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. 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) has announced that Chairman and CEO Bruce Van Saun will participate in the Bernstein 41st Annual Strategic Decisions Conference 2025. The event is scheduled for May 30, 2025, at 9:00 am ET, with a live webcast available on the company's investor relations website.
Citizens Financial Group, with $220.1 billion in assets as of March 31, 2025, operates approximately 1,000 branches and 3,100 ATMs across 14 states and DC. The bank provides comprehensive consumer and commercial banking services, including mobile banking, lending, savings, wealth management, treasury management, foreign exchange, and capital markets solutions.
Citizens Financial Group (NYSE: CFG) has announced quarterly dividend payments on six series of its preferred stock, all payable on July 7, 2025, to shareholders of record as of June 20, 2025. The dividends include:
- Series B (6.000% Fixed-to-Floating): $19.08 per share
- Series C (6.375% Fixed-to-Floating): $19.47 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
Citizens Financial Group manages $220.1 billion in assets as of March 31, 2025, operating approximately 1,000 branches and 3,100 ATMs across 14 states and D.C.
Citizens Financial Group has announced key leadership changes, promoting Brendan Coughlin to President while Chief Financial Officer John Woods plans to depart. Coughlin, previously Vice Chair and Head of Consumer, Private Banking and Wealth, will report to Chairman and CEO Bruce Van Saun.
In his expanded role, Coughlin will oversee Consumer Banking, Citizens Private Bank, Wealth, Enterprise Data & Analytics, and Marketing. During his 20-year tenure, he launched innovative offerings including partnerships with Apple and Microsoft and national education refinance products.
Under Coughlin's leadership, Citizens Private Bank reached $8.7 billion in deposits and $5.2 billion in assets under management in 2023. The bank has expanded its Wealth Management presence to California, Boston, and Florida.
CFO John Woods will leave in August 2025 for another opportunity. Citizens, with $220.1 billion in assets, operates approximately 1,000 branches across 14 states and DC, offering retail and commercial banking services.
Citizens Business Conditions Index maintained a steady expansionary position at 50.9 in Q1 2025, slightly down from 51.0 in Q4 2024. The index reflects positive business conditions despite growing macroeconomic uncertainty.
Key findings:
- Corporate revenues showed continued growth across most sectors, except Energy and Utilities
- Business sentiment started strong but showed cooling momentum by quarter's end
- Employment data and new business applications remained neutral
- ISM Manufacturing and Services indexes were expansionary but showed declining sentiment in March
Citizens Financial Group, with $220.1 billion in assets, operates approximately 1,000 branches across 14 states and DC. The bank provides comprehensive retail and commercial banking services, including mobile banking, lending, wealth management, and corporate finance solutions through its Consumer and Commercial Banking divisions.
Citizens Financial Group (NYSE: CFG) has reported its Q1 2025 financial results with net income of $373 million and earnings per share of $0.77. The company maintained strong financial metrics with a CET1 ratio of 10.6% and a loan-to-deposit ratio of 77.5%.
The company announced an agreement to sell its purchased student loan portfolio, which will accelerate Non-Core rundown and free up capital and liquidity. Citizens' board declared a quarterly dividend of $0.42 per share, payable on May 14, 2025.
As of March 31, 2025, Citizens reported total assets of $220.1 billion. The bank maintains approximately 3,100 ATMs and 1,000 branches across 14 states and the District of Columbia.
Citizens Financial Group (NYSE: CFG) has appointed Azra Pravdic as the new head of Enterprise Strategy, effective May 12. Pravdic, a former McKinsey & Company Partner, will join the bank's Executive Committee, reporting to both John Woods, Vice Chair and CFO, and Bruce Van Saun, Chairman and CEO.
In her new role, Pravdic will oversee a comprehensive portfolio including strategy, corporate development, customer experience, innovation, sustainability, and agile operating model. She brings significant experience from McKinsey's Financial Services practice, where she specialized in growth strategies, commercial excellence, risk and compliance, and process transformation.
Prior to joining McKinsey's New York office in 2011, where she was promoted to Partner in 2019, Pravdic began her career at J.P. Morgan Chase. She has extensive global experience, particularly in Europe, advising various financial institutions across banking, wealth management, payments, and financial infrastructure sectors.
Citizens has announced a $2.6 million investment in financial education grants and volunteer support through its Citizens Money Essentials program. The initiative aims to help students, individuals, and small business owners enhance their financial literacy.
The funding will support national partnerships with Junior Achievement (JA) and Council for Economic Education (CEE), along with 132 local nonprofits. Key programs include JA's financial education and career readiness training, CEE's Invest in Girls program addressing gender gaps in financial literacy, and Volunteer Income Tax Assistance (VITA) providing free tax help for those earning $67,000 or less.
In 2024, Citizens colleagues contributed over 6,500 hours of financial education, delivering interactive curriculum in English and Spanish across the bank's footprint.