citizens bank is one of the oldest and largest financial services firms in the united states. headquartered in providence, rhode island, where its roots date back to 1828, citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. with award-winning mobile apps, robust online offerings, a 24/7 customer contact center, the convenience of approximately 3,200 atms and 1,200 branches in 11 states, citizens is helping retail customers bank better every day. citizens’ mortgage lending, auto lending, student lending and commercial banking businesses operate in select additional markets. citizens commercial banking offers its corporate, not-for-profit and institutional clients a broad range of wholesale banking products and services including treasury services, specialty finance, foreign exchange, capital markets and debt syndication. when you join citizens bank, you’ll find a customer-cent
Company profile
Ticker
CFG, CFG+D, CFG+E
Exchange
Website
CEO
Bruce Winfield Van Saun
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CITIZENS FINANCIAL GROUP INC/DE
SEC CIK
Corporate docs
Subsidiaries
1215 Financial Center Associates, Ltd. • CFG Service Corp. • CIADS Agency, Inc. • Citizens Asset Finance, Inc. • Citizens Auto Receivables, LLC • Citizens Automobile Funding Facility, LLC • Citizens Funding Corp. • Citizens Insurance Holdings, Inc. • Citizens JMP Group, LLC • Citizens JMP Securities, LLC ...
CFG stock data
Latest filings (excl ownership)
FWP
Free writing prospectus
16 May 24
8-K
Other Events
16 May 24
424B2
Prospectus for primary offering
16 May 24
8-K
Regulation FD Disclosure
7 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
Departure of Directors or Certain Officers
26 Apr 24
8-K
Other Events
25 Apr 24
424B2
Prospectus for primary offering
19 Apr 24
FWP
Free writing prospectus
18 Apr 24
8-K
Other Events
18 Apr 24
Transcripts
CFG
Earnings call transcript
2024 Q1
17 Apr 24
CFG
Earnings call transcript
2023 Q4
17 Jan 24
CFG
Earnings call transcript
2023 Q3
18 Oct 23
CFG
Earnings call transcript
2023 Q2
19 Jul 23
CFG
Earnings call transcript
2023 Q2
19 Jul 23
CFG
Earnings call transcript
2023 Q1
19 Apr 23
CFG
Earnings call transcript
2022 Q4
17 Jan 23
CFG
Earnings call transcript
2022 Q3
19 Oct 22
CFG
Earnings call transcript
2022 Q2
19 Jul 22
CFG
Earnings call transcript
2022 Q1
19 Apr 22
Latest ownership filings
13F-HR/A
Quarterly holdings report by institutional manager (amended)
17 May 24
4
MARITA ZURAITIS
16 May 24
4
Lee Alexander
16 May 24
4
MICHELE N SIEKERKA
16 May 24
4
WILLIAM P HANKOWSKY
16 May 24
4
Robert G Leary
16 May 24
4
Kevin Cummings
16 May 24
4
EDWARD J KELLY III
16 May 24
4
Tracy A Atkinson
16 May 24
4
Terrance Lillis
16 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 11.60 bn | 11.60 bn | 11.60 bn | 11.60 bn | 11.60 bn | 11.60 bn |
Cash burn (monthly) | 9.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 15.39 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 11.58 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1198.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
68.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 538 |
Opened positions | 97 |
Closed positions | 189 |
Increased positions | 161 |
Reduced positions | 218 |
13F shares | Current |
---|---|
Total value | 9.84 tn |
Total shares | 310.76 mm |
Total puts | 773.50 k |
Total calls | 993.40 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 54.15 mm | $1.79 tn |
Capital International Investors | 35.16 mm | $1.17 tn |
STT State Street | 28.37 mm | $940.06 bn |
Amundi | 19.26 mm | $641.92 bn |
IVZ Invesco | 17.31 mm | $573.53 bn |
Hotchkis & Wiley Capital Management | 15.96 mm | $528.82 bn |
MS Morgan Stanley | 12.15 mm | $402.73 bn |
Fuller & Thaler Asset Management | 11.35 mm | $376.25 bn |
Charles Schwab Investment Management | 10.48 mm | $337.10 bn |
Wellington Management | 5.78 mm | $191.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Cumming Christine M | Common Stock | Grant | Acquire A | No | No | 0 | 380.538 | 0.00 | 43,125.179 |
15 May 24 | Christopher Swift | Common Stock | Grant | Acquire A | No | No | 0 | 200.105 | 0.00 | 17,752.16 |
15 May 24 | Watson Wendy A. | Common Stock | Grant | Acquire A | No | No | 0 | 380.538 | 0.00 | 46,254.179 |
15 May 24 | Kelly Edward J Iii | Common Stock | Grant | Acquire A | No | No | 0 | 342.334 | 0.00 | 30,369.966 |
15 May 24 | Tracy A Atkinson | Common Stock | Grant | Acquire A | No | No | 0 | 58.371 | 0.00 | 5,178.371 |
News
JP Morgan Maintains Neutral on Citizens Financial Group, Lowers Price Target to $36
1 May 24
Looking Into Citizens Financial Group's Recent Short Interest
29 Apr 24
Piper Sandler Upgrades Citizens Financial Group to Overweight, Raises Price Target to $41
26 Apr 24
Argus Research Maintains Buy on Citizens Financial Group, Raises Price Target to $39
24 Apr 24
Citigroup Maintains Buy on Citizens Financial Group, Raises Price Target to $43
19 Apr 24
Press releases
Citizens Survey Finds Majority of Americans Ill-Prepared for Historic Multigenerational Wealth Transfer
15 May 24
Citizens Builds on Growing Presence in Florida, Announces First Market President
15 May 24
Citizens Financial Group to Participate in the Bernstein 40th Annual Strategic Decisions Conference 2024
8 May 24
Citizens Bank, N.A. Announces Redemption of Senior Notes
2 May 24
Citizens Business Conditions Index™ Drops in Q1
30 Apr 24