Citizens Financial Group
CFG

$40.69

2.19%

Market Cap: $18.4B

About: Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,100 branches in 14 states, although it is concentrated in the Northeast. It has over $220 billion of total assets. It generates maximum revenue from Consumer Banking Segment.

Employees: 17,570

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

72% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 61

29% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 9 (+2) [Q2]

12% more repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 251

7.76% more ownership

Funds ownership: 82.36% [Q1] → 90.12% (+7.76%) [Q2]

6% more funds holding

Funds holding: 698 [Q1] → 742 (+44) [Q2]

0% less call options, than puts

Call options by funds: $137M | Put options by funds: $137M

6% less capital invested

Capital invested by funds: $15.7B [Q1] → $14.8B (-$965M) [Q2]

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Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$37

9%

downside

Avg. target

$43

6%

upside

High target

$50

23%

upside

12 analyst ratings

6 positive

50%

6 neutral

50%

0 negative

0%

Morgan Stanley Betsy Graseck 51% 1-year accuracy 27 / 53 met price target	23%upside $50	Equal-Weight Maintained	5 Aug 2024
Piper Sandler Scott Siefers 75% 1-year accuracy 18 / 24 met price target	18%upside $48	Overweight Maintained	26 Jul 2024
Stephens & Co. Terry McEvoy 85% 1-year accuracy 22 / 26 met price target	3%upside $42	Overweight Maintained	19 Jul 2024
UBS Erika Najarian 100% 1-year accuracy 10 / 10 met price target	13%upside $46	Buy Maintained	18 Jul 2024
Goldman Sachs Ryan Merkel 60% 1-year accuracy 3 / 5 met price target	20%upside $49	Buy Maintained	18 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about CFG published over the past 30 days

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 October 7, 2024, to preferred shareholders of record at the close of business on September 20, 2024: a quarterly cash dividend of $21.68547694 per share on CFG's 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $22.07475472 per.

Citizens Financial Group, Inc. Declares Dividends on Preferred Stock

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 Global Financial Services Conference on Monday, September 9, 2024 at 9:45 am ET. The live webcast will be available at http://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financi.

Citizens Financial Group to Participate at the Barclays 22nd Annual Global Financial Services Conference

Zacks Investment Research

Citizens Financial (CFG) Up 28.7% YTD: Is it Worth Considering?

Citizens Financial's (CFG) strong balance sheet position and strategic initiatives look encouraging. Yet, rising costs are a concern.

Citizens Financial (CFG) Up 28.7% YTD: Is it Worth Considering?

Buy 10 Sustainable Dividend Dogs Of Barron's August 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: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. Per 8/8/24 data from YCharts, the top-10 of 77 dividend-paying sustainable companies ranged 4.34%-14.68% by annual yield and ranged 31.29%-79.66% by broker-estimated target-price upsides.

Buy 10 Sustainable Dividend Dogs Of Barron's August 100

16 stocks to exploit August's explosive election-year gains

U.S. stocks typically do especially well during August in presidential election years like this one. On average since its inception in 1896, the Dow Jones Industrial Average DJIA has gained 2.8% in August of a presidential election year.

16 stocks to exploit August's explosive election-year gains

Citizens Business Conditions Index™ Jumps in Q2

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--The national Citizens Business Conditions Index™ (CBCI) rose to 52.2 in the second quarter, pushing into expansionary territory after taking a step back at the beginning of the year. The reading above 50 indicates that economic momentum is building, in this case due to higher company revenue coupled with the prospect of easing monetary policy, which lowers the cost of capital. Citizens' proprietary data showed strong company revenue trends during the period af.

Citizens Business Conditions Index™ Jumps in Q2

Citizens Financial Group, Inc. (CFG) Q2 2024 Earnings Call Transcript

Citizens Financial Group, Inc. (NYSE:CFG ) Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van Saun - Chairman and Chief Executive Officer John Woods - Chief Financial Officer Brendan Coughlin - Head of Consumer Banking Don McCree - Head of Commercial Banking Conference Call Participants Peter Winter - D.A. Davidson Erika Najarian - UBS Scott Siefers - Piper Sandler Ken Usdin - Jefferies Manan Gosalia - Morgan Stanley John Pancari - Evercore Gerard Cassidy - RBC Matt O'Connor - Deutsche Bank Operator Good morning, everyone, and welcome to the Citizens Financial Group Second Quarter Earnings Conference Call.

Citizens Financial Group, Inc. (CFG) Q2 2024 Earnings Call Transcript

Citizens Financial Group: Despite Upbeat View, Critical Metrics Continue To Soften

Citizens Financial Group, Inc. reported mixed Q2 earnings, with declines in deposits and loans, but slightly higher revenue and net income. Despite a focus on quality over quantity, asset quality metrics are deteriorating, with net interest margin and net loan charge-offs on the rise. Return metrics improved, with a better efficiency ratio and higher return on average assets and equity, but the inflection in performance remains uncertain.

Citizens Financial Group: Despite Upbeat View, Critical Metrics Continue To Soften

Zacks Investment Research

Citizens Financial (CFG) Q2 Earnings Miss on Lower Loan Demand

Citizens Financial's (CFG) Q2 earnings benefit from an increase in non-interest income and reduced expenses. However, challenges emerge with lower NII and a rise in provisions.

Citizens Financial (CFG) Q2 Earnings Miss on Lower Loan Demand

CNBC Television

Citizens Financial CEO on Q2 earnings

Bruce Van Saun, Citizens Financial Group CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what's driving the company's net interest income data, and where the economy is in the credit cycle.

Citizens Financial CEO on Q2 earnings

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