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 has announced a $300,000 grant to support veteran-owned small businesses in the Bronx, in partnership with the Military Warriors Support Foundation through the Hope4Heroes program. The funding will assist businesses with storefront renovations, technology upgrades, technical training, and a year of financial mentorship. The first recipient, Marisa Estrella, founder of Worldwide Veterans and Family Services, received a new 2023 Ford Transit Cargo Van as part of the initiative. Applications remain open for other eligible veterans.
Citizens Financial Group, Inc. (NYSE: CFG) has increased its prime lending rate from 6.25% to 7.00%, effective November 3, 2022. This change comes as the financial institution continues to cater to its diverse client base, offering a wide range of banking products and services. As of September 30, 2022, Citizens Financial Group boasted assets totaling $224.7 billion, demonstrating its significant presence in the industry.
The Citizens Business Conditions Index™ (CBCI) climbed to 56.1 in Q3, indicating sustained growth despite inflation challenges. Job strength played a pivotal role, with the employment market remaining robust despite high inflation and rising interest rates from the
Citizens Financial Group, Inc. (CFG) has priced $600 million of 6.064% fixed/floating rate senior notes due 2025. The net proceeds will be utilized for general corporate purposes. The offering is set to close on October 25, 2022, pending standard closing conditions. The notes will be part of CBNA's $10 billion Global Bank Note Program, not insured by the FDIC. Investors must be accredited, holding at least $250,000 in the notes. CFG reported assets of $224.7 billion as of September 30, 2022, providing a range of banking products across the U.S.
Citizens Financial Group, Inc. (NYSE: CFG) announced that Vice Chairman and CFO John Woods will speak at the BancAnalysts Association of Boston Conference on Thursday, November 3, 2022, at 1:30 pm ET. The event will be available through a live webcast on Citizens' investor relations website.
Citizens Financial Group, one of the largest financial institutions in the U.S., reported assets totaling $224.7 billion as of September 30, 2022. The bank offers a range of retail and commercial banking services across 14 states and the District of Columbia.
Citizens Financial Group, Inc. (NYSE: CFG) reported a strong third quarter 2022, posting underlying net income of
Citizens has launched a Carbon Offset Deposit Account, allowing corporate clients to acquire carbon offsets via deposit credits. This initiative supports businesses in their transition to a lower carbon economy and complements their existing Green Deposits offering. The program ensures that all carbon offsets are verified and sourced from high-quality projects. Furthermore, complimentary carbon emissions estimates are available to help clients assess their emissions and identify reduction strategies. Citizens underscores its commitment to sustainability and responsible citizenship in its operations.
Citizens has launched CitizensPlus, a new benefits package for account holders, enhancing customer value across banking services. The offering includes credit card rewards, lending discounts, and up to
Citizens Financial Group, Inc. (NYSE: CFG) announced an increase in its prime lending rate from 5.50% to 6.25%, effective September 22, 2022. This adjustment reflects the institution's response to changing economic conditions. Citizens Bank, N.A., part of Citizens Financial Group, continues to serve a diverse clientele, encompassing individuals and businesses through a comprehensive range of banking products and services. As of June 30, 2022, the company reported total assets of $226.7 billion.
Citizens has entered into a power purchase agreement with Ørsted to support the construction of the Sunflower Wind Project, aimed at matching 100% of its power consumption with renewable energy credits. This 200-MW facility in Marion County, Kansas is expected to power approximately 96,000 homes annually. Citizens will acquire 25.8 MW from this project, which is anticipated to create at least 200 jobs during construction and generate significant property tax revenue without increasing local infrastructure demands.
