PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its second quarter 2023 earnings on July 19, 2023. The news release and supplemental
J.P. Morgan analyst Vivek Juneja on Tuesday cut price targets on nine major U.S. banks due to his “cautious” view on the sector in the face of increased regulatory requirements, declining net inte
Home-equity lines of credit (HELOCs) and second-lien mortgages have been staging a notable comeback as U.S. homeowners look for liquidity and ways to monetize the pandemic surge in home prices, accord
Following the addition of approximately 50 new senior private bankers, Citizens Financial (CFG) now plans to double its wealth management assets in the medium term.
The chairman of the Federal Deposit Insurance Corp. said Thursday that U.S. regulators are considering a plan to include banks with assets as low as $100 billion in the international regime for capita
Several regional banks, including KeyCorp (KEY), Comerica (CMA), Fifth Third (FITB), Zions (ZION) and Citizens Financial (CFG), lower Q2 top-line expectations on higher rates, rising deposit costs and
Higher funding costs are putting pressure on net interest income and margins. Several management teams seem to have underestimated just how tough conditions might become.
U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.
Citizens Financial (CFG) expands its private banking business by adding 50 new senior private bankers to expand consumer banking franchises in key markets.

New Strong Sell Stocks for June 9th

07:56am, Friday, 09'th Jun 2023
CVGW, CFG and DCOM have been added to the Zacks Rank #5 (Strong Sell) List on June 9, 2023.
Citizens (CFG) announces to cease its indirect auto loans origination from Jul 1, 2023. This is likely to help the company to focus on improving relationship-based lending.
Citizens Financial Group will stop originating indirect car loans effective July 1. The financial institution will retain and continue to service the existing auto loans on its balance sheet, Citizen
Citizens Financial Group Inc. CFG, +0.35% said Wednesday it will stop originating indirect auto loans to car dealers as of July 1 as part of an effort to “optimize” its balance sheet and increase
Citizens Financial Group has seen a 30% drop in stock value over the past three months, but the sell-off is considered overdone. CFG exhibited strong Q1 results, with higher revenue, expenses, and ear
Regional banks have represented a morass of certainty since the collapses of Silicon Valley Bank, Signature Bank and First Republic. That's going to bring policy changes, analysts at UBS believe, but
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