Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.
Company profile
Ticker
CFG, CFG-PE
Exchange
Website
CEO
Mr. Bruce Winfield Van Saun
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CITIZENS FINANCIAL GROUP INC/DE
SEC CIK
Corporate docs
Subsidiaries
1215 Financial Center Associates, Ltd. • CFG Service Corp. • CIADS Agency, Inc. • Citizens Asset Finance, Inc. • Citizens Auto Receivables, LLC • Citizens Automobile Funding Facility, LLC • Citizens Funding Corp. • Citizens Insurance Holdings, Inc. • Citizens JMP Group, LLC • Citizens JMP Securities, LLC ...
CFG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Citizens Financial Group, Inc. Reports Third Quarter 2024 Net Income of
16 Oct 24
S-3ASR
Automatic shelf registration
4 Oct 24
8-K
Citizens Financial Group Announces Appointment of Claude E. Wade to Board of Directors; Wendy Watson to Retire
20 Sep 24
8-K
Citizens Appoints Christopher Schnirel as Controller and Chief Accounting Officer
16 Sep 24
10-Q
2024 Q2
Quarterly report
6 Aug 24
8-K
Other Events
23 Jul 24
424B2
Prospectus for primary offering
22 Jul 24
FWP
Free writing prospectus
18 Jul 24
8-K
Other Events
18 Jul 24
424B2
Prospectus for primary offering
18 Jul 24
Transcripts
CFG
Earnings call transcript
2024 Q3
16 Oct 24
CFG
Earnings call transcript
2024 Q2
17 Jul 24
CFG
Earnings call transcript
2024 Q1
17 Apr 24
CFG
Earnings call transcript
2023 Q4
17 Jan 24
CFG
Earnings call transcript
2023 Q3
18 Oct 23
CFG
Earnings call transcript
2023 Q2
19 Jul 23
CFG
Earnings call transcript
2023 Q2
19 Jul 23
CFG
Earnings call transcript
2023 Q1
19 Apr 23
CFG
Earnings call transcript
2022 Q4
17 Jan 23
CFG
Earnings call transcript
2022 Q3
19 Oct 22
Latest ownership filings
144
Notice of proposed sale of securities
16 Oct 24
4
Lee Alexander
15 Aug 24
4
Terrance Lillis
15 Aug 24
4
Robert G Leary
15 Aug 24
4
Tracy A Atkinson
15 Aug 24
4
EDWARD J KELLY III
15 Aug 24
4
WILLIAM P HANKOWSKY
15 Aug 24
4
Wendy A. Watson
15 Aug 24
4
MARITA ZURAITIS
15 Aug 24
4
Christine M Cumming
15 Aug 24
Financial summary
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Institutional ownership, Q2 2024
91.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 748 |
Opened positions | 121 |
Closed positions | 64 |
Increased positions | 279 |
Reduced positions | 242 |
13F shares | Current |
---|---|
Total value | 14.06 tn |
Total shares | 409.77 mm |
Total puts | 2.45 mm |
Total calls | 3.04 mm |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 55.36 mm | $1.99 tn |
Vanguard | 52.29 mm | $1.88 tn |
STT State Street | 24.21 mm | $872.33 bn |
IVZ Invesco | 22.08 mm | $795.63 bn |
Amundi | 17.99 mm | $648.50 bn |
Hotchkis & Wiley Capital Management | 14.61 mm | $526.48 bn |
Fuller & Thaler Asset Management | 12.17 mm | $438.65 bn |
MS Morgan Stanley | 11.46 mm | $412.92 bn |
Geode Capital Management | 10.78 mm | $387.42 bn |
FMR | 7.91 mm | $284.94 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Aug 24 | Cumming Christine M | Common Stock | Grant | Acquire A | No | No | 0 | 353.499 | 0.00 | 43,478.678 |
14 Aug 24 | Cummings Kevin | Common Stock | Grant | Acquire A | No | No | 0 | 142.358 | 0.00 | 465,884.582 |
14 Aug 24 | Christopher Swift | Common Stock | Grant | Acquire A | No | No | 0 | 185.887 | 0.00 | 17,938.047 |
14 Aug 24 | Michele N Siekerka | Common Stock | Grant | Acquire A | No | No | 0 | 142.358 | 0.00 | 58,359.295 |
14 Aug 24 | Kelly Edward J Iii | Common Stock | Grant | Acquire A | No | No | 0 | 318.01 | 0.00 | 30,687.976 |
News
US Banks Plan Sharp Cuts In Corporate Deposit Returns As Fed Lowers Interest Rates: Could Financial Stocks Take A Hit?
21 Oct 24
Peering Into Citizens Financial Group's Recent Short Interest
18 Oct 24
DA Davidson Maintains Buy on Citizens Financial Group, Raises Price Target to $48
17 Oct 24
Barclays Maintains Equal-Weight on Citizens Financial Group, Raises Price Target to $47
17 Oct 24
Expert Ratings For Citizens Financial Group
17 Oct 24
Press releases
Citizens Financial Group, Inc. Reports Third Quarter 2024 Net Income of $382 million and EPS of $0.77
16 Oct 24
Citizens Financial Group, Inc. Announces Date and Time Change for Second Quarter 2025 Results Conference Call
11 Oct 24
Citizens Bank, N.A. Announces Redemption of Senior Notes
4 Oct 24
Citizens Continues California Expansion with Addition of Two Bay Area Private Banking Offices and SoCal Private Banking Team
2 Oct 24
Citizens Financial Group Announces Third Quarter 2024 Earnings Conference Call Details
30 Sep 24