The **Citizens Financial Group (CFG)**, a key player in banking and financial services, continues to make significant business moves. The firm has announced a **Prime Rate Change** and paid **dividends** on preferred stock. Its stocks have generally outperformed its competitors, hitting a 52-week high of **$45.1**. However, there have been instances where the CFG stock slipped. The group reported Q3 2024 Net income of $382 million and EPS of $0.77. Favorable mentions by renowned personalities like **Jim Cramer** indicate a positive investor sentiment that could bode well for the company. Despite mixed results and not hitting all projections, CFG continues to navigate via strategic moves. They plan to expand, adding two offices in **Southern California**. However, there are indicators like revenue falling short of estimates and a forecast decline in earnings that investors should be aware of. Other highlights include the appointment of **Claude E. Wade** to the board of Directors, $10 million commitment to workforce development, and the forthcoming earnings conference call for 2026 quarterly financial results.
Citizens Financial Group CFG News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Sat, 09 Nov 2024 11:32:34 GMT -
Rating 0
- Innovation 6
- Information 8
- Rumor -2
