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Citizens Finl Group Inc - CFG STOCK NEWS

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.

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Citizens Financial Group, Inc. (NYSE: CFG) announced that Vice Chairman and Head of Commercial Banking, Don McCree, will speak at the RBC Capital Markets Financial Institutions Conference on March 7, 2023, at 11:20 am ET. The conference will be accessible via a live webcast on the company's investor relations page. Citizens Financial, headquartered in Providence, Rhode Island, boasts assets of $226.7 billion as of December 31, 2022. The institution provides a wide range of banking services across 14 states and the District of Columbia, including consumer and commercial banking products.

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Citizens Financial Group, Inc. (NYSE: CFG) announced a raise in its prime lending rate from 7.50% to 7.75%, effective February 2, 2023. This decision reflects the current economic landscape and interest rate adjustments in the financial sector. As of December 31, 2022, the company held $226.7 billion in assets, positioning it among the largest financial institutions in the U.S. Citizens offers a wide array of banking products and services via approximately 1,100 branches and 3,400 ATMs across 14 states and the District of Columbia.

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Citizens Bank has announced the redemption of all outstanding notes totaling $750 million on February 27, 2023. This includes $500 million of 3.70% Senior Notes and $250 million of Floating Rate Senior Notes, both due on March 29, 2023. The redemption will be at 100% of the principal amount plus accrued interest. Following the redemption date, the notes will cease to accrue interest and will no longer be outstanding. Citizens Bank is a significant financial institution with $226.7 billion in assets as of December 31, 2022, and provides a wide range of banking solutions across the United States.

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Citizens Financial Group has introduced a new feature, Zelle, for eligible small business customers within its mobile banking app. This addition allows small businesses to send and receive payments quickly, improving cash flow by eliminating delays associated with traditional checks.

Payments are made directly to their Citizens Business Checking account, often within minutes. The initiative reflects Citizens' commitment to enhancing the banking experience for small businesses and improving their financial management.

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Citizens has become the first official title sponsor of the House of Blues Boston, marking the fifth venue under its Citizens Live portfolio. This partnership emphasizes Citizens' commitment to supporting live entertainment in Boston. The venue sponsorship will enhance collaboration with the Music Forward Foundation, which promotes music education for underserved youth. Citizens Live benefits include early ticket access for customers at multiple venues. With $226.7 billion in assets as of December 31, 2022, Citizens is a significant player in the financial sector, offering various banking services to individuals and businesses.

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Citizens Financial Group (NYSE: CFG) announced the schedule for its 2024 quarterly financial results and conference calls. Key dates include:

  • First Quarter: April 17, 2024, at 9 am ET
  • Second Quarter: July 17, 2024, at 9 am ET
  • Third Quarter: October 16, 2024, at 9 am ET
  • Fourth Quarter: January 17, 2025, at 9 am ET

Details on dial-in information will be shared later, while news releases and supporting materials will be accessible on their investor relations website. Citizens Financial Group is a leading financial institution, boasting $226.7 billion in assets as of December 31, 2022.

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Citizens has launched its annual Small Business Community Champion Award Contest, now in its sixth year, recognizing the contributions of small businesses. The contest offers a total of $300,000 to 30 small businesses, including ten minority-owned and ten women-owned. Applications are accepted until February 7, 2023. Citizens has previously awarded nearly one million dollars to help 82 small businesses enhance their operations and community support. Eligible for-profit small businesses must have up to $3M in annual revenue and at least five employees.

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Citizens Financial Group reported a drop in its national Citizens Business Conditions Index™ (CBCI) to 48.5 for Q4, ending eight quarters of growth. This decline reflects the impact of Federal Reserve rate hikes as inflation eased for the first time in 2022.

Despite moderated business activity, consumer spending in travel and recreation remained strong. The index components were mixed, with commercial banking clients showing positive conditions, while rising jobless claims and softening new business applications weighed on overall performance. The labor market's stability is emphasized, with an unemployment rate of 3.5%. The report indicates a cautious outlook amid recession signals from the bond market.

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Citizens Financial Group, Inc. (NYSE: CFG) will be represented by Chairman and CEO Bruce Van Saun at the Bank of America Financial Services Conference on February 14, 2023, at 2:30 pm ET. The conference provides a platform for discussing financial services trends and company updates.

The event will be accessible via a live webcast at investor.citizensbank.com. Citizens, headquartered in Providence, Rhode Island, reported $226.7 billion in assets as of December 31, 2022, and offers a comprehensive range of banking services.

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Citizens Finl Group Inc

NYSE:CFG

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CFG Stock Data

16.78B
434.38M
0.66%
97.59%
2.26%
Banks - Regional
State Commercial Banks
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United States
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