|Bid||27.04 x 3200|
|Ask||27.24 x 1400|
|Day's range||26.28 - 27.08|
|52-week range||23.37 - 44.82|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||6.48|
|Earnings date||19 Jul 2023|
|Forward dividend & yield||1.68 (6.24%)|
|Ex-dividend date||02 May 2023|
|1y target est||36.05|
Citizens Financial Group (CFG) closed the most recent trading day at $26.85, moving -0.3% from the previous trading session.
Citizens Financial, New York Community Bancorp and Banner have been highlighted in this Industry Outlook article.
Citizens Financial (CFG) will pay a penalty of $9 million to resolve mismanaged credit card disputes and fraud claims. It may result in increased legal expenses. These, coupled with rising costs, are likely to hinder growth.
The Zacks Savings and Loan industry players like CFG, NYCB and BANR are poised to tide through a potential recession, waning loan demand and high funding costs on sustainable business models and buyouts.
PROVIDENCE, R.I., May 24, 2023--Today, Citizens is introducing the Citizens Private Client™ World Elite Mastercard®, the first launch with its exclusive payments partner, Mastercard, and the first card product in the U.S. to include Mastercard’s Touch Card™ feature.
PROVIDENCE, R.I., May 23, 2023--Citizens Financial Group, Inc. [NYSE: CFG] today announced a settlement with the Consumer Financial Protection Bureau resolving a complaint related to certain billing errors and related issues that impacted a very small subset of Citizens’ credit card customers nearly eight years ago.
(Reuters) -Citizens Bank, one of the largest U.S. regional banks, will pay a $9 million civil penalty to resolve charges it mismanaged customers' credit card disputes and fraud claims, the Consumer Financial Protection Bureau said on Tuesday. The regulator had accused the Citizens Financial Group Inc unit of violating the federal Truth in Lending Act by making customers "jump through unnecessary and burdensome hoops" to resolve billing errors and claims of unauthorized card use. Citizens Bank was also accused of failing to acknowledge when billing error notices were received and in some cases denied, or disclose required credit counseling information to customers on a toll-free number.
Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.
PROVIDENCE, R.I., May 16, 2023--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 39th Annual Strategic Decisions Conference 2023 to be held on Friday, June 2, 2023 at 11:00 am ET.
The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
Citizens Financial Head of Consumer Banking Brendan Coughlin discusses how macro uncertainty in the banking sector is impacting market confidence.
PROVIDENCE, R.I., May 03, 2023--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has raised its prime lending rate to 8.25 percent from 8.00 percent, effective Thursday, May 4, 2023.
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? Let's find out.
PROVIDENCE, R.I., May 03, 2023--Third paragraph should read: Head of Consumer Banking since 2020, Coughlin is responsible for both national and regional banking, including Retail Banking & Distribution, Deposits, Credit & Debit card, Digital channels, Consumer Lending, Mortgage, Business Banking, Wealth Management, Citizens Access, and Citizens Pay. Citizens has more than 1,100 branches, $172 billion in deposits, and total assets of $222.3 billion. He has been with Citizens for more than 18 year
PROVIDENCE, R.I., May 02, 2023--Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. Yet, traditional payment modes – checks, automated clearing house (ACH) and physical credit cards – still have a stronghold.
Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.
PROVIDENCE, R.I., April 28, 2023--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Tuesday, May 9, 2023 at 9:15 am EDT.
Citizens' guidance for the rest of the year implies materially less revenue than it did heading into this year.
Citizens Financial Services (CZFS) delivered earnings and revenue surprises of -1.14% and 7.09%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Evans Bancorp (EVBN) delivered earnings and revenue surprises of 20.45% and 6.83%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
PROVIDENCE, R.I. & COLORADO SPRINGS, Colo., April 27, 2023--According to new research from Junior Achievement and Citizens, more than three-fourths of teens (76%) agree that a two-year degree or technical certification is enough to get a good job, and only 41% of respondents agree that one must have a four-year degree to have a good job.
PROVIDENCE, R.I., April 26, 2023--Citizens announced today that its national Citizens Business Conditions Index™ (CBCI) rose to 53.9 in the first quarter, reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends. The Index had dipped below 50 during the fourth quarter of last year and the bounce-back during the first quarter signaled a return to positive business conditions.
PROVIDENCE, R.I., April 26, 2023--Citizens Financial Group’s Board of Directors has been named 2023 "Top Public Company Board of the Year" by the National Association of Corporate Directors New England Chapter (NACDNE) as part of the association’s "Director of the Year" awards program. The NACDNE awards celebrate and honor some of New England’s most engaged boardroom leaders who exemplify knowledge, leadership, and excellence in corporate governance.
PROVIDENCE, R.I., April 24, 2023--Today Citizens announced it Sixth Annual Small Business Community Champion Award winners, drawn from nearly 9,000 entries that described how recipients would use the grants to further build their businesses, bring valuable products and services to customers, and strengthen the communities in which they operate. This year’s program will again award $10,000 each to 30 small businesses across Citizens’ footprint, including ten minority-owned and ten women-owned bus
While the top- and bottom-line numbers for Citizens Financial Group (CFG) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.