Research Analysts Set Expectations for CFG Q3 Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Research analysts at Zacks Research raised their Q3 2025 earnings per share estimates for Citizens Financial Group in a research report issued to clients and investors on Wednesday, August 13th. Zacks Research analyst Team now expects that the bank will earn $0.98 per share for the quarter, up from their prior forecast of $0.97. 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 FY2026 earnings at $4.65 EPS.

Citizens Financial Group (NYSE:CFG) last issued its earnings results on Thursday, July 17th. The bank reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. Citizens Financial Group had a return on equity of 6.94% and a net margin of 13.26%. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the firm earned $0.82 earnings per share. Citizens Financial Group’s revenue for the quarter was up 3.8% on a year-over-year basis.

CFG has been the subject of several other research reports. Evercore ISI upgraded Citizens Financial Group from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $48.00 to $55.00 in a report on Friday, July 18th. JPMorgan Chase & Co. upgraded Citizens Financial Group from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $48.50 to $52.00 in a report on Friday, August 1st. Cowen assumed coverage on Citizens Financial Group in a research note on Wednesday, May 14th. They issued a “buy” rating for the company. Argus set a $45.00 price objective on Citizens Financial Group in a research note on Thursday, April 24th. Finally, Citigroup upped their price objective on Citizens Financial Group from $57.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Four research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.53.

Citizens Financial Group Trading Down 1.8%

Shares of Citizens Financial Group stock opened at $48.31 on Friday. The stock has a fifty day simple moving average of $46.09 and a 200 day simple moving average of $42.75. Citizens Financial Group has a 12-month low of $32.60 and a 12-month high of $49.98. The company has a market capitalization of $20.84 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 0.54 and a beta of 0.78. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.54.

Citizens Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, July 31st. This represents a $1.68 annualized dividend and a dividend yield of 3.5%. Citizens Financial Group’s dividend payout ratio is presently 51.06%.

Citizens Financial Group announced that its Board of Directors has initiated a share repurchase program on Friday, June 13th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the bank to buy up to 8.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Citizens Financial Group by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 51,548,977 shares of the bank’s stock worth $2,306,817,000 after purchasing an additional 209,467 shares in the last quarter. Capital World Investors lifted its holdings in Citizens Financial Group by 3.3% during the 4th quarter. Capital World Investors now owns 35,900,115 shares of the bank’s stock worth $1,570,989,000 after purchasing an additional 1,131,838 shares in the last quarter. Invesco Ltd. lifted its holdings in Citizens Financial Group by 1.2% during the 2nd quarter. Invesco Ltd. now owns 23,671,355 shares of the bank’s stock worth $1,059,293,000 after purchasing an additional 283,321 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in Citizens Financial Group by 7.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 10,380,605 shares of the bank’s stock worth $425,293,000 after purchasing an additional 697,494 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Citizens Financial Group by 19.1% during the 1st quarter. AQR Capital Management LLC now owns 7,366,754 shares of the bank’s stock worth $294,007,000 after purchasing an additional 1,180,390 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

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.