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Citizens Financial Group, Inc. - $CFG STOCK NEWS

Welcome to our dedicated page for Citizens Financial Group news (Ticker: $CFG), a resource for investors and traders seeking the latest updates and insights on Citizens Financial Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Citizens Financial Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Citizens Financial Group's position in the market.

Rhea-AI Summary

Citizens Financial Group, Inc. (NYSE: CFG) declared dividends on its preferred stock, with various rates for different series, payable on July 8, 2024. The company, with $220.4 billion in assets, offers a wide range of financial products and services to consumers and businesses. Citizens focuses on tailored solutions, including mobile and online banking, with numerous branches and ATMs across 14 states and D.C. In Commercial Banking, the company provides lending, treasury management, and capital markets services.

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Rhea-AI Summary

Citizens Bank, N.A. announced the redemption of $650 million in senior notes due May 23, 2025. The redemption price will be 100% of the principal amount plus accrued interest up to the Redemption Date. Citizens Financial Group, Inc. has $220.4 billion in assets and offers a wide range of banking products and services to various customers.

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0.84%
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Rhea-AI Summary

The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 in the first quarter as economic momentum slowed due to moderately restrictive monetary policy. Despite softening revenue trends and a decline in new business applications, the U.S. economy remains fairly healthy. Citizens Business Conditions Index™ reveals mixed dynamics in the business environment with some positive signs in the ISM non-manufacturing component and green shoots in manufacturing outlook.

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End-of-Day
-2.49%
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Rhea-AI Summary

Citizens Financial Group, Inc. (NYSE: CFG) will be represented by Chairman and CEO Bruce Van Saun at the Barclays Americas Select Franchise Conference on May 8, 2024. The live webcast will be accessible on their investor relations website.

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-2.49%
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Rhea-AI Summary
Citizens Financial Group, Inc. reported a net income of $334 million and EPS of $0.65 for the first quarter of 2024. The underlying net income was $395 million with an EPS of $0.79. The company saw a strong recovery in Capital Markets fees, maintained a stable Net Interest Margin (NIM), Loan-to-Deposit Ratio (LDR) of 81%, and a Common Equity Tier 1 (CET1) ratio of 10.6%.
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1.88%
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Citizens Financial Group appoints Paul Casey as Head of Wealth Management to drive growth in the wealth sector following the launch of Citizens Private Bank in 2023.
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-0.42%
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Citizens Financial Group, Inc. (CFG) is set to announce its first-quarter 2024 earnings on April 17, 2024.
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-1.68%
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Citizens' study shows 72% of small- and mid-size businesses in the U.S. see private equity as a potential partner for funding. Positive sponsor perception may boost dealmaking in 2024.
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-1.68%
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Citizens Financial Group allocates $2.4 million in financial empowerment grants to support nonprofit organizations, including Junior Achievement. They also release results of a teen financial wellness survey highlighting the need for expanded financial literacy programs.
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2.87%
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Citizens Financial Group (CFG) boosts partnership with The Andy Warhol Museum with a $200,000 grant for The Warhol Academy, enhancing economic mobility and workforce development in Pittsburgh.
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Citizens Financial Group, Inc.

NYSE:CFG

CFG Rankings

CFG Stock Data

16.31B
455.09M
0.65%
97.34%
3.94%
Commercial Banking
Finance and Insurance
Link
United States of America
PROVIDENCE

About CFG

citizens bank is one of the oldest and largest financial services firms in the united states. headquartered in providence, rhode island, where its roots date back to 1828, citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. with award-winning mobile apps, robust online offerings, a 24/7 customer contact center, the convenience of approximately 3,200 atms and 1,200 branches in 11 states, citizens is helping retail customers bank better every day. citizens’ mortgage lending, auto lending, student lending and commercial banking businesses operate in select additional markets. citizens commercial banking offers its corporate, not-for-profit and institutional clients a broad range of wholesale banking products and services including treasury services, specialty finance, foreign exchange, capital markets and debt syndication. when you join citizens bank, you’ll find a customer-cent