Multiple updates are notable on Citizens Financial Group (CFG) lately. Many major financial entities are increasing their holdings in CGF, and even amid stock volatility, investors weigh its valuation while BofA Securities and Morgan Stanley have both upgraded CFG's status. Wall Street has forecasted positive metrics for CFG's Q3 outlook, indicating anticipation of growth. The group has also seen substantial stock redemptions and an amendment to its charter, signaling a potential restructuring of its capital structure. CGF's stock price target was raised to $62 at UBS Groups, and it seems to be doing well as it set 12-month highs and even showed an 11% share price increase. CFG has announced dividends on their preferred stock, alongside steps for early redemption of their 4.3% subordinated notes. These actions could signal a shift in capital allocation strategy. Finally, key management changes in the group have been announced with Ted Swimmer named as the head of Commercial Banking, taking over in March 2026.
Citizens Financial Group CFG News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 11 Oct 2025 22:25:16 GMT -
Rating 5
- Innovation 8
- Information 8
- Rumor -4
