TD Waterhouse Canada Inc. Buys 691,890 Shares of Citizens Financial Group, Inc. $CFG

TD Waterhouse Canada Inc. increased its stake in Citizens Financial Group, Inc. (NYSE:CFG) by 2,060.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 725,463 shares of the bank’s stock after purchasing an additional 691,890 shares during the quarter. TD Waterhouse Canada Inc. owned approximately 0.17% of Citizens Financial Group worth $46,256,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Cookson Peirce & Co. Inc. lifted its stake in Citizens Financial Group by 0.3% in the second quarter. Cookson Peirce & Co. Inc. now owns 56,309 shares of the bank’s stock valued at $3,946,000 after purchasing an additional 174 shares during the last quarter. Trustmark Bank Trust Department lifted its position in shares of Citizens Financial Group by 4.9% during the 2nd quarter. Trustmark Bank Trust Department now owns 4,278 shares of the bank’s stock valued at $300,000 after buying an additional 198 shares during the last quarter. GoalVest Advisory LLC lifted its position in shares of Citizens Financial Group by 29.9% during the 3rd quarter. GoalVest Advisory LLC now owns 883 shares of the bank’s stock valued at $56,000 after buying an additional 203 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Citizens Financial Group by 0.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 64,323 shares of the bank’s stock worth $3,757,000 after acquiring an additional 220 shares during the period. Finally, Legacy Wealth Managment LLC ID grew its stake in shares of Citizens Financial Group by 12.8% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,080 shares of the bank’s stock worth $125,000 after acquiring an additional 236 shares during the period. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Trending Headlines about Citizens Financial Group

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

Citizens Financial Group Stock Performance

Shares of Citizens Financial Group stock traded down $0.04 during trading hours on Friday, reaching $63.39. The company had a trading volume of 9,449,449 shares, compared to its average volume of 4,404,958. The firm has a market cap of $26.70 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 0.58 and a beta of 0.72. Citizens Financial Group, Inc. has a one year low of $48.31 and a one year high of $75.33. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85. The business has a fifty day simple moving average of $68.03 and a 200 day simple moving average of $67.04.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings data on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.02. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%. During the same period in the previous year, the company posted $1.05 EPS. On average, analysts anticipate that Citizens Financial Group, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Citizens Financial Group news, CEO Bruce Van Saun sold 129,369 shares of Citizens Financial Group stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the completion of the transaction, the chief executive officer owned 1,140,763 shares of the company’s stock, valued at $82,214,789.41. The trade was a 10.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CFG shares. Evercore reissued an “outperform” rating and issued a $78.00 price objective on shares of Citizens Financial Group in a report on Thursday, October 1st. TD Cowen began coverage on shares of Citizens Financial Group in a report on Thursday, October 8th. They set a “buy” rating and a $75.00 price objective on the stock. Argus set a $80.00 target price on shares of Citizens Financial Group in a research report on Wednesday, July 29th. Barclays lifted their target price on shares of Citizens Financial Group from $77.00 to $81.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, UBS Group lowered their price target on shares of Citizens Financial Group from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $79.08.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.