Citizens Financial Group (NYSE:CFG) Given New $78.00 Price Target at Bank of America

Citizens Financial Group (NYSE:CFG) had its price target raised by Bank of America from $70.00 to $78.00 in a research report sent to investors on Thursday,Benzinga reports. Bank of America currently has a buy rating on the bank’s stock.

Several other brokerages have also recently commented on CFG. DA Davidson raised their price target on shares of Citizens Financial Group from $65.00 to $73.00 and gave the company a “buy” rating in a research report on Thursday. Stephens reiterated an “overweight” rating and issued a $60.00 target price on shares of Citizens Financial Group in a report on Thursday, October 16th. Morgan Stanley boosted their target price on Citizens Financial Group from $71.00 to $73.00 and gave the stock an “overweight” rating in a research note on Thursday. Robert W. Baird restated a “neutral” rating and set a $60.00 price target on shares of Citizens Financial Group in a report on Thursday, December 11th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $69.00 price objective on shares of Citizens Financial Group in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $65.68.

Citizens Financial Group Stock Up 0.3%

Shares of NYSE:CFG opened at $64.25 on Thursday. The firm has a market capitalization of $27.59 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 0.55 and a beta of 0.72. Citizens Financial Group has a 1 year low of $32.60 and a 1 year high of $65.88. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.85 and a quick ratio of 0.84. The firm’s 50-day moving average is $57.60 and its two-hundred day moving average is $52.94.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings data on Wednesday, January 21st. The bank reported $1.13 EPS for the quarter, beating the consensus estimate of $1.11 by $0.02. Citizens Financial Group had a net margin of 15.19% and a return on equity of 7.89%. The business had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm posted $0.85 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. Analysts predict that Citizens Financial Group will post 3.92 EPS for the current year.

Citizens Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Wednesday, February 4th will be paid a dividend of $0.46 per share. The ex-dividend date is Wednesday, February 4th. This represents a $1.84 annualized dividend and a yield of 2.9%. Citizens Financial Group’s payout ratio is presently 51.54%.

Institutional Trading of Citizens Financial Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CFG. Trust Co. of Vermont lifted its position in shares of Citizens Financial Group by 177.5% during the 2nd quarter. Trust Co. of Vermont now owns 641 shares of the bank’s stock worth $29,000 after buying an additional 410 shares during the last quarter. GoalVest Advisory LLC raised its stake in Citizens Financial Group by 16,900.0% during the 2nd quarter. GoalVest Advisory LLC now owns 680 shares of the bank’s stock worth $30,000 after acquiring an additional 676 shares in the last quarter. True Wealth Design LLC lifted its position in Citizens Financial Group by 891.5% in the third quarter. True Wealth Design LLC now owns 585 shares of the bank’s stock valued at $31,000 after acquiring an additional 526 shares during the last quarter. REAP Financial Group LLC boosted its stake in Citizens Financial Group by 72.4% in the second quarter. REAP Financial Group LLC now owns 736 shares of the bank’s stock valued at $33,000 after acquiring an additional 309 shares in the last quarter. Finally, Capital A Wealth Management LLC grew its holdings in shares of Citizens Financial Group by 3,970.0% during the second quarter. Capital A Wealth Management LLC now owns 814 shares of the bank’s stock worth $36,000 after purchasing an additional 794 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Key Citizens Financial Group News

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

• Positive Sentiment: Q4 results beat: CFG reported EPS of $1.13 (vs. ~$1.11 consensus) and revenue roughly in line at $2.16B; net income rose ~32% YoY and EPS jumped ~36% YoY — the quarter was driven by higher net interest income and fee growth. Citizens Financial Group, Inc. Reports Fourth Quarter 2025 Net Income
• Positive Sentiment: Profit and momentum headlines: coverage highlights CFG’s profit jump on fee income and notes the stock recently hit an all‑time high as investors price in improving core performance. MSN Profit Jumps / Shares Hit All‑Time High
• Positive Sentiment: Analyst upgrades lift sentiment: Bank of America raised its target to $78 (buy), DA Davidson to $73 (buy) and Keefe, Bruyette & Woods to $70 (outperform) — each implies mid- to high‑teens upside vs. the current price level and signal stronger consensus expectations. Benzinga
• Positive Sentiment: Strategic outlook: a deep‑dive piece cites expansion of the private bank and targeted tech initiatives as drivers of medium‑term growth and efficiency gains, supporting the bullish case. CFG Q4 Deep Dive: Private Bank Expansion and Strategic Tech Initiatives
• Positive Sentiment: Dividend and shareholder return: CFG declared a quarterly dividend of $0.46/share (ex‑div Feb 4; pay Feb 18), implying an annualized yield near 2.8% — supportive for income‑oriented investors.
• Neutral Sentiment: Market write‑ups and transcripts: multiple earnings call transcripts and analyst note roundups (Seeking Alpha, InsiderMonkey, Zacks) are available — useful for digging into management’s commentary on margins, capital and loan activity but contain no obvious surprises beyond the headline beat. Seeking Alpha: Patience Continuing To Pay Off
• Neutral Sentiment: Upcoming investor events: CFG will present at the UBS Financial Services Conference (Feb 10), which could provide additional color on commercial banking trends and capital deployment but is routine. Business Wire: UBS Conference

Citizens Financial Group Company Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.