Citizens Financial Group (CFG) has been in the spotlight with multiple notable developments, strategic moves, and financial outcomes. The bank declared dividends on preferred stock and presented an outlook balanced by mixed technical scenarios and dividend optimism. Situated in Rhode Island, CFG manages a $17.49 million position within its network. The company's stocks performed robustly in June, boosted by the Q2 2025 earnings call highlights. Several institutions acted on their positions, with the Bank of Nova Scotia selling significant CFG shares, others like DA Davidson, ABC Arbitrage, and JPMorgan Chase increased their exposure. Developer Federated Hermes Inc. sold a significant amount of CFG stock, while Banque Cantonale Vaudoise and Allianz SE invested in substantial positions. There was a leadership shake-up with an expansion plan in place. Analysts' consensus suggests a 'Moderate Buy' recommendation. The institution has announced plans to up its common share repurchase authorization to $1.5 billion. Wallet watchers will be keen to track the ex-dividend date on July 31, 2025. Amid these events, however, the bank's shares fell 1.46% after-hours following an earnings report. Despite some setbacks, the resilience of CFG is reflected in the Q1 2025 earnings beating estimates and forecasts of strong price appreciation.
Citizens Financial Group CFG News Analytics from Sat, 07 Dec 2024 08:00:00 GMT to Fri, 08 Aug 2025 11:38:21 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 4
