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The latest update is out from Citizens Financial ( (CFG) ).
On July 31, 2025, Citizens Financial Group, Inc. issued a 6.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, with a liquidation preference of $1,000 per share. The issuance imposes restrictions on the company’s ability to declare or pay dividends on junior stocks if dividends on the Series I Preferred Stock are not declared and paid. Additionally, the company filed a Certificate of Designations on July 25, 2025, to establish the rights and limitations of this stock. On July 22, 2025, Citizens Financial entered into an underwriting agreement with several financial institutions for the public offering of 16,000,000 depositary shares, each representing a 1/40th interest in a share of the Series I Preferred Stock. The agreement includes various conditions, indemnification rights, and termination provisions.
The most recent analyst rating on (CFG) stock is a Buy with a $51.00 price target. To see the full list of analyst forecasts on Citizens Financial stock, see the CFG Stock Forecast page.
Spark’s Take on CFG Stock
According to Spark, TipRanks’ AI Analyst, CFG is a Outperform.
Citizens Financial demonstrates strong financial performance with robust profitability and efficient operations. Technical indicators show bullish momentum, while a reasonable P/E ratio and solid dividend yield enhance its valuation appeal. Recent earnings call and corporate events reflect strategic growth and confidence, despite macroeconomic uncertainties.
To see Spark’s full report on CFG stock, click here.
More about Citizens Financial
Average Trading Volume: 5,024,089
Technical Sentiment Signal: Buy
Current Market Cap: $21.29B
See more insights into CFG stock on TipRanks’ Stock Analysis page.