Citizens Financial Group, Inc. (CFG)

NYSE: CFG · IEX Real-Time Price · USD
30.37
-0.40 (-1.30%)
At close: Mar 31, 2023, 4:00 PM
30.40
+0.03 (0.10%)
After-hours: Mar 31, 2023, 7:54 PM EDT
-1.3%
Market Cap 14.71B
Revenue (ttm) 7.55B
Net Income (ttm) 1.96B
Shares Out 484.31M
EPS (ttm) 4.10
PE Ratio 7.41
Forward PE 7.27
Dividend $1.65 (5.43%)
Ex-Dividend Date Jan 30, 2023
Volume 10,878,997
Open 31.11
Previous Close 30.77
Day's Range 29.96 - 31.26
52-Week Range 28.79 - 46.10
Beta 1.34
Analysts Buy
Price Target 46.97 (+54.66%)
Earnings Date Apr 19, 2023

About CFG

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association 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, educ... [Read more]

Sector Financials
IPO Date Sep 24, 2014
Employees 19,235
Stock Exchange NYSE
Ticker Symbol CFG
Full Company Profile

Financial Performance

In 2022, CFG's revenue was $7.55 billion, an increase of 6.93% compared to the previous year's $7.06 billion. Earnings were $1.96 billion, a decrease of -11.15%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for CFG stock is "Buy." The 12-month stock price forecast is $46.97, which is an increase of 54.66% from the latest price.

Price Target
$46.97
(54.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Citizens Financial Unit Investigated for Sales of Savings Product Controlled by Troubled Financier Greg Lindberg

Massachusetts securities regulators confirmed they are examining sales of annuities offered by Colorado Bankers Life Insurance.

2 days ago - WSJ

Citizens, LISC Team up to Help Workers Build Digital Skills That Open Doors to Strong Jobs, Economic Opportunity

NEW YORK & PROVIDENCE, R.I.--(BUSINESS WIRE)--The Citizens Charitable Foundation announced today a $1.25 million grant to the Local Initiatives Support Corporation (LISC) to fuel digital inclusion in ...

2 days ago - Business Wire

Citizens Financial Group Announces First Quarter 2023 Earnings Conference Call Details

PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its first quarter 2023 earnings on April 19, 2023. The news release and supplemental ...

3 days ago - Business Wire

Expanding the FDIC deposit cap would increase the rate of bank failures, says Cato's Mark Calabria

Mark Calabria, senior advisor at The Cato Institute and former director of The Federal Housing Finance Agency and CNBC's Steve Liesman, join 'The Exchange' to discuss the latest takeaways from the hea...

Other symbols: FRCPACWWALZION
3 days ago - CNBC Television

Want Diversified Exposure in the Regional Banks? Try These ETFs

The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years. The key word here is contagion and the fear of it.

4 days ago - MarketBeat

These Bank Stocks Hit Lows—Some Even All-Time Lows—This Month

National giants like Bank of America and Wells Fargo sank to their lowest share price in over two years Friday.

1 week ago - Forbes

Citizens Financial (CFG) Plans to bid for SVB's Private Bank

Citizens Financial (CFG) intends to bid for the acquisition of fallen SVB's private banking business.

1 week ago - Zacks Investment Research

Citi analyst sees ‘ample' liquidity in banks to cover deposit withdrawals

Regions Financial Corp. RF, -1.63% , KeyCorp KEY, -6.47% and Fifth Third Bancorp FITB, -2.16% top a list of nine regional banks as measured by total available liquidity to cover potential deposit outf...

Other symbols: CMAFITBKEYRFUSB
1 week ago - Market Watch

Exclusive: Citizens Financial eyes bid for SVB's private bank - sources

Citizens Financial Group Inc is working on a bid to acquire the private banking business of failed Silicon Valley Bank, two people familiar with the matter said on Thursday.

Other symbols: SIVB
1 week ago - Reuters

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 raised its prime lending rate to 8.00 percent from 7.75 percent, effective Th...

1 week ago - Business Wire

Sens. Booker, Warnock press big bank CEOs to pause overdraft fees after SVB failure

Sens. Booker and Warnock say overdraft and nonsufficient fund fees are causing hardship for Americans who relied on SVB and Signature Bank for payments.

1 week ago - CNBC

There are better sectors than financials right now, says Hennessy Funds' David Ellison

David Ellison, Hennessy Funds portfolio manager, and Michael Vogelzang, Captrust CIO, join 'The Exchange' to discuss the regional bank trade.

Other symbols: KREMTBNYCB
1 week ago - CNBC Television

UBS analyst Erika Najarian breaks down regional banks

Erika Najarian, UBS equity research analyst, joins 'Squawk on the Street' to discuss her thoughts about regional bank stocks as they continue to be punished.

2 weeks ago - CNBC Television

The bank environment is not in a state that attracts capital, says Worth Charting 's Carter Worth

Carter Worth, Worth Charting Founder and CEO, joins' Power Lunch' to discuss bank technicals, historical investment changes, and investors pulling away from bank stocks.

Other symbols: BACCJPMMSPNCTFCVLYWFC
2 weeks ago - CNBC Television

Investors are flocking to these well capitalized regional banks after SVB's collapse, market analyst says

Despite fallout from SVB, investors have already began returning to bank stocks, and should seek out firms with strong deposit franchises.

Other symbols: RFUSB
2 weeks ago - Business Insider

Regional banks might be more reluctant with lending following the SVB collapse: CFRA's Sam Stovall

Sam Stovall, CFRA Research chief investment strategist, joins 'Power Lunch' to discuss regional banks suffering following the Silicon Valley Bank collapse, the market response to SVB's crisis, and inv...

Other symbols: MTBPNCTFC
2 weeks ago - CNBC Television

Depositor protection still lacks codification, says NYT's Kate Kelly

Hugh Son, banking reporter for CNBC.com, and Kate Kelly, a reporter with The New York Times, join 'Power Lunch' to discuss the run on regional banks, the difference between Silicon Valley Bank's colla...

Other symbols: MTBPNCTFC
2 weeks ago - CNBC Television

Citizens Extends Branch Hours to Further Serve Customers and Communities

PROVIDENCE, R.I.--(BUSINESS WIRE)--Given recent market developments, Citizens has seen higher than normal interest from prospective new customers over the past few days. In an effort to further suppor...

2 weeks ago - Business Wire

Citizens Financial Group (CFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citizens Financial Group (CFG) have what it takes?

3 weeks ago - Zacks Investment Research

Citizens Financial (CFG) Announces New Share Repurchase Plan

Citizens Financial (CFG) announces a new share repurchase program. This, along with regular annual dividend hikes, will continue to enhance shareholder value.

1 month ago - Zacks Investment Research

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 April 6, 2023...

1 month ago - Business Wire

Citizens Financial Group, Inc. Announces $1.15 Billion Increase in Share Repurchase Authorization

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) today announced that its board of directors has increased the capacity of the Company's common share repu...

1 month ago - Business Wire

Citizens Financial Group (CFG) Up 6.2% Since Last Earnings Report: Can It Continue?

Citizens Financial Group (CFG) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Citizens Financial Group to Participate at the 2023 RBC Capital Markets Financial Institutions Conference

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chairman and Head of Commercial Banking Don McCree will participate at the RBC Capital Markets F...

1 month ago - Business Wire

Why Citizens Financial Group (CFG) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citizens Financial Group (CFG) have what it takes?

2 months ago - Zacks Investment Research