Welcome to our dedicated page for Citizens Finl Group news (Ticker: CFG), a resource for investors and traders seeking the latest updates and insights on Citizens Finl Group stock.
Citizens Financial Group Inc (CFG) provides consumer and commercial banking services through its nationwide network, serving individuals and institutions since 1828. This page aggregates official press releases, regulatory disclosures, and material developments for stakeholders tracking the company’s financial strategy and market position.
Investors and analysts will find timely updates on quarterly earnings, dividend announcements, and leadership changes. Media professionals can access verified information on CFG’s commercial banking innovations, regulatory compliance updates, and community initiatives. All content is sourced directly from company filings and authorized communications.
The repository includes:
• Earnings reports and investor presentations
• Regulatory filings (SEC submissions, compliance updates)
• Strategic initiatives including digital banking enhancements
• Leadership appointments and governance changes
Bookmark this page for streamlined access to Citizens Financial Group’s latest developments. For historical context, review our company profile detailing CFG’s banking segments and market presence.
CFG Investment S.A.C. has announced the expiration and final results of its offers to redeem its Variable Rate Senior Secured Notes and purchase its 10.00% Second Lien Notes, with a total maximum payment amount increased to
Citizens Financial Group, Inc. (NYSE: CFG) will appoint Richard Stein as Chief Risk Officer following the retirement of Malcolm Griggs in early 2024. Stein joins from Fifth Third Bancorp, where he served as Chief Credit Officer, managing enterprise-wide credit risk. He brings over 25 years of experience, having held senior risk management positions at Comerica and Bank of America. Griggs, a 34-year banking veteran, has significantly contributed to Citizens since 2014, leading risk management efforts that supported the bank's growth. CEO Bruce Van Saun expressed confidence in Stein’s abilities to enhance risk leadership, ensuring continued success in risk management and performance improvement.
Citizens Financial Group has announced that 150 nonprofit organizations will receive support through its Citizens Helping Citizens Manage Money program. A total of
New research from Citizens and Wakefield reveals that 78% of Americans will experience a major life milestone in the next decade, with many feeling financial stress greater than emotional stress. Key milestones include weddings (18%) and home purchases (15%). A significant 60% of surveyed individuals seek financial flexibility for better experiences. Among Gen Z, 42% plan to move into new apartments and 11% are getting married. Over 90% plan to make large purchases in the next year, with installment financing gaining traction as an effective solution to manage costs. Citizens Pay aims to assist consumers in achieving their financial goals.
The Citizens Charitable Foundation announced a $1.25 million grant to the
Citizens Financial Group (NYSE: CFG) will announce its Q1 2023 earnings on April 19, 2023. A live conference call will be held at 9:00 am ET on the same day, accessible via 877-336-4440 with conference ID 6086305. The call will also be available through a webcast at the investor relations website. A replay option will be offered post-call until May 19, 2023. As of December 31, 2022, Citizens Financial reported $226.7 billion in assets, providing a wide range of banking services across retail and commercial sectors.
Citizens Financial Group, Inc. (NYSE: CFG) announced an increase in its prime lending rate from 7.75% to 8.00%, effective March 23, 2023. This change reflects ongoing adjustments in the financial sector and may impact borrowing costs for consumers and businesses alike. Citizens Financial Group, one of the largest financial institutions in the U.S. with $226.7 billion in assets as of December 31, 2022, offers comprehensive banking products and services across retail and commercial sectors. The decision to raise rates signals a strategic response to market conditions and evolving economic factors.
Citizens Financial Group has noted a surge in interest from potential customers amid recent market turmoil. To cater to this demand, the bank will extend branch hours starting March 14, ensuring staff are available to assist with inquiries and account openings. The company, headquartered in Providence, Rhode Island, has $226.7 billion in assets as of December 31, 2022, and serves a diverse clientele including retail, small businesses, and corporate clients. Citizens aims to provide tailored financial advice and solutions through its extensive branch and ATM network.
Citizens Financial Group (NYSE: CFG) announced dividends on its preferred stock, payable on April 6, 2023, to shareholders of record as of March 22, 2023. The dividend amounts are as follows:
- $15.9375 per share for Series C (6.375%)
- $15.875 per share for Series D (6.350%)
- $12.50 per share for Series E (5.000%)
- $14.125 per share for Series F (5.650%)
- $10.00 per share for Series G (4.000%)
With $226.7 billion in assets as of December 31, 2022, Citizens continues to offer a diverse range of banking products and services.
Citizens Financial Group, Inc. (NYSE: CFG) has announced a significant increase in its share repurchase program, adding $1.15 billion in capacity. This is in addition to the remaining $850 million from the previous authorization, with plans to utilize $400 million in Q1 2023. The company aims for a total payout ratio nearing 100% for 2023, reflecting its strong capital levels and commitment to shareholder returns. The share repurchases may be executed through various methods, and future distributions will depend on capital position and market conditions.
