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. (CFG) executives to participate in RBC Capital Markets Financial Institutions Conference on March 5, 2024.
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End-of-Day
-0.57%
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Citizens Financial Group, Inc. (CFG) appoints Tracy A. Atkinson to its Board of Directors and Edward J. Kelly III as lead independent director. Atkinson brings extensive financial expertise, serving on U.S. boards, and navigating regulatory changes. Kelly succeeds Shivan Subramaniam, who will retire after reaching the mandatory retirement age. Atkinson's background includes roles at State Street Corporation, PricewaterhouseCoopers, and MFS Investment Management.
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End-of-Day
-0.57%
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Citizens Financial Group, Inc. (CFG) declares dividends on its preferred stock, with varying rates for different series, payable on April 8, 2024. The dividends range from $10.00 to $21.723520 per share, benefiting preferred shareholders.
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End-of-Day
1.37%
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Citizens Financial Group, Inc. (CFG) appoints Brendan Goode as Chief Security Officer, succeeding Holly Ridgeway who will retire. Goode brings extensive security experience from Commonwealth Bank of Australia and Citigroup. Ridgeway, a security industry veteran, has been pivotal in developing cybersecurity strategies for Citizens.
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End-of-Day
1.82%
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Citizens Financial Group, Inc. (CFG) has announced significant changes to accelerate the growth of its Wealth Management and Private Banking business, including the hiring of industry veterans for key roles and the opening of a new Private Banking office in Boston. The company aims to cater to a wide range of wealth clients, from mass affluent to ultra-high net worth and family offices, with the goal of becoming a leading Private Banking and Wealth Management provider in the U.S.
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End-of-Day
0.19%
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The national Citizens Business Conditions Index™ (CBCI) rose to 51.8 in the fourth quarter, supported by continued resilience in the labor market and consumer trends. Solid employment trends, particularly in Local Government and Healthcare, contributed to improving economic conditions in the fourth quarter. Healthcare and Consumer Services were among the top sectors, while the Basic Materials and Energy sectors faced headwinds. The ISM non-manufacturing component remained expansionary as consumers continued to spend on travel and recreational services. Overall, the fourth quarter CBCI revealed a business environment that is reverting toward its long-term growth trend, providing an optimistic starting point for 2024.
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0.15%
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Citizens has announced its annual Small Business Community Champion Award Contest, with $10,000 awards for 30 small businesses, including minority-owned, women-owned, and veteran-owned businesses. The contest aims to strengthen local economies and communities, having awarded over $1.2 million to 112 small businesses to date.
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End-of-Day
-0.41%
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Citizens Financial Group, Inc. (CFG) reported a strong fourth quarter and full year 2023 financial results with underlying net income of $426 million and EPS of $0.85. The CET1 ratio was 10.6%. The company projects a net income of $1.6 billion and EPS of $3.13 for 2023, with underlying EPS of $3.88.
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1.7%
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Voya Financial, Inc. (VOYA) has elected Robert Leary to its board of directors, effective Jan. 8, 2024. Leary brings over 30 years of experience in asset management, employee benefits, retirement, insurance, and annuities industries. He will serve on multiple committees of Voya's board. Leary's extensive industry knowledge and leadership experience are expected to drive growth and benefit Voya's stakeholders.
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Citizens Financial Group (CFG) reveals optimism for the M&A market in 2024, supported by strong expectations for the U.S. economy. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms shows that 46% of mid-market firms expect a strong M&A market in 2024, with 46% of PE firms expecting higher deal volumes. The survey also uncovered trends related to interest in AI assets, international dealmaking, and the upcoming U.S. election that support the upbeat forecast.
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0.12%
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Citizens Financial Group, Inc.
NYSE:CFG
CFG Rankings
CFG Stock Data
16.23B
455.09M
0.65%
97.34%
3.94%
Commercial Banking
Finance and Insurance
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