Citizens Financial Group, Inc. (NYSE: CFG) has witnessed significant financial activities according to various reports. The company has announced an
increase in common share repurchase authorization to $1.5 billion which it plans to implement through a
stock buyback program. This move has triggered several investment firms to adjust their holdings in CFG. For instance,
Simplicity Wealth LLC and
Handelsbanken Fonder AB significantly increased their stakes, while companies like
SG Americas Securities LLC and
Olstein Capital Management L.P. reduced their shares. Other organizations such as
Integrated Advisors Network LLC and
Assenagon Asset Management S.A. also hold substantial CFG stocks. In addition,
Citizens has reported a Q4 2024 net income of $401 million and a
Q1 2025 net income of $373 million. The financial institution is also gaining traction as one of the leading investment prospects, having broadened its partnerships to include
Mastercard for the launch of a new suite of credit cards. Additionally, there is movement towards organizational restructuring with appointments being made to the
Enterprise Strategy and
Executive Committee.
Citizens Financial Group CFG News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 17:15:40 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 3
