Citizens Financial Group (CFG) announced details regarding their first quarter 2025 earnings conference call. Farther Finance Advisors LLC currently holds a $198,000 position in CFG, and future analysts' expectations for CFG continue to be positive. Truist adjusts the price target on CFG from $54 to $51 while maintaining their hold rating. CFG declares dividends on preferred stock, strengthens its leadership with a new General Counsel and Head of Consumer Banking, and it's reportedly one of the best bank stocks to invest in for the long term. CFG's fourth quarter net income for 2024 was $401 million with an EPS of $0.83. Several investment firms, including Great Lakes Advisors LLC, Algebris UK Ltd, and Arvest Investments Inc., significantly increased their holdings in CFG. The company also announced changes to its bank branch network, promising several improvements. Following optimistic reports on CFG's capital markets success and Q4 2024 earnings, the price target on CFG was raised to $58 from $50 at Citi. Despite increased costs potentially affecting CFG's Q4 earnings, the net interest income is expected to aid. Highlighting its resilience, CFG cleared a technical benchmark, hitting a 90-plus RS rating.
Citizens Financial Group CFG News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Sat, 22 Mar 2025 16:18:15 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
