Discontinued — last reported Q1 '24
Trust and investment services fees — Trailing commission income
Citizens Financial Group Trust and investment services fees — Trailing commission income remained flat by 0.0% to $4.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.00M to $4.00M. Over 2 years (FY 2021 to FY 2023), Trust and investment services fees — Trailing commission income shows relatively stable performance with a -3.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing base of long-term investment products held by clients, whereas a decrease may signal a shift in product mix or client outflows from commission-based assets.
Detailed definition
This metric captures recurring commission income earned on investment products sold to clients, typically paid over time...
Peer comparison
Comparable to recurring distribution or trail commission revenue reported by financial institutions with brokerage or investment product distribution segments.
cfg_segment_trust_and_investment_services_fees_trailing_commission_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M | $3.00M | $4.00M | $3.00M | $4.00M | $4.00M | $4.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -25.0% | +33.3% | -25.0% | +33.3% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | -25.0% | +0.0% | -25.0% | +0.0% | +33.3% | +0.0% |
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Frequently Asked Questions
- What is Citizens Financial Group's trust and investment services fees — trailing commission income?
- Citizens Financial Group (CFG) reported trust and investment services fees — trailing commission income of $4.00M in Q1 2024.
- How has Citizens Financial Group's trust and investment services fees — trailing commission income changed year-over-year?
- Citizens Financial Group's trust and investment services fees — trailing commission income decreased by 0.0% year-over-year, from $4.00M to $4.00M.
- What is the long-term trend for Citizens Financial Group's trust and investment services fees — trailing commission income?
- Over 2 years (2021 to 2023), Citizens Financial Group's trust and investment services fees — trailing commission income has grown at a -3.2% compound annual growth rate (CAGR), from $16.00M to $15.00M.
- What does trust and investment services fees — trailing commission income mean?
- Recurring commission income earned over time from investment products held by clients.