWG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Citizens Financial (CFG) in Banks and NatWest (NWG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | CFG | NWG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Citizens Financial (CFG) at 2.88% and NatWest (NWG) at 2.19% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
CFG
Banks industry group
2.88%
- Max
- 5.79%
- Q3
- 3.18%
- CFG
- 2.88%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
NWG
Banks industry group
2.19%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- NWG
- 2.19%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Citizens Financial (CFG) at 37.17% pays out a band-typical share of earnings, while NatWest (NWG) at 47.43% distributes more than its industry norm — less retained, thinner cover.
CFG
Banks industry group
37.17%
- Max
- 70.75%
- Q3
- 41.28%
- CFG
- 37.17%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
NWG
Banks industry group
47.43%
- Max
- 70.75%
- NWG
- 47.43%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | CFG | NWG |
|---|---|---|
| Dividend Yield (TTM) | 2.88% | 2.19% |
| Dividend Payout Ratio (TTM) | 37.17% | 47.43% |
Valuation
P/E Ratio (TTM)
NatWest (NWG) at 7.84 sits in the cheaper P/E ratio quartile, while Citizens Financial (CFG) at 12.78 is closer to its industry’s usual earnings multiple — a discount for NWG, though growth and earnings durability still matter.
CFG
Banks industry group
12.78
- Max
- 18.16
- Q3
- 13.75
- CFG
- 12.78
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
NWG
Banks industry group
7.84
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- NWG
- 7.84
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Citizens Financial (CFG) in Banks and NatWest (NWG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
On P/B ratio, both Citizens Financial (CFG) at 1.16 and NatWest (NWG) at 1.20 are valued close to their industries’ norm against book — neither stands out from peers.
CFG
Banks industry group
1.16
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- CFG
- 1.16
- Q1
- 1.10
- Min
- 0.59
NWG
Banks industry group
1.20
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- NWG
- 1.20
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | CFG | NWG |
|---|---|---|
| P/E Ratio (TTM) | 12.78 | 7.84 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.16 | 1.20 |
| Free Cash Flow Yield (TTM) | -- | -- |