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Citizens Financial Group Value Stock - Dividend - Research Selection

Citizens financial group

ISIN: US1746101054 , WKN: A12BD3

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Description of the company

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers traditional banking products and services, including checking, savings, home loans, education loans, credit cards, business loans, and unsecured product finance and personal loans, as well as wealth management and investment services to retail customers and small businesses. This segment also provides indirect auto finance for new and used vehicles through auto dealerships. The Commercial Banking segment offers various financial products and solutions, such as loans, leases, trade financing, deposits, cash management, commercial cards, foreign exchange, interest rate risk management, corporate finance, and capital markets advisory capabilities. It serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries focusing on middle-market companies, large corporations, and institutions. Citizens Financial Group, Inc. operates approximately 1,150 branches in 11 states across the New England, Mid-Atlantic, and Midwest regions, as well as through online, telephone, and mobile banking platforms; and maintains approximately 130 retail and commercial non-branch offices located in its banking footprint and in other states, and the District of Columbia. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Citizens Financial Group, Inc. Announces Preliminary Stress Capital Buffer and $656 million Increase in Share Repurchase Authorization to $1.25 billion

2024-06-28
PROVIDENCE, R.I., June 28, 2024--Citizens Financial Group, Inc. (NYSE: CFG or the "Company") today announces the Board of Governors of the Federal Reserve System (the "Federal Reserve") has communicated to the Company its preliminary Stress Capital Buffer ("SCB") of 4.5%, effective October 1, 2024, following the release of the Federal Reserve’s DFAST stress test results on June 26, 2024.

RBC Capital Sticks to Their Buy Rating for Citizens Financial (CFG)

2024-06-28
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Citizens Financial to effect $1.25B share buybacks after reporting excess capital

2024-06-28
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Citizens Financial Reveals Stress Buffer and Boosts Buyback Program

2024-06-28
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Citizens Financial increases share repurchase program to $1.25B

2024-06-28
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Bank of America Analyst Highlights Fed Stress Test Opacity, Varying Bank Impacts: 'Goldman Sachs Worst Hit, Huntington Best'

2024-06-27
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Fed Stress Test 2024: Large Banks Face Greater Losses But Maintain Strong Capital Positions In Severe Recession Scenario (CORRECTED)

2024-06-27
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Big banks pass Fed stress test as they fight stricter capital rules

2024-06-26
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.

Citizens Builds on Growing Presence in California with Hiring of Middle Market Regional Executive

2024-06-26
PROVIDENCE, R.I., June 26, 2024--Further strengthening its growing presence in California, Citizens Financial Group, Inc. (NYSE: CFG) today announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.

Fed Stress Test 2024: Large Banks Face Greater Losses But Maintain Strong Capital Positions In Severe Recession Scenario

2024-06-26
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