Welcome to our dedicated page for Citizens Finl Group news (Ticker: CFG), a resource for investors and traders seeking the latest updates and insights on Citizens Finl Group stock.
Citizens Financial Group Inc (CFG) provides consumer and commercial banking services through its nationwide network, serving individuals and institutions since 1828. This page aggregates official press releases, regulatory disclosures, and material developments for stakeholders tracking the company’s financial strategy and market position.
Investors and analysts will find timely updates on quarterly earnings, dividend announcements, and leadership changes. Media professionals can access verified information on CFG’s commercial banking innovations, regulatory compliance updates, and community initiatives. All content is sourced directly from company filings and authorized communications.
The repository includes:
• Earnings reports and investor presentations
• Regulatory filings (SEC submissions, compliance updates)
• Strategic initiatives including digital banking enhancements
• Leadership appointments and governance changes
Bookmark this page for streamlined access to Citizens Financial Group’s latest developments. For historical context, review our company profile detailing CFG’s banking segments and market presence.
Citizens Financial Group, Inc. (NYSE: CFG) has appointed Sarah Lindstrom as the new Head of Business Banking, effective October 4. Lindstrom, who joined Citizens in 2017, was previously Head of Retail Network Transformation & Branch Operations. In her new role, she will focus on enhancing financial performance for small and medium businesses and expanding the business banking portfolio. Simon Griffiths, the Head of Core Banking, expressed confidence in Lindstrom's ability to lead transformation initiatives catering to customer needs.
The 'Success and Succession' study reveals that 97% of high- and ultra-high-net-worth business owners acknowledge the COVID-19 pandemic's impact on their operations. Notably, 66% have accelerated plans to retire or sell their businesses, with 50% planning to sell due to the pandemic. Leadership changes are on the horizon, with 70% of respondents indicating such changes, and 34% opting for early retirement. Additionally, 65% have relocated their businesses since March 2020, motivated by tax advantages and family proximity. Advisors play a pivotal role in these transitions, with 59% of owners consulting them for succession planning.
Citizens Financial Group has entered a definitive merger agreement to acquire JMP Group LLC in an all-cash transaction valued at approximately
Citizens Financial Group, Inc. (NYSE: CFG) is set to announce its third quarter 2021 earnings on October 20, 2021. The earnings release and supplementary materials will be available on their investor relations website. A live conference call will occur at 9:00 am ET, with dial-in details provided. The replay of the call will be accessible from 12:00 pm ET on the same day until November 20, 2021. Citizens Financial Group, headquartered in Providence, Rhode Island, manages $185.1 billion in assets.
Citizens Financial Group, Inc. (NYSE: CFG) declared dividends on preferred stock, payable on October 6, 2021, to shareholders of record as of September 21, 2021. The dividends include:
- $15.9375 for Series C
- $15.875 for Series D
- $12.50 for Series E
- $14.125 for Series F
- $12.7778 for Series G
This reflects the company's commitment to returning value to shareholders.
Citizens Financial Group (NYSE: CFG) announced that Chairman and CEO Bruce Van Saun will speak at the Barclays Global Financial Services Conference on September 14, 2021, at 9:45 am ET. The event will be held virtually, and interested parties can access the live webcast through Citizens' investor relations page.
As of June 30, 2021, Citizens Financial Group manages $185.1 billion in assets, providing a variety of banking services to consumers, small businesses, and large corporations through approximately 3,000 ATMs and 1,000 branches across 11 states.
Citizens Financial Group (NYSE: CFG) has agreed to acquire Willamette Management Associates, enhancing its corporate financial advisory services. Founded in 1969, Willamette specializes in business and intellectual property valuation, forensic accounting, and economic damages analysis. This acquisition, expected to close this quarter, builds on Citizens' previous purchases of Western Reserve Partners, Bowstring Advisors, and Trinity Capital Partners, positioning Citizens among top valuation service providers. Financial terms were not disclosed.
Citizens Financial Group has announced a definitive agreement to acquire Investors Bancorp for approximately $3.5 billion, combining stock and cash. This acquisition adds 154 branches in key northeastern markets and consolidates Citizens' customer base by approximately one million. The merger is anticipated to be accretive to earnings per share (EPS) and deliver significant cost savings, projected at $130 million annually. The transaction is set to close by Q1 or Q2 of 2022, pending regulatory approvals and shareholder consent.
Citizens Financial Group (NYSE: CFG) has announced a definitive agreement to acquire Investors Bancorp (NASDAQ: ISBC) for stock and cash. The merger enhances Citizens' presence in the northeast, adding 154 branches in the New York City and Philadelphia areas and expanding its customer base by approximately one million. The deal is projected to be EPS accretive and deliver significant cost savings and synergies of about $130 million annually. The total transaction value is approximately $3.5 billion, with the closing anticipated in early 2022, pending regulatory and shareholder approvals.
FAQ
What is the current stock price of Citizens Finl Group (CFG)?
What is the market cap of Citizens Finl Group (CFG)?
