
Citizens Bank's stock symbol is CFG, which stands for Citizens Financial Group. This is the same symbol you'll see on stock market screens and financial websites.
CFG is a publicly traded company, listed on the New York Stock Exchange (NYSE). This means that anyone can buy or sell shares of Citizens Bank stock.
As a publicly traded company, Citizens Bank is required to disclose its financial information to the public. This includes quarterly earnings reports, annual financial statements, and other key metrics that investors use to evaluate the company's performance.
Citizens Bank's stock has experienced fluctuations over the years, influenced by various market and economic factors.
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Financial Performance
Citizens Financial Group's revenue decreased by 0.13% in 2023 to $7.54 billion, compared to the previous year's $7.55 billion.
The company's earnings also took a hit, plummeting by 23.93% to $1.49 billion in 2023.
Here's a breakdown of Citizens Financial Group's key financial metrics:
Note that the revenue decrease in 2023 was a minor drop, but the earnings decline was more significant, highlighting the company's financial performance during that year.
Price History & Performance
Citizens Financial Group's share price has been on a roll, reaching a 52-week high of US$49.25. This is a significant increase from its 52-week low of US$30.24.
The company's beta is 1.34, indicating that its stock price is more volatile than the overall market. This means that if the market goes up or down, Citizens Financial Group's stock price is likely to move more significantly.
In the past year, the stock price has risen by 48.38%, a remarkable growth. However, over the past three years, the stock price has actually decreased by 13.39%.
Here's a summary of the key price history and performance metrics for Citizens Financial Group:
USD Estimates
Citizens Financial Group's revenue is estimated to reach $8,159 USD in 2025, $8,820 USD in 2026, and $9,363 USD in 2027.
The company's dividend yield is expected to increase from 3.79% in 2025 to 4.11% in 2027. This means that investors can expect a higher return on their investment as the company grows.
The earnings per share (EPS) is projected to be $3.83 in 2025, $4.90 in 2026, and $6.70 in 2027. This represents a significant increase in profitability over the next few years.
Here's a breakdown of the estimated revenue and EPS for the next few years:
Note that these estimates are based on the average projections of 19 analysts surveyed in 2025.
Analyst Insights
Citizens Bank stock has received a lot of attention from analysts. Analysts have been weighing in on the stock, with some maintaining a "Buy" rating while others have maintained a "Hold" rating.
The average rating from 17 analysts is "Buy". This suggests that a majority of analysts are optimistic about the stock's future performance.
One analyst, Keefe, Bruyette & Woods, Inc., has maintained a "Buy" rating since November 28, 2023, with a price target of $2300. This suggests that the analyst believes the stock has significant upside potential.
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Another analyst, Piper Sandler, has maintained a "Hold" rating since July 26, 2024, with a price target of $2150. This suggests that the analyst believes the stock is fairly valued and may not offer significant upside potential.
The price target range for Citizens Bank stock is quite wide, with some analysts predicting a price of $47.35 (an increase of 0.57% from the latest price) and others predicting a price of $2300.
Here are some key analyst ratings and price targets:
Citizens Bank stock is expected to release its fourth-quarter earnings results before the opening bell on Friday, January 17, 2025. This could be a significant event for the stock, as it may provide insight into the company's financial performance and future prospects.
Dividend Information
Citizens Financial Group Inc has a history of paying consistent dividends, with a record of paying dividends since at least 2013.
The company's dividend yield has fluctuated over the years, with a high of 5.07% in 2023 and a low of 1.29% in 2016.
In 2023, Citizens Financial Group Inc paid a dividend of $1.68 per share, representing a yield of 5.07%.
First Citizens Bancshares Inc North CarolinaShs -A- has also paid consistent dividends, with a record of paying dividends since at least 2010.
The company's dividend yield has been relatively stable, ranging from 0.27% in 2023 to 0.73% in 2012.
Here is a comparison of the dividend yields for Citizens Financial Group Inc and First Citizens Bancshares Inc North CarolinaShs -A-:
Competitive Landscape
Citizens Bank is a publicly traded company listed on the NYSE under the ticker symbol CB. The bank has a market capitalization of around $22 billion, making it a mid-sized bank in the US.
The competitive landscape in the banking industry is highly fragmented, with many regional and national banks competing for market share. Citizens Bank is one of the top 15 largest banks in the US.
One of the key players in the US banking industry is Bank of America, which has a market capitalization of over $300 billion. JPMorgan Chase is another major player, with a market capitalization of over $400 billion.
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Citizens Bank operates in 11 states in the US and has a strong presence in the New England region. The bank has a large network of over 1,000 branches and 3,000 ATMs across the country.
The bank's business model is focused on providing a range of financial services, including consumer and commercial banking, wealth management, and payment services. Citizens Bank has a strong brand reputation and is known for its customer-centric approach.
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Market Trends
Citizens Financial Group CEO Bruce Van Saun has discussed recent banking trends, highlighting the state of the commercial real estate market.
According to Van Saun, the commercial real estate market is a key area of focus, and he has no imminent plans to make significant changes.
Van Saun has also commented on banking trends, but specific details are scarce.
The CEO's statements on banking trends and the commercial real estate market provide insight into the current state of the industry.
Van Saun's comments suggest a cautious approach to making changes in the commercial real estate market.
He has not provided a clear timeline for potential changes in the market.
The lack of specific details from Van Saun's comments makes it difficult to predict future market trends.
Van Saun's statements are a valuable resource for investors looking to stay informed about the commercial real estate market.
Recent Trades
PayPal and Cisco Systems were among the stocks mentioned in the Investment Committee's top picks for the second half of the year.
The Investment Committee highlighted PayPal as one of their top stocks to watch, along with Citizens Financial and Cisco Systems.
Citizens Financial was also mentioned as one of the top stocks to watch by the Investment Committee, which suggests it's a stock worth keeping an eye on.
The IYR, an index that tracks the real estate sector, was also mentioned as one of the top stocks to watch by the Investment Committee.
The Investment Committee's top picks for the second half of the year included a mix of stocks from various sectors, including technology and finance.
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Frequently Asked Questions
Is Citizens Bank a good stock?
Citizens Financial Group stock has a consensus rating of "Buy" based on analyst opinions, indicating a positive outlook. However, it's essential to do your own research before making any investment decisions.
What is the stock symbol for Citizens State bank?
The stock symbol for Citizens Financial Group is CFG. This symbol is used to identify the company's shares on various stock exchanges.
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