CFG vs. WAL
Compare and contrast key facts about Citizens Financial Group, Inc. (CFG) and Western Alliance Bancorporation (WAL).
Performance
CFG vs. WAL - Performance Comparison
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CFG vs. WAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFG Citizens Financial Group, Inc. | 3.39% | 38.60% | 38.01% | -11.01% | -13.37% | 37.02% | -6.73% | 41.84% | -27.44% | 19.91% |
WAL Western Alliance Bancorporation | -15.33% | 2.55% | 29.67% | 14.12% | -43.68% | 81.72% | 7.77% | 45.90% | -30.25% | 16.24% |
Fundamentals
CFG:
$26.12B
WAL:
$7.74B
CFG:
$4.20
WAL:
$8.84
CFG:
14.27
WAL:
8.01
CFG:
2.34
WAL:
1.47
CFG:
1.08
WAL:
1.05
CFG:
$11.15B
WAL:
$5.29B
CFG:
$7.78B
WAL:
$3.24B
CFG:
$2.69B
WAL:
$1.30B
Returns By Period
In the year-to-date period, CFG achieves a 3.39% return, which is significantly higher than WAL's -15.33% return. Over the past 10 years, CFG has outperformed WAL with an annualized return of 15.08%, while WAL has yielded a comparatively lower 9.14% annualized return.
CFG
- 1D
- 4.39%
- 1M
- -0.37%
- YTD
- 3.39%
- 6M
- 14.63%
- 1Y
- 51.73%
- 3Y*
- 31.22%
- 5Y*
- 10.47%
- 10Y*
- 15.08%
WAL
- 1D
- 4.24%
- 1M
- -11.79%
- YTD
- -15.33%
- 6M
- -17.49%
- 1Y
- -6.00%
- 3Y*
- 28.92%
- 5Y*
- -3.59%
- 10Y*
- 9.14%
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Return for Risk
CFG vs. WAL — Risk / Return Rank
CFG
WAL
CFG vs. WAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Citizens Financial Group, Inc. (CFG) and Western Alliance Bancorporation (WAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CFG | WAL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | -0.14 | +1.72 |
Sortino ratioReturn per unit of downside risk | 2.03 | 0.11 | +1.92 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.02 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 2.97 | -0.17 | +3.14 |
Martin ratioReturn relative to average drawdown | 8.29 | -0.45 | +8.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CFG | WAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | -0.14 | +1.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | -0.06 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.18 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.10 | +0.23 |
Correlation
The correlation between CFG and WAL is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CFG vs. WAL - Dividend Comparison
CFG's dividend yield for the trailing twelve months is around 2.93%, more than WAL's 2.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFG Citizens Financial Group, Inc. | 2.93% | 2.94% | 3.84% | 5.07% | 4.11% | 3.30% | 4.36% | 3.35% | 3.30% | 1.52% | 1.29% | 1.53% |
WAL Western Alliance Bancorporation | 2.26% | 1.86% | 1.78% | 2.20% | 2.38% | 1.11% | 1.67% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CFG vs. WAL - Drawdown Comparison
The maximum CFG drawdown since its inception was -65.60%, smaller than the maximum WAL drawdown of -92.14%. Use the drawdown chart below to compare losses from any high point for CFG and WAL.
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Drawdown Indicators
| CFG | WAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.60% | -92.14% | +26.54% |
Max Drawdown (1Y)Largest decline over 1 year | -18.32% | -30.26% | +11.94% |
Max Drawdown (5Y)Largest decline over 5 years | -56.19% | -84.79% | +28.60% |
Max Drawdown (10Y)Largest decline over 10 years | -65.60% | -84.79% | +19.19% |
Current DrawdownCurrent decline from peak | -11.96% | -36.37% | +24.41% |
Average DrawdownAverage peak-to-trough decline | -18.12% | -38.58% | +20.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.57% | 11.31% | -4.74% |
Volatility
CFG vs. WAL - Volatility Comparison
The current volatility for Citizens Financial Group, Inc. (CFG) is 8.03%, while Western Alliance Bancorporation (WAL) has a volatility of 12.63%. This indicates that CFG experiences smaller price fluctuations and is considered to be less risky than WAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFG | WAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.03% | 12.63% | -4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 20.85% | 30.69% | -9.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.80% | 44.09% | -11.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.14% | 60.39% | -26.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.28% | 52.26% | -13.98% |
Financials
CFG vs. WAL - Financials Comparison
This section allows you to compare key financial metrics between Citizens Financial Group, Inc. and Western Alliance Bancorporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CFG vs. WAL - Profitability Comparison
CFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Citizens Financial Group, Inc. reported a gross profit of 2.16B and revenue of 2.16B. Therefore, the gross margin over that period was 100.0%.
WAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Western Alliance Bancorporation reported a gross profit of 882.30M and revenue of 1.41B. Therefore, the gross margin over that period was 62.7%.
CFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Citizens Financial Group, Inc. reported an operating income of 677.00M and revenue of 2.16B, resulting in an operating margin of 31.4%.
WAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Western Alliance Bancorporation reported an operating income of 355.70M and revenue of 1.41B, resulting in an operating margin of 25.3%.
CFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Citizens Financial Group, Inc. reported a net income of 528.00M and revenue of 2.16B, resulting in a net margin of 24.5%.
WAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Western Alliance Bancorporation reported a net income of 286.10M and revenue of 1.41B, resulting in a net margin of 20.3%.