3 stories mentioning CFGUpdated 36d ago
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Citizens Financial (CFG) has an average rating of buy and mean price target of $72.58, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $64.77, Change: $+0.83, Percent Change: +1.30%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After reviewing earnings, we increase our 12-month target price by $1 to $84, 13.1x our 2027 EPS estimate, above CFG's five-year forward average of 10.1x, given improving credit quality and momentum in its Private Bank. We increase our 2026 EPS view by $0.02 to $5.24 and 2027's by $0.11 to $6.41. CFG delivered another solid quarter, with its net interest margin expanding by 7 bps Q/Q to 3.14% and balance sheet growth exceeding peers. The balance sheet strength is particularly noteworthy because prior to launching its Private Bank, CFG had been trailing competitors in this area. Despite heightened geopolitical uncertainty, the Private Bank achieved record quarterly revenues of $157 million and contributed a record $0.11 to EPS, up sharply from $0.04 in the prior-year period. We expect CFG to perform well in this summer's stress tests due to more favorable testing parameters and the bank's reduced commercial real estate risk exposure. Shares yield a healthy 2.9%.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Citizens Financial Group Inc. (CFG) delivered strong Q1 2026 results with operating EPS of $1.13 vs. $0.77 in the prior year, beating consensus by $0.04. Revenue of $2.17B was in line with estimates, rising 1% Y/Y and 12% Q/Q, supported by net interest income growth as NIM expanded 7 bps to 3.14%. This represents an excellent performance, in our view, as we expect most peers to report stable NIMs in the quarter. Credit quality continued its steady improvement with net charge-offs declining to 39 bps from a 58 bps peak a year ago, marking four consecutive quarters of sequential improvement. Balance sheet momentum persisted with 1% sequential loan growth led by Commercial and Private Bank expansion. The Private Bank reached $16.6B in spot deposits and contributed $0.11 to EPS, demonstrating continued scaling of this key competitive differentiator. CFG maintained a strong capital position with a 10.5% CET1 ratio while returning $498M to shareholders through $300M in buybacks and $198M in dividends.
