Citizens Financial (CFG) Bank-Owned Life Insurance Income (2013 - 2016)
Citizens Financial (CFG) posted Bank-Owned Life Insurance Income of $14 million for Q4 2016, down 12.5% from $16 million a year earlier and unchanged from the prior quarter.
Citizens Financial (CFG) Bank-Owned Life Insurance Income (2013 - 2016) Analysis & Trends
For FY2016, Citizens Financial's Bank-Owned Life Insurance Income came in at $54 million, down 3.6% from FY2015.
- Annual Bank-Owned Life Insurance Income shows a four-year compound annual growth rate of 1.4% (FY2012 to FY2016).
- In prior years, Citizens Financial's Bank-Owned Life Insurance Income was $56 million in FY2015 (+14.3%), $49 million in FY2014 (-2.0%), $50 million in FY2013 (-2.0%) and $51 million in FY2012.
- Quarterly Bank-Owned Life Insurance Income has run from a low of $11 million in Q1 2014 to a high of $16 million in Q4 2015 over five years.
- On a year-over-year basis, Bank-Owned Life Insurance Income increased in five of the last eight quarters, with growth averaging 5.7%.
- The strongest year-over-year quarter for Bank-Owned Life Insurance Income in the past five years was Q4 2015, with growth of 23.1%; the weakest was Q4 2016, with a decline of 12.5%.
- According to Business Quant data, Bank-Owned Life Insurance Income for the three prior quarters was $14 million (Q3 2016), $13 million (Q2 2016) and $13 million (Q1 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 919.80 Bn | 919.80 Bn | - | - |
| 2 | Bank Of America | 364.39 Bn | -2,011.72 Bn | - | - |
| 3 | Hsbc Holdings | 315.78 Bn | -1,787.82 Bn | - | - |
| 4 | Morgan Stanley | 292.93 Bn | -251.10 Bn | - | - |
| 5 | Royal Bank Of Canada | 288.75 Bn | -541.29 Bn | - | - |
| 6 | Goldman Sachs | 270.32 Bn | -3,473.13 Bn | - | - |
| 7 | Wells Fargo & Company | 259.96 Bn | 259.96 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 248.40 Bn | -92.99 Bn | 10.89 Bn | - |
| 9 | American Express | 219.36 Bn | 18.84 Bn | - | - |
| 10 | Citizens Financial | 27.70 Bn | 27.70 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2016 | 14.00 Mn |
| Sep 30, 2016 | 14.00 Mn |
| Jun 30, 2016 | 13.00 Mn |
| Mar 31, 2016 | 13.00 Mn |
| Dec 31, 2015 | 16.00 Mn |
| Sep 30, 2015 | 14.00 Mn |
| Jun 30, 2015 | 14.00 Mn |
| Mar 31, 2015 | 12.00 Mn |
| Dec 31, 2014 | 13.00 Mn |
| Sep 30, 2014 | 13.00 Mn |
| Jun 30, 2014 | 12.00 Mn |
| Mar 31, 2014 | 11.00 Mn |
| Dec 31, 2013 | 13.00 Mn |
| Sep 30, 2013 | 12.00 Mn |
Citizens Financial Bank-Owned Life Insurance Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=bank-owned-life-insurance-income&ticker=CFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance-income", "ticker": "CFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=bank-owned-life-insurance-income&ticker=CFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();