CITIZENS FINANCIAL GROUP INC/RI (CFG)

Citizens Financial Group, Inc. engages in the provision of commercial banking services. It operates through the Consumer Banking and Commercial Banking segments. The Consumer Banking segment includes deposit products, mortgage and home equity lending, student loans, auto financing, credit cards, business loans, and wealth management and investment services. The Commercial Banking segment offers lending and leasing, trade financing, deposit and treasury management, foreign exchange and interest rate risk management, corporate finance and debt, and equity capital markets. The company was founded in 1828 and is headquartered in Providence, RI.

Address

1 CITIZENS PLAZA
PROVIDENCE, RI 02903

Founded

1828

Number of Employees

17,570

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$333,996 - $180,026 $594,991 $299,998 - - - $2,072 $906,622 $500,105 $402,544
Average Price $23.36 - $28.71 $37.42 $36.38 - - - $26.72 $31.84 $33.34 $31.92
# Shares Purchased 14,297,761 - 6,270,492 15,901,906 8,246,221 - - - 77,543 28,472,450 15,000,188 12,609,509
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 71.2% - 39.3% 6.9% 10.0% - - - 49.7% 25.6% 20.0% 25.3%
S&P 500 Return to Date 181.9% - 168.6% 129.7% 104.9% - - - 37.3% 31.3% 7.4% 94.4%
Excess Total Return -110.6% - -129.3% -122.8% -94.9% - - - 12.4% -5.7% 12.6% -69.1%
Quartile Rank
Percentile Rank 53% - 44% 40% 41% - - - 80% 66% 77% 59%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.