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Citizens Financial Group CFG - News Analyzed: 6,691 - Today: 100 - Last Week: 100 - Last Month: 500

↝ Citizens Financial Group (CFG): Earnings, Investment Fluctuations and Strategic Changes

Citizens Financial Group (CFG): Earnings, Investment Fluctuations and Strategic Changes
Citizens Financial Group (CFG) has been experiencing varying performance according to different investment firms. New stakes were purchased by firms including Lecap Asset Management and Center for Asset Management. Other firms, such as Achmea Investment Management B.V., and AEGON ASSET MANAGEMENT UK Plc, also increased their shares. However, Salzhauer Michael and Patton Fund Management Inc. reduced their holdings. Some investors increased their positions like MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH and NorthCrest Asset Management LLC. The firm's Q1 2025 report reveals a net income of $373 million and EPS of $0.77. Yet, some reports suggest CFG is underperforming in the financial sector. Strong opinions forecast both selling and buying; reasons to buy highlight medium-term NIM expansion and strong dividends. CFG has increased its common share repurchase authorization to $1.5 billion. Strategic changes include appointment of Azra Pravdic as Head of Enterprise Strategy and redemption of some subordinated notes and 4.35% notes due August 2025. A new partnership with Cognizant to open a Global Capability Center in Hyderabad has also been announced.

Citizens Financial Group CFG News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 28 Jun 2025 22:20:51 GMT - Rating 0 - Innovation 1 - Information 6 - Rumor -1

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