There is a considerable level of
activity revolving around
Citizens Financial Group (CFG). The company has indicated strong
financial results, with Q4 2024 net income reported at $401 million and EPS at $0.83, somewhat counteracting the misses in previous quarters. Despite lowered holdings by Prudential Financial and Vanguard Group, other groups like
KLP Kapitalforvaltning and
Mizuho Securities USA have increased their stakes. Some analysts remain divided on CFG's future, with
Citigroup lowering its price target while CFG's stock continues to
outperform the average. Several
leadership transitions were also announced including executive committee appointments and a new General Counsel. There is also a strategic focus on expansion in markets like California and Florida. This has been coupled with optimistic moves, such as issuing $750 million in senior notes, though potential headwinds might arise from rising organisational costs.
Citizens Financial Group CFG News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Sat, 29 Mar 2025 08:42:38 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -2
