Zacks Research Issues Optimistic Forecast for CFG Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Research analysts at Zacks Research increased their Q3 2025 EPS estimates for shares of Citizens Financial Group in a report issued on Tuesday, September 16th. Zacks Research analyst Team now expects that the bank will post earnings per share of $0.99 for the quarter, up from their prior estimate of $0.98. 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 FY2025 earnings at $3.78 EPS, Q4 2026 earnings at $1.33 EPS and FY2026 earnings at $4.67 EPS.

Other equities research analysts also recently issued reports about the stock. Evercore ISI lifted their price target on shares of Citizens Financial Group from $55.00 to $57.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays lifted their price objective on Citizens Financial Group from $49.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, July 18th. DA Davidson lifted their price objective on Citizens Financial Group from $49.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Wall Street Zen upgraded Citizens Financial Group from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Finally, UBS Group lifted their price objective on Citizens Financial Group from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, May 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citizens Financial Group has an average rating of “Moderate Buy” and an average target price of $52.10.

Citizens Financial Group Price Performance

CFG stock opened at $52.23 on Wednesday. The firm has a 50 day moving average of $49.53 and a 200-day moving average of $43.49. Citizens Financial Group has a 12-month low of $32.60 and a 12-month high of $53.00. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.54. The company has a market cap of $22.53 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 0.56 and a beta of 0.80.

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

Institutional Trading of Citizens Financial Group

Several institutional investors have recently made changes to their positions in CFG. Norges Bank purchased a new stake in shares of Citizens Financial Group during the 2nd quarter valued at $253,423,000. AustralianSuper Pty Ltd purchased a new stake in Citizens Financial Group during the 1st quarter worth $108,864,000. HoldCo Asset Management LP purchased a new stake in Citizens Financial Group during the 2nd quarter worth $93,361,000. Marshall Wace LLP purchased a new stake in Citizens Financial Group during the 2nd quarter worth $67,492,000. Finally, Assetmark Inc. boosted its position in Citizens Financial Group by 11,167.0% during the 1st quarter. Assetmark Inc. now owns 1,347,537 shares of the bank’s stock worth $55,209,000 after purchasing an additional 1,335,577 shares during the period. 94.90% of the stock is owned by hedge funds and other institutional investors.

Citizens Financial Group announced that its Board of Directors has authorized a share repurchase program on Friday, June 13th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the bank to repurchase up to 8.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

Citizens Financial Group Dividend Announcement

The business also recently disclosed 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 of this dividend was Thursday, July 31st. This represents a $1.68 annualized dividend and a dividend yield of 3.2%. Citizens Financial Group’s payout ratio is currently 51.06%.

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.