CFG Stock Recent News

Citizens Financial Group CEO Bruce Van Saun discusses recent banking trends and the state of the commercial real estate market. Speaking on "Bloomberg The Close," Van Saun also says he has no imminent plans to step aside as CEO.

The Investment Committee give you their top stocks to watch for the second half.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Claude E. Wade to the company's Board of Directors, effective March 1, 2025. Wade's appointment will temporarily expand the Citizens Board to 14 directors. He will serve on the Board's Risk Committee. Wade, who has over 30 years of operational, strategy and innovation roles, primarily with Fortune 100 companies, serves as executive vice president, Chief Digital Officer and Global Hea.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 8.00 percent from 8.50 percent, effective Thursday, September 19, 2024. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $219.9 billion in assets as of June 30, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail.

Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, including NextEra Energy and Franklin Resources, offer dividends exceeding their share prices, signaling potential buy opportunities. Analysts predict net gains of 13.52% to 39.01% for the top ten ESG stocks by September 2025, with Intel and Estee Lauder among the top gainers.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Barclays 22nd Annual Global Financial Services Conference on Monday, September 9, 2024 at 9:45 am 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 financi.

Citizens Financial's (CFG) strong balance sheet position and strategic initiatives look encouraging. Yet, rising costs are a concern.

Citizens Financial Group, Inc. (NYSE:CFG ) Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van Saun - Chairman and Chief Executive Officer John Woods - Chief Financial Officer Brendan Coughlin - Head of Consumer Banking Don McCree - Head of Commercial Banking Conference Call Participants Peter Winter - D.A. Davidson Erika Najarian - UBS Scott Siefers - Piper Sandler Ken Usdin - Jefferies Manan Gosalia - Morgan Stanley John Pancari - Evercore Gerard Cassidy - RBC Matt O'Connor - Deutsche Bank Operator Good morning, everyone, and welcome to the Citizens Financial Group Second Quarter Earnings Conference Call.

Citizens Financial Group, Inc. reported mixed Q2 earnings, with declines in deposits and loans, but slightly higher revenue and net income. Despite a focus on quality over quantity, asset quality metrics are deteriorating, with net interest margin and net loan charge-offs on the rise. Return metrics improved, with a better efficiency ratio and higher return on average assets and equity, but the inflection in performance remains uncertain.

Citizens Financial's (CFG) Q2 earnings benefit from an increase in non-interest income and reduced expenses. However, challenges emerge with lower NII and a rise in provisions.