CFG Stock Recent News

According to the CME Fed Watch tool, the odds that the Federal Reserve will cut interest rates in July are only about 20%. However, those odds move to around 68% in September.

Citizens Financial's interest margin has lagged the space these past few years, with the bank weighed down by interest rate hedges and its non-core loan portfolio. These issues should be self-correcting, powering strong net interest margin expansion over the next couple of years. While shares trade for a reasonable-looking 11.3x consensus 2025 EPS, earnings growth looks set to be robust through 2027, pointing to attractive returns for today's buyers.

A slew of regional banks just announced substantial new share buyback authorizations. Regional banks are mid-sized to small financial institutions that tend to serve a particular part of the country.

CFG boosts its buyback plan to $1.5B, underscoring confidence in its capital strength and long-term strategy.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) today announces that its board of directors has increased the capacity of the Company's common share repurchase program to $1.5 billion, an increase of $1.2 billion above the $300 million of capacity currently remaining under the prior June 2024 authorization. “We are pleased to report that our Board has approved an increase to our share repurchase authorization. The authorization reflects confidence.

PROVIDENCE, R.I.--(BUSINESS WIRE)--As part of its commitment to empowering customers at every stage of their financial journey, Citizens has launched a new suite of Mastercard credit cards designed to address the distinct financial needs and preferences of today's consumers. Built on years of customers' insights and feedback, the new credit cards offer tailored features that range from establishing credit to maximizing rewards and lifestyle benefits. As customers grow in financial experience an.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 3, 2025, of all of its outstanding 4.35% Fixed-Rate Subordinated Notes due August 1, 2025 (CUSIP No. 174610AJ4) (the “Notes”). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date of July 3, 2025. In accordance with the indenture governing the Notes, the hold.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Senior Vice Chair and Head of Commercial Banking Don McCree will participate at the Morgan Stanley U.S. Financials Conference to be held on Tuesday, June 10, 2025 at 9:45 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 one of the nation's oldest and largest financ.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 41st Annual Strategic Decisions Conference 2025 to be held on Friday, May 30, 2025 at 9:00 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 one of the nation's oldest and largest.

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 July 7, 2025, to preferred shareholders of record at the close of business on June 20, 2025: a quarterly cash dividend of $19.08295278 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 $19.47223056 per share on.