After hours: 4:26PM EDT
|Bid||34.50 x 1300|
|Ask||35.99 x 4000|
|Day's Range||34.31 - 34.92|
|52 Week Range||27.62 - 41.76|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||9.45|
|Forward Dividend & Yield||1.28 (3.66%)|
|1y Target Est||N/A|
Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) today announced that its board of directors has authorized the Company to repurchase up to $1.275 billion of the Company’s common stock over the four-quarter period beginning July 1, 2019, which represents a 25% increase over last year’s authorization. “We are pleased to report that our board has approved a new share repurchase authorization which represents a sizeable increase over our 2018 plan,” said Bruce Van Saun, Chairman and Chief Executive Officer.
Citizens Bank recently launched a suite of digital tools that help make the total home buying experience more seamless and efficient than ever. The new Your Home Rewards from Citizens Bank™ program, digital loan platform and Citizens One loan servicing mobile app collectively bring powerful new capabilities to bear at each step of the home buying journey, from house hunting to loan repayment. “Buying a home is one of life’s biggest financial and personal decisions, and it can also be one of the most stressful,” said Eric Schuppenhauer, president of Home Mortgage at Citizens Bank.
Citizens Financial Group, Inc. today announced plans to release second quarter 2019 results on July 19, 2019. The news release and supplemental materials will be available at http://investor.citizensbank.com.
Soon you’ll be able to forget about balancing your checkbook – or even having a checkbook – according to new research by Citizens Commercial Banking. According to the bank’s Real-Time Payments Outlook, 90 percent of businesses expect real-time payments, the super-fast, new standard in U.S. billing and payment processing that is currently being deployed, to dramatically transform the way business is done. Nearly two-thirds said real-time payments, the biggest upgrade to the U.S. payments system since the Automated Clearing House (ACH) in 1974, will likely mean the end of cash and check payments and will usher in a new era of instant transactions, while vastly improving business cash flow.
Citizens Financial Group, Inc. announced today that Vice Chairman and Head of Commercial Banking Don McCree will present at the Morgan Stanley Financials Conference in New York on Tuesday, June 11, 2019 at 8:00 am ET.
Citizens Financial Group, Inc. announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 35th Annual Strategic Decisions Conference 2019 on Thursday, May 30, 2019 at 2:00 pm ET.
As part of its ongoing commitment to give back to the communities it serves, Citizens Bank has again partnered with Military Warriors Support Foundation (MWSF) to donate a newly renovated, mortgage-free home to a deserving veteran and his family. The Cleveland Heights home – renovated by Citizens Bank colleagues and donated by the bank to Military Warriors Support Foundation’s Homes4WoundedHeroes program – was presented today to Retired Sergeant First Class Charlie Pepinrivera, who honorably served his country in Kuwait, Bosnia, Afghanistan and Iraq.
Citizens Financial Group, Inc. announced today that Vice Chairman and Head of Consumer Banking Brad Conner will present at the Deutsche Bank Global Financial Services Conference in New York on Wednesday, May 29, 2019 at 9:35 am ET.
Citizens Financial Group, Inc. announced that its board of directors has declared the following dividends payable on July 8, 2019, to preferred shareholders of record a
Citizens Financial Group, Inc. announced today that Chairman and CEO Bruce Van Saun will present at the Barclays Americas Select Franchise Conference in London on Tuesday, May 14, 2019 at 11:45 am GMT/6:45 am ET.
Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2019 financial results. The earnings press release, investor presentation, and financial supplement are available at http://investor.citizensbank.com. “We are pleased to start 2019 with a solid first quarter result as we continue to execute well on our strategic initiatives,” said Chairman and Chief Executive Officer Bruce Van Saun.
Citizens Bank today marked the start of National Financial Literacy Month with the launch of its multi-faceted financial education program, Citizens Helping Citizens Manage Money. The Citizens Helping Citizens Manage Money program is a yearly effort by the bank to teach financial literacy throughout the communities it serves. This year, the bank will provide more than $1.5 million in contributions to 84 nonprofits in Massachusetts, Rhode Island, New Hampshire, Vermont, Connecticut, Ohio, Michigan, Pennsylvania, and New York.
