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MarketScreener Homepage  >  Equities  >  Nyse  >  Citizens Financial Group    CFG

CITIZENS FINANCIAL GROUP (CFG)
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Citizens Financial : Announces Prime Rate Change

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06/14/2018 | 12:02am CEST

Citizens Financial Group, Inc. (NYSE:CFG) announced today that Citizens Bank, N.A. and Citizens Bank of Pennsylvania have raised their prime lending rates to 5.00 percent from 4.75 percent, effective Thursday, June 14, 2018.

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $153.5 billion in assets as of March 31, 2018. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,150 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.


© Business Wire 2018
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Financials ($)
Sales 2018 6 138 M
EBIT 2018 2 417 M
Net income 2018 1 680 M
Debt 2018 -
Yield 2018 2,41%
P/E ratio 2018 11,69
P/E ratio 2019 10,67
Capi. / Sales 2018 3,16x
Capi. / Sales 2019 2,96x
Capitalization 19 366 M
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Number of Analysts 23
Average target price 47,3 $
Spread / Average Target 16%
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Managers
NameTitle
Bruce Winfield van Saun Chairman & Chief Executive Officer
John F. Woods Chief Financial Officer & Executive Vice President
Brian O'Connell Head-Technology Services
Charles John Koch Independent Director
Shivan S. Subramaniam Independent Director
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