Citizens Financial GroupCFG Market cap $17.9B
About: Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,100 branches in 14 states, although it is concentrated in the Northeast. It has over $220 billion of total assets. It generates maximum revenue from Consumer Banking Segment.
Employees: 17,570
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
77% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 60
29% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 9 (+2) [Q2]
12% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 251
7.76% more ownership
Funds ownership: 82.36% [Q1] → 90.13% (+7.76%) [Q2]
7% more funds holding
Funds holding: 698 [Q1] → 744 (+46) [Q2]
1% less call options, than puts
Call options by funds: $140M | Put options by funds: $141M
6% less capital invested
Capital invested by funds: $15.7B [Q1] → $14.8B (-$964M) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Evercore ISI Group John Pancari 69% 1-year accuracy 11 / 16 met price target | 15%upside $46 | In-Line Maintained | 2 Oct 2024 |
Keefe, Bruyette & Woods David Konrad 70% 1-year accuracy 14 / 20 met price target | 15%upside $46 | Market Perform Maintained | 30 Sept 2024 |
Morgan Stanley Betsy Graseck 45% 1-year accuracy 22 / 49 met price target | 25%upside $50 | Equal-Weight Maintained | 5 Aug 2024 |
Piper Sandler Scott Siefers 78% 1-year accuracy 7 / 9 met price target | 20%upside $48 | Overweight Maintained | 26 Jul 2024 |
Stephens & Co. Terry McEvoy 76% 1-year accuracy 16 / 21 met price target | 5%upside $42 | Overweight Maintained | 19 Jul 2024 |
Financial journalist opinion
Based on 13 articles about CFG published over the past 30 days