Citizens Financial Group, Inc. Price & Performance (CFG-PH)

Citizens Financial Group has finalized the issuance of $750 million in senior notes, set to mature in 2031. The fixed/floating rate notes will shift from a 5.253% fixed rate to a floating rate in 2030. Proceeds will support corporate initiatives, including debt reduction and potential acquisitions, aligning with the company’s capital strategy.12

Recent filings reveal multiple institutional investors, including Citizens Financial Group Inc. RI and Charles Schwab Investment Management, have adjusted their holdings in CFG stock. While some reduced their stakes, others increased positions, reflecting varied confidence. CFG’s stock performance remains steady, with a market cap near $18 billion and a P/E ratio of 13.16.34

Analysts have reiterated positive outlooks for Citizens Financial Group, with Citigroup adjusting its price target to $51. CFG’s robust retail and business banking operations, along with consistent earnings performance, underpin these assessments. The bank’s shares trade within a 52-week range of $32.06 to $49.25, reflecting stable investor interest.56