Citizens Financial Group, Inc. (CFG)
| Market Cap | 18.80B |
| Revenue (ttm) | 7.12B |
| Net Income (ttm) | 1.16B |
| Shares Out | 440.70M |
| EPS (ttm) | 2.53 |
| PE Ratio | 16.85 |
| Forward PE | 12.03 |
| Dividend | $1.68 (3.94%) |
| Ex-Dividend Date | Oct 30, 2024 |
| Volume | 4,533,564 |
| Open | 45.45 |
| Previous Close | 44.74 |
| Day's Range | 42.63 - 45.51 |
| 52-Week Range | 30.24 - 49.25 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 46.94 (+10.03%) |
| Earnings Date | Jan 17, 2025 |
About CFG
Citizens Financial Group, Inc. operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, ... [Read more]
Financial Performance
In 2023, Citizens Financial Group's revenue was $7.54 billion, a decrease of -0.13% compared to the previous year's $7.55 billion. Earnings were $1.49 billion, a decrease of -23.93%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for CFG stock is "Buy." The 12-month stock price forecast is $46.94, which is an increase of 10.03% from the latest price.
News
Citizens Financial Group Announces Prime Rate Change
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 7.50 percent from 7.75 percent, effective...
Calls of the Day: Tesla, Uber, Citizens Financial and Netflix
Bill Baruch explains why he owns Tesla as Baird Trust raises its price target from $280 to $440, recommending buying on pullbacks. The Investment Committee weighs in and shares their Calls of the Day.
Citizens Financial Group to Participate at the Goldman Sachs U.S. Financial Services Conference
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Goldman Sachs U.S. Financ...
Citizens Announces Key Leadership Appointments for Consumer Banking Team
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens is pleased to announce the appointment of three key executives to accelerate the bank's ongoing transformation and commitment to deliver the best experience...
Citizens Financial Group, Inc. Declares Dividends on Preferred Stock
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on January 6, 20...
Citizens Financial Group Announces Earnings Conference Call Schedule for 2026 Quarterly Financial Results
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced plans to release 2026 quarterly financial results and host live conference calls on the following dates. F...
Citizens Financial Group: A Show Me Story
Citizens Financial Group, Inc.'s Q3 earnings showed declines in deposits and loans, with revenues down 5.6% year-over-year, and net income narrowing to $382 million. Asset quality metrics deteriorated...
Citizens Financial: After An In-Line Q3, Shares Appear Fairly Valued
Citizens Financial Group, Inc. reported Q3 earnings in line with expectations, with shares flat after a 60% gain over the past year. Net interest income and margin declined due to fixed-rate swaps and...
Citizens Financial Group, Inc. (CFG) Q3 2024 Earnings Call Transcript
Citizens Financial Group, Inc. (NYSE:CFG) Q3 2024 Earnings Conference Call October 16, 2024 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van...
Citizens Financial Group, Inc. Reports Third Quarter 2024 Net Income of $382 million and EPS of $0.77
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported third quarter 2024 financial results. The earnings press release, investor presentation, and ...
Buy 7 Sustainable Dividend Dogs From Barron's October 100
Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: s...
Citizens Financial Group, Inc. Announces Date and Time Change for Second Quarter 2025 Results Conference Call
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group (NYSE: CFG) today announced that it has changed the date and time of its second quarter 2025 conference call to discuss its financial result...
Citizens Bank, N.A. Announces Redemption of Senior Notes
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Bank, N.A. today announced the redemption on October 24, 2024 (the “Redemption Date”) all of its outstanding $600,000,000 aggregate principal amount 6.064% ...
Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...
Citizens Continues California Expansion with Addition of Two Bay Area Private Banking Offices and SoCal Private Banking Team
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the next phase in its West Coast expansion strategy, adding a top Private Banking team in Southern Califor...
Citizens Financial Group Announces Third Quarter 2024 Earnings Conference Call Details
PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its third quarter 2024 earnings on October 16, 2024. The news release and supplementa...
Citizens CEO Van Saun on Banking Trends, CRE Market and Rates
Citizens Financial Group CEO Bruce Van Saun discusses recent banking trends and the state of the commercial real estate market. Speaking on "Bloomberg The Close," Van Saun also says he has no imminent...
Final Trades: PayPal, Citizens Financial, Cisco Systems and the IYR
The Investment Committee give you their top stocks to watch for the second half.
Citizens Financial Group Announces Appointment of Claude E. Wade to Board of Directors; Wendy Watson to Retire
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Claude E. Wade to the company's Board of Directors, effective March 1, 2025. Wade's app...
Citizens Commits $10 Million to Workforce Development
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens announced today a commitment to provide $10 million over the next two years to support workforce development programs. Funding will support nonprofits worki...
Citizens Appoints Christopher Schnirel as Controller and Chief Accounting Officer
PROVIDENCE, R.I.--(BUSINESS WIRE)--Today, Citizens Financial Group (NYSE: CFG) announced that it has appointed Christopher Schnirel as Controller and Chief Accounting Officer, effective October 21, 20...
Buy 9 Sustainable Dividend Dogs From Barron's August 100
Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, inclu...
Citizens Expands Support of Boston's Live Entertainment Industry with New Sponsorships of MGM Music Hall at Fenway and CollegeFest Boston
BOSTON--(BUSINESS WIRE)--Citizens today announced it has become the Official Bank of the MGM Music Hall at Fenway and the presenting sponsor of CollegeFest Boston held at Citizens House of Blues. Thes...
Citizens Financial Group to Participate at the Barclays 22nd Annual Global Financial Services Conference
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Barclays 22nd Annual Glob...