A new national survey by Junior Achievement USA (JA) and Citizens Bank shows that more than 30 percent of teens do not believe they will be financially independent of their parents by the age of 30. While the survey found that 74 percent of respondents believe they will own a car by the time they are 30, the numbers around other key financial milestones are much lower, with 60 percent believing they will own a home, 44 percent believing they will begin saving for retirement and 43 percent believing they will have paid off student loans. The survey of 1,000 US teens ages 13-18, who are not currently enrolled in college was conducted by Wakefield Research.
An overwhelming 87% of homeowners with access to Home Equity Lines of Credit (HELOCs) say they are optimistic about their property’s current value, with 74% interested in starting a home improvement project in the next 12 months, according to research released today by Citizens Bank. In its new HELOC Survey, Citizens also found that younger borrowers are more apt to use HELOCs for purposes other than home improvement. “Property values are at record highs across most of the U.S., driving increases in consumer optimism,” said Brendan Coughlin, President of Consumer Deposits & Lending at Citizens Bank.
Citizens Bank and Crossroads Presents today announced a 10-year partnership with four of Boston’s most iconic live entertainment venues. The agreement will help to strengthen and sustain entertainment and arts in Boston and will include presenting partnership deals at the Brighton Music Hall, Paradise Rock Club, Orpheum Theatre, as well as a naming rights deal at the soon-to-be renamed Citizens Bank Opera House. “Citizens Bank Live” will roll out over the next several months and will provide the bank’s customers with exclusive VIP opportunities at each of the venues, including presale tickets to hundreds of performances, skip-the-line benefits, and a new rewards program.
Citizens Financial Group, Inc. today announced that it has completed the acquisition of Bowstring Advisors , an Atlanta-based merger and acquisition advisory firm that delivers a range of financial services to commercial and industrial clients nationwide.
Citizens Financial Group, Inc. announced today that Vice Chairman and Chief Financial Officer John Woods will participate at the 2019 RBC Capital Markets Financial Institutions Conference on Wednesday, March 13, 2019 at 2:00 pm ET.
Transaction strengthens coverage with additional sector expertise to serve growing client need
Citizens Financial Group, Inc. today announced that Chief Financial Officer John F. Woods has been named a Vice Chairman of the bank. He joins Brad Conner, head of Consumer, and Don McCree, head of Commercial, as Vice Chairmen of Citizens.
The Senior Notes are being offered under the Bank’s $10.0 billion Global Bank Note Program. The Bank intends to use the net proceeds of the Senior Notes offerings for general corporate purposes. Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Citizens Capital Markets, Inc., and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the 3.250% Senior Notes and the Floating Rate Senior Notes.
Citizens Financial Group, Inc. announced today that Chief Financial Officer John Woods will now participate at the Credit Suisse 20th Annual Financial Services Forum on Tuesday, February 12, 2019 at 10:40 am ET.
Citizens Financial Group, Inc. announced today that Chief Financial Officer John Woods will participate at the Credit Suisse 20th Annual Financial Services Forum on Tuesday, February 12, 2019 at 10:00 am ET.
Middle-market companies seeking growth or liquidity have fueled a strong mergers and acquisitions market in recent years and expectations remain high for this year, but Citizens Commercial Banking’s annual survey found many companies see a slowdown on the horizon. The survey of 600 companies nationwide found that as valuations hover at record levels, sellers are coming to market while buyers continue to search for good opportunities. However, respondents are feeling an increased sense of urgency because almost half of companies anticipate an economic slowdown in the next two years.
Citizens Financial Group, Inc. today announced the pricing of an offering of 12,000,000 depositary shares each representing a 1/40th interest in a share of its 6.350% fixed-to-floating rate non-cumulative perpetual Series D Preferred Stock, liquidation preference $1,000 per share at an aggregate offering price of $300 million.