Citizens Financial Group, Inc. (NYSE:CFG – Free Report) – Investment analysts at Zacks Research boosted their FY2025 EPS estimates for shares of Citizens Financial Group in a research note issued to investors on Wednesday, May 7th. Zacks Research analyst R. Department now expects that the bank will earn $3.69 per share for the year, up from their previous estimate of $3.67. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Citizens Financial Group’s Q3 2026 earnings at $1.19 EPS, Q4 2026 earnings at $1.31 EPS, FY2026 earnings at $4.64 EPS and FY2027 earnings at $6.35 EPS.
Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The bank reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.94 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%.
Get Our Latest Analysis on Citizens Financial Group
Citizens Financial Group Trading Up 0.8%
CFG stock opened at $41.94 on Monday. Citizens Financial Group has a twelve month low of $32.60 and a twelve month high of $49.25. The stock has a market capitalization of $18.33 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 0.81 and a beta of 0.74. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. The firm’s fifty day simple moving average is $38.41 and its two-hundred day simple moving average is $43.16.
Institutional Investors Weigh In On Citizens Financial Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Great Valley Advisor Group Inc. increased its position in Citizens Financial Group by 0.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 39,766 shares of the bank’s stock worth $1,740,000 after purchasing an additional 224 shares during the last quarter. My Legacy Advisors LLC boosted its position in shares of Citizens Financial Group by 1.0% in the fourth quarter. My Legacy Advisors LLC now owns 22,810 shares of the bank’s stock worth $1,074,000 after buying an additional 229 shares during the period. Brooklyn Investment Group boosted its holdings in Citizens Financial Group by 3.3% in the 4th quarter. Brooklyn Investment Group now owns 7,304 shares of the bank’s stock worth $320,000 after acquiring an additional 233 shares during the period. 1620 Investment Advisors Inc. grew its holdings in Citizens Financial Group by 3.2% during the 4th quarter. 1620 Investment Advisors Inc. now owns 7,713 shares of the bank’s stock valued at $338,000 after purchasing an additional 238 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its position in shares of Citizens Financial Group by 0.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 28,726 shares of the bank’s stock worth $1,257,000 after acquiring an additional 246 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors and hedge funds.
Citizens Financial Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Wednesday, April 30th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 4.01%. The ex-dividend date is Wednesday, April 30th. Citizens Financial Group’s payout ratio is 53.33%.
Citizens Financial Group Company Profile
Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.
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