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.
Citizens Financial Group, Inc. (CFG) reported a solid performance for Q4 2022, with an underlying net income of
Citizens’ 2023 M&A Outlook indicates a positive sentiment among U.S. middle-market companies and private equity firms, signaling a return to pre-pandemic merger and acquisition trends. The survey of 400 leaders reveals that over 80% anticipate stable or improved company valuations in 2023. Despite economic headwinds like inflation and rising rates, 84% of firms have successfully passed cost increases to customers. M&A is seen as the primary growth driver, with 62% of buyers motivated by growth. Additionally, 40% of companies are currently considering selling, reflecting a robust market environment.
Citizens Financial Group, Inc. (NYSE: CFG) has raised its prime lending rate to 7.50 percent from 7.00 percent, effective December 15, 2022. This decision reflects adjustments in response to economic conditions and market demands. As of September 30, 2022, Citizens Financial Group reported $224.7 billion in assets, marking it as one of the largest financial institutions in the U.S. Citizens Bank offers a range of services, including retail and commercial banking across 14 states and the District of Columbia.
Citizens Financial Group, Inc. (NYSE: CFG) is set to announce its fourth quarter and full year 2022 earnings on January 17, 2023. The earnings release and supplementary materials will be accessible on their investor relations site. A live conference call will occur at 9:00 am ET on the same day, allowing investors to engage via dial-in or webcast. A replay will be available until February 17, 2023.
Citizens Financial Group, with assets amounting to $224.7 billion as of September 30, 2022, provides diverse banking services across the U.S.
Citizens Financial Group, Inc. (NYSE: CFG) has been awarded the title of Bank of the Year 2022 for the U.S. by The Banker, a publication of The Financial Times. This distinction recognizes the bank's successful growth strategy post-2014 IPO, including acquisitions of HSBC’s East Coast branches and Investors Bancorp. CEO Bruce Van Saun emphasized the bank's commitment to enhancing customer experiences through innovative technology, which has bolstered its reputation and customer trust.
Citizens Financial Group (NYSE: CFG) announced dividends for its preferred stock. On January 6, 2023, shareholders will receive: a semi-annual cash dividend of $30.00 on 6.000% Series B; a quarterly dividend of $15.9375 on 6.375% Series C; $15.875 on 6.350% Series D; $12.50 on 5.000% Series E; $14.125 on 5.650% Series F; and $10.00 on 4.000% Series G. Shareholders' record date is December 22, 2022. Citizens holds $224.7 billion in assets as of September 30, 2022.
Citizens Financial Group has released its inaugural Climate Report, aligning with TCFD recommendations. The report details the bank's approach to managing climate risks and opportunities. Citizens aims to cut its Scope 1 and 2 greenhouse gas emissions by 30% by 2025 and 50% by 2035, based on 2016 levels. A virtual power purchase agreement supports renewable energy, furthering its commitment to sustainability.
Citizens Financial Group, Inc. (NYSE: CFG) announced that Chairman and CEO Bruce Van Saun will speak at the Goldman Sachs U.S. Financial Services Conference on December 6, 2022, at 8:40 am ET. The event will be available for live webcast on Citizens' investor relations website. As of September 30, 2022, Citizens Financial Group holds $224.7 billion in assets, making it one of the largest financial institutions in the U.S. It offers a comprehensive range of banking services and products for both personal and commercial needs.
