Citizens Financial Group
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 67
43% more call options, than puts
Call options by funds: $222M | Put options by funds: $156M
11% more capital invested
Capital invested by funds: $15.3B [Q2] → $17.1B (+$1.73B) [Q3]
4% more funds holding
Funds holding: 747 [Q2] → 780 (+33) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]
0.89% less ownership
Funds ownership: 93.58% [Q2] → 92.7% (-0.89%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 290
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
3%
upside
Avg. target
$54
14%
upside
High target
$59
24%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Truist Securities Brian Foran 100% 1-year accuracy 7 / 7 met price target | 3%upside $49 | Hold Initiated | 7 Jan 2025 |
Barclays Jason Goldberg 69% 1-year accuracy 37 / 54 met price target | 9%upside $52 | Equal-Weight Maintained | 6 Jan 2025 |
Compass Point David Rochester 65% 1-year accuracy 15 / 23 met price target | 20%upside $57 | Buy Maintained | 10 Dec 2024 |
Keefe, Bruyette & Woods David Konrad 68% 1-year accuracy 19 / 28 met price target | 11%upside $53 | Market Perform Maintained | 4 Dec 2024 |
Piper Sandler Scott Siefers 65% 1-year accuracy 17 / 26 met price target | 11%upside $53 | Overweight Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 14 articles about CFG published over the past 30 days
Positive
Zacks Investment Research
3 days ago
Citizens Financial Q4 Earnings Beat Estimates on Fee Income Growth
Solid fee income growth, along with reduced expenses, supports CFG's Q4 earnings. Lower NII and loans and deposit balances are headwinds.
Positive
Seeking Alpha
3 days ago
Citizens Financial Group: Much Better Options Out There
Citizens Financial Group's Q4 results show mixed performance, with declines in deposits and loans but slight improvements in net income and EPS. Despite tightening lending standards, key metrics like asset quality and net loan charge-offs have not significantly improved, justifying a hold rating. Return on average assets and equity saw slight improvements, but overall metrics still trend negatively, making Citizens less attractive compared to higher-yielding banks.
Neutral
Seeking Alpha
3 days ago
Citizens Financial Group, Inc. (CFG) Q4 2024 Earnings Call Transcript
Citizens Financial Group, Inc. (CFG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 days ago
Citizens Financial Group (CFG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Citizens Financial Group (CFG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 days ago
Citizens Financial Group (CFG) Tops Q4 Earnings and Revenue Estimates
Citizens Financial Group (CFG) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.34 per share a year ago.
Neutral
Business Wire
3 days ago
Citizens Financial Group, Inc. Reports Fourth Quarter 2024 Net Income of $401 million and EPS of $0.83
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 2024 financial results. The earnings press release, investor presentation, and financial supplement are available at http://investor.citizensbank.com. In addition, these materials will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov. “We were pleased to post solid performance in.
Neutral
Business Wire
5 days ago
Citizens Bank, N.A. Announces Redemption of Senior Notes
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Bank, N.A. today announced the redemption on January 27, 2025 (the “Redemption Date”) all of its outstanding $350,000,000 aggregate principal amount 5.284% Fixed/Floating Rate Senior Notes due January 26, 2026 (CUSIP No. 75524KQB3) (the “Notes”). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date. On and after the Redemp.
Neutral
Benzinga
6 days ago
Citizens Financial Group Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Citizens Financial Group, Inc. CFG will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 17, 2025.
Positive
Zacks Investment Research
6 days ago
Gear Up for Citizens Financial Group (CFG) Q4 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Citizens Financial Group (CFG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Positive
Market Watch
6 days ago
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