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. (NYSE: CFG) generates a steady flow of news as one of the nation’s oldest and largest financial institutions. Headquartered in Providence, Rhode Island, the company regularly issues updates on its retail and commercial banking activities, capital markets initiatives and corporate governance matters. This news page aggregates those announcements so readers can follow developments affecting CFG stock and the broader Citizens franchise.
Citizens frequently releases earnings-related news, including quarterly and full-year results, conference call schedules and accompanying investor presentations. These announcements are often furnished in Form 8-K filings and referenced in press releases that detail when financial results and supplemental materials will be available to investors.
The company also publishes capital and funding updates, such as offerings of preferred stock depositary shares, changes to preferred stock designations, and redemptions of senior notes or preferred stock series. News items have described public offerings of depositary shares representing interests in preferred stock, the intended use of proceeds, and subsequent redemptions of outstanding securities.
Other Citizens news covers interest rate and product changes, including adjustments to the prime lending rate at Citizens Bank, N.A., as well as dividends declared on various series of preferred stock. Corporate and leadership developments, such as executive appointments and participation in investor conferences, are also announced through press releases and related SEC filings.
In addition, Citizens highlights strategic and recognition-related news, including survey-based insights into U.S. middle market M&A activity and awards such as being named Bank of the Year for the U.S. by The Banker. Investors and observers can use this news stream to track Citizens’ business focus, funding actions and market-facing activities over time.
Citizens Financial Group (NYSE: CFG) announced that Vice Chairman and Head of Commercial Banking, Don McCree, will participate in Deutsche Bank's Global Financial Services & FinTech Conference on June 1, 2021, at 8:55 am ET. The event will be held virtually, and a live webcast can be accessed at investor.citizensbank.com. Citizens Financial Group, headquartered in Providence, Rhode Island, has assets totaling $187.2 billion as of March 31, 2021, offering a variety of banking products and services to diverse clientele.
Citizens Financial Group (NYSE: CFG) will announce its second quarter 2021 earnings on July 20, 2021. The earnings release and supplemental materials will be accessible online. A live conference call is scheduled for 9:00 AM ET, where management will discuss the results. Interested parties can call in by dialing 877-336-4437, using conference ID 2929135. A replay will be available after the call. Citizens Financial Group is a major financial institution with $187.2 billion in assets as of March 31, 2021, providing diverse banking services across multiple regions.
Citizens Financial Group, Inc. (CFG) declared dividends on its preferred stock, payable on July 6, 2021, to shareholders recorded by June 21, 2021. Key dividends include a quarterly cash dividend of $10.50 for Series A, $30.00 for Series B (semi-annual), $15.93 for Series C, $15.88 for Series D, $12.50 for Series E, and $14.13 for Series F. As of March 31, 2021, CFG reported $187.2 billion in assets, underscoring its status as a major financial institution in retail and commercial banking.
Citizens Bank has announced the winners of its Fourth Annual Small Business Community Champion Award, with a total prize pool of $300,000, the largest to date, tripling last year's amount. From over 4,000 entries, 30 small business owners received $10,000 each to support community growth. This year, the program expanded to include 20 additional awards for minority- and women-owned businesses, recognizing their vital contributions to local economies. Citizens Bank aims to enhance support for small businesses across its operational regions.
Citizens reported a Citizens Business Conditions Index™ (CBCI) reading of 53.3 for the past quarter, indicating continued economic recovery amid the COVID-19 pandemic. This is slightly down from 56.0 in Q4. The improved outlook is attributed to positive vaccination rates and a new fiscal relief package supporting unemployment and state governments. The CBCI reflects growth in both manufacturing and services, although employment and new-business applications showed mixed results. Overall, the index suggests sustained business activity moving into the next quarter.
Citizens Financial Group (NYSE: CFG) will have Chairman and CEO Bruce Van Saun speaking at the Barclays Americas Select Franchise Conference on May 18, 2021, at 8:00 am ET. The event will be held virtually, and a live webcast can be accessed at investor.citizensbank.com under Events & Presentations. Citizens Financial is a major financial institution with $187.2 billion in assets, offering a diverse range of banking services across retail and commercial sectors, primarily operating in the New England, Mid-Atlantic, and Midwest regions.
Citizens Financial Group, Inc. (NYSE: CFG) has appointed Chris Weyrauch as Head of Wealth Management, effective immediately. He succeeds Ryan Parker, who is leaving for family reasons. Weyrauch has 25 years of experience from TIAA, where he managed $400 billion in assets for 425,000 clients. His focus will be on accelerating Citizens' wealth management growth. Parker will assist Weyrauch through June for a smooth transition. The bank recently reported record results and has a strong team in place to support continued momentum in this critical area.
Citizens Financial Group (NYSE: CFG) reported strong first quarter 2021 results, highlighting robust performance particularly in fee businesses and credit management. The company declared a second-quarter dividend of $0.39 per share, payable on May 13, 2021, to shareholders recorded by April 29, 2021. CEO Bruce Van Saun expressed confidence in the economic recovery while reiterating a commitment to support those affected by the pandemic. Citizens has $187.2 billion in assets and continues to enhance its digital capabilities.
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Citizens Financial Group (NYSE: CFG) announced Eric Schuppenhauer's appointment to the Executive Committee, effective April 1, 2021. Schuppenhauer, who joined Citizens in 2018, has significantly contributed to the growth of the Consumer Lending and National Banking sectors, which encompass a $65 billion loan and $6 billion deposit portfolio. His leadership has strengthened customer experience and organizational engagement. Schuppenhauer previously held senior positions at Capital One and J.P. Morgan, and CEO Bruce Van Saun expressed confidence in his continued contributions to the company's strategic goals.