CFG Stock Recent News

Bruce Van Saun, Citizens Financial Group CEO, joins 'Money Movers' to discuss Van Saun's thoughts on the consumer, what will happen with deal flow this year, and much more.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chair and Chief Financial Officer John Woods and Head of Capital Markets Ted Swimmer will participate at the RBC Capital Markets Financial Institutions Conference to be held on Tuesday, March 4, 2025 at 10:00 am ET. The live webcast will be available at https://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is on.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on April 7, 2025, to preferred shareholders of record at the close of business on March 21, 2025: a quarterly cash dividend of $19.11166833 per share on CFG's 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $19.50094611 per share.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that it has further expanded its wealth management reach and capabilities in southern Florida, setting the stage for further growth in that key market. Citizens Private Wealth has added a team of seasoned wealth advisors, led by Dustin Smith and James Rubinton, who bring more than six decades of combined experience to the firm. Based in Naples, these senior advisors specialize in customized wealth mana.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chair and Chief Financial Officer John Woods will participate at the UBS Financial Services Conference 2025 on Tuesday, February 11, 2025 at 12:10 pm ET. The live webcast will be available at http://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, wi.

Solid fee income growth, along with reduced expenses, supports CFG's Q4 earnings. Lower NII and loans and deposit balances are headwinds.

Citizens Financial Group's Q4 results show mixed performance, with declines in deposits and loans but slight improvements in net income and EPS. Despite tightening lending standards, key metrics like asset quality and net loan charge-offs have not significantly improved, justifying a hold rating. Return on average assets and equity saw slight improvements, but overall metrics still trend negatively, making Citizens less attractive compared to higher-yielding banks.

Citizens Financial Group, Inc. (CFG) Q4 2024 Earnings Call Transcript

The headline numbers for Citizens Financial Group (CFG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Citizens Financial Group (CFG) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.34 per share a year ago.