Citizens Financial Group, Inc. reports banking results and capital actions for a bank holding company serving consumers, small businesses, middle-market companies, large corporations and institutions. Its recurring updates center on Consumer Banking and Commercial Banking activity, including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, wealth management and commercial banking services.
Company news also includes quarterly earnings materials, common and preferred stock dividend announcements, investor conference participation and community finance initiatives. Citizens’ public updates frequently connect financial performance with balance sheet trends, credit conditions, private banking activity, financial literacy programs, nonprofit partnerships and small-business support in the markets the bank serves.
Citizens Financial Group (NYSE: CFG) named Ted Swimmer Head of Commercial Banking effective immediately, succeeding Don McCree, who will remain Chair of Commercial Banking until his retirement at the end of March 2026. Swimmer, a 30-year banking veteran, joined Citizens in 2010 and was named to the Executive Committee in 2018. He built the Capital Markets and Advisory team into a consistent Top 5 U.S. Middle Market Deal Bookrunner and expanded offerings to include debt, equity and M&A advisory. Citizens reported $218.3 billion in assets as of June 30, 2025.
Citizens Financial Group (NYSE: CFG) has announced the redemption of all outstanding 4.300% Fixed-Rate Subordinated Notes due December 3, 2025. The redemption will take place on November 3, 2025, with noteholders receiving 100% of the principal amount plus accrued and unpaid interest.
The company, headquartered in Providence, Rhode Island, is one of the nation's largest financial institutions with $218.3 billion in assets as of June 30, 2025. Citizens operates approximately 1,000 branches across 14 states and the District of Columbia, supported by 3,000 ATMs, offering comprehensive retail and commercial banking services.
Citizens Financial Group (NYSE:CFG) has scheduled its third quarter 2025 earnings conference call for October 15, 2025, at 9:00 AM ET. The company will release its Q3 2025 earnings report and supplemental materials on the same day, which will be accessible through their investor relations website.
Investors and analysts can participate by dialing 800-369-1703 (conference ID: 3503262) to ask questions, or 800-475-8432 (conference ID: 3503264) for listen-only access. A webcast replay will be available until November 15, 2025.
Citizens Financial Group (NYSE: CFG) has announced a decrease in its prime lending rate from 7.50% to 7.25%, effective September 18, 2025. The change comes from Citizens Bank, N.A., a subsidiary of Citizens Financial Group.
Citizens Financial Group, with $218.3 billion in assets, operates approximately 1,000 branches and 3,000 ATMs across 14 states and D.C., offering comprehensive retail and commercial banking services including mobile banking, lending, savings, wealth management, treasury management, and corporate finance solutions.
Citizens Financial Group (NYSE:CFG) has announced a new $20 million commitment for workforce development programs spanning 2026-2028. This investment builds upon their successful $10 million initiative from 2024-2025, which focused on upskilling, reskilling, and creating career pathways.
The expanded commitment comes amid findings from the 2025 Junior Achievement Teen Workforce Survey, which revealed that while 94% of teens are optimistic about future careers, 57% express concerns about AI's impact on job prospects. Citizens partners with organizations like Year Up United and Education Design Lab, having already invested $1.6 million in their Community College Accelerator program across multiple cities and $600,000 in the Brooklyn Youth Offshore Wind Training Program.
Citizens Financial Group (NYSE:CFG) has announced the redemption of all 400,000 outstanding shares of its 5.650% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series F. The redemption will take place on October 6, 2025, at a redemption price of $1,000 per share.
The redemption date coincides with a dividend payment date, and the previously declared regular quarterly dividend will be paid separately to holders of record. After the redemption date, no Series F Preferred Stock shares will remain outstanding, and dividends will cease to accrue. Citizens Financial Group, with $218.3 billion in assets as of June 30, 2025, operates approximately 1,000 branches across 14 states and DC.
["Complete redemption of preferred stock indicates strong financial position", "Simplification of capital structure through elimination of Series F Preferred Stock", "Regular quarterly dividend will still be paid to shareholders of record"]Citizens Financial Group (NYSE:CFG) has announced its schedule for 2027 quarterly earnings conference calls. The bank will host four quarterly results presentations throughout 2027, with calls scheduled for April 15, July 15, October 15, 2027, and January 18, 2028, all at 9:00 AM ET.
Citizens Financial Group, with $218.3 billion in assets as of June 2025, operates approximately 1,000 branches and 3,000 ATMs across 14 states and D.C., offering comprehensive retail and commercial banking services including mobile banking, lending, wealth management, and corporate finance solutions.
Citizens Financial Group (NYSE:CFG) announced that Chairman and CEO Bruce Van Saun will participate in the Barclays 23rd Annual Global Financial Services Conference. The presentation is scheduled for September 8, 2025, at 10:30 am ET. Investors can access the live webcast through Citizens Financial's investor relations website under the Events & Presentations section.
Citizens Financial Group (NYSE:CFG) has appointed Aunoy Banerjee as Executive Vice President and Chief Financial Officer, effective October 24, 2025. Banerjee joins from Barclays Bank PLC, where he served as CFO managing a £1.1 trillion balance sheet.
A 25-year financial services veteran, Banerjee brings extensive experience from leadership roles at Barclays, State Street, and Citigroup. At State Street, he oversaw a $100 billion-plus investment portfolio and led major transformation initiatives. He will replace current CFO John Woods, who departs August 15, with Chris Emerson serving as interim CFO.
In his new role at Citizens ($218.3 billion in assets), Banerjee will oversee Financial Planning, Controller, Investor Relations, Treasury, Tax, and Capital Management functions.
Citizens Financial Group (NYSE: CFG) has announced its board of directors' declaration of quarterly dividends on six series of preferred stock, all payable on October 6, 2025. The dividends include:
- Series B (6.000% Fixed-to-Floating): $19.07 per share
- Series C (6.375% Fixed-to-Floating): $19.46 per share
- Series E (5.000% Fixed-Rate): $12.50 per share
- Series F (5.650% Fixed-Rate Reset): $14.13 per share
- Series G (4.000% Fixed-Rate Reset): $10.00 per share
- Series H (7.375% Fixed-Rate): $18.44 per share
The record date for all preferred shareholders is September 19, 2025. Citizens Financial Group manages $218.3 billion in assets and operates approximately 1,000 branches across 14 states.