M&T Bank Corp maintains a $1.03 Million stock position in
Citizens Financial Group. Despite an
EPS miss in the Q1 2024 earnings, the company's stock has shown positive movements, albeit underperforming the overall market. The company also declared
dividends on their preferred stock. Forecasts from
Zacks Research indicate expected FY2026 earnings of $4.27 per share. Investment actions include Amalgamated Bank selling 5408 shares, Atria Wealth Solutions Inc. taking a $204,000 position, and Cary Street Partners Investment Advisory LLC maintaining a $4.47 Million stock position. Amidst such movements, various actors suggest that Citizens Financial Group may be undervalued. The company plans to participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 and announced details for their Q1 2024 earnings conference call. However, signs of market challenges are recognizable, with disclosures of mixed results and rising provisions. The group recently received an upgrade despite regional-banking sector woes. The company is expected to pay a dividend of $0.42, and several indices highlight it as a great dividend stock. The CEO's compensation package may be subjected to scrutiny, while the company reveals plans to enhance private credit and fortify balance sheet.
Citizens Financial Group CFG News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 16:57:07 GMT -
Rating 5
- Innovation 3
- Information 10
- Rumor -2
