Citizens Financial Group (CFG) has been a topic of interest in the marketplace recently with mixed performance -- it underperformed on certain days when compared to competitors, but also outperformed on other occasions. Originally given an
Equal Weight Rating by
Morgan Stanley, CFH recently received an upgrade amid regional-banking sector woes, showing promising resilience. Significant movement was observed in the illiquid market with a large number of call options placed on CFG, and substantial selling and buying volumes reported by various firms including
Northern Trust Corp and
Black Maple Capital Management LP. The company announced an important executive management change, with CFO transition and the appointment of a new leader in their Wealth Business. Reports on their Q1 2024 earnings were mixed and the company announced changes in its conference call schedule. CFG is working on expanding its Wealth Management Offering, but also reported a dip in profit due to weaker interest income.
Citizens Financial is also exploring a private credit partnership and has announced dividends. However, it received a
HOLD recommendation on average from brokerages.
Citizens Financial Group CFG News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sat, 15 Jun 2024 01:56:53 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor 3
