Associated tags: Commercial bank, Consumer, ATM, Retail banking, Small business, Professional Services, Banking, Finance, Citizenship, Citizens Financial Group, NYSE, CFG
Locations: NEW YORK CITY, MASSACHUSETTS, BOSTON, NEW JERSEY, PITTSBURGH, CONCORD, SAN DIEGO, CA, IOWA, OHIO, AFRICA, CONGO, WYNDHAM, QUEENSBOROUGH, KANSAS, PE, UNITED STATES, NORTH AMERICA, RHODE ISLAND, BERNSTEIN, READING
Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 to be held on Friday, May 31, 2024 at 10:00 am ET.
Key Points:
- Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 to be held on Friday, May 31, 2024 at 10:00 am ET.
- The live webcast will be available at https://investor.citizensbank.com under Events & Presentations.
Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 8, 2024, to preferred shareholders of record at the close of business on June 21, 2024:
Key Points:
- Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 8, 2024, to preferred shareholders of record at the close of business on June 21, 2024:
a quarterly cash dividend of $21.65408194 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No.
- 174610AP0);
a quarterly cash dividend of $22.52782917 per share on CFG’s 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (CUSIP No.
- 174610AQ8);
a quarterly cash dividend of $23.7807460 per share ($0.59451865 per each depositary share, each representing a 1/40th interest in a share of the preferred stock) on CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP No.
- 174610204);
a quarterly cash dividend of $12.50 per share ($0.3125 per each depositary share, each representing a 1/40th interest in a share of the preferred stock) on CFG’s 5.000% Fixed-For-Life Non-Cumulative Perpetual Preferred Stock, Series E (CUSIP No.
today announced the redemption on May 23, 2024 (the “Redemption Date”) all of its outstanding $650,000,000 aggregate principal amount 4.119% Fixed/Floating Rate senior Notes due May 23, 2025 (CUSIP No.
Key Points:
- today announced the redemption on May 23, 2024 (the “Redemption Date”) all of its outstanding $650,000,000 aggregate principal amount 4.119% Fixed/Floating Rate senior Notes due May 23, 2025 (CUSIP No.
- The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date.
- On and after the Redemption Date, the Notes will no longer be deemed outstanding and interest will no longer accrue on the Notes.
- Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.
The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters.
Key Points:
- The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters.
- However, Citizens’ proprietary data showed softening revenue trends during the period after solid performance across most industries in the second half of 2023.
- “While the Index shows business conditions dipping in the first quarter, the overall U.S. economy remains fairly healthy,” said Eric Merlis, managing director and co-head of global markets at Citizens.
- “The first quarter index reading shows a business environment that is slowing as higher interest rates weigh on economic conditions,” said Merlis.
Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Wednesday, May 8, 2024 at 10:45 am GMT.
Key Points:
- Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Wednesday, May 8, 2024 at 10:45 am GMT.
- The live webcast will be available at https://investor.citizensbank.com under Events & Presentations.
Retrieved on:
Wednesday, April 17, 2024
Banking,
Professional Services,
Finance,
LDR,
Security (finance),
Capital,
NIM,
NYC Metro,
Citizens Financial Group,
Interest,
Private banking Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 financial results.
Key Points:
- Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 financial results.
- The dividend is payable on May 15, 2024 to shareholders of record at the close of business on May 1, 2024.
- As previously announced, Citizens will host a live conference call to review its first quarter 2024 financial results.
- Replay Information: A replay of the conference call will be available beginning at 12:00 pm ET on April 17, 2024 through May 17, 2024.
Banking,
Professional Services,
Finance,
Retail banking,
Investment,
Morgan Stanley,
Wealth management,
CFG,
Citizens Financial Group,
Wealth,
Head,
Private banking,
Creative industries Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9.
Key Points:
- Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9.
- He will lead the bank’s Citizens Wealth Management and Citizens Private Wealth Management organizations, serving the needs of mass affluent, affluent, high-net-worth, and ultra-high-net-worth clients.
- “Paul is an experienced and well-rounded Wealth Management executive with a proven track record of success and has a long runway here at Citizens,” said Coughlin.
- The hiring of these high-quality executives demonstrates the strength of Citizens’ growing wealth management platform.
Finance,
Business,
Banking,
Professional Services,
Human Resources,
Partnership,
Risk,
Artificial intelligence,
Financial management,
Uncertainty,
Capital market,
Perception,
Anxiety Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal.
Key Points:
- Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal.
- Nearly three quarters (72%) of small- and mid-size businesses in the U.S. view the private equity industry as a source of current or future partnership and funding, according to the survey.
- “At Citizens, our advisors partner with corporate and PE clients every day to find solutions and execute transactions.
- Consistent with the findings of the latest Citizens Business Conditions Index™ , the robust demand for labor indicates business conditions remain constructive despite lingering anxiety about rising costs.
Individuals may call in by dialing 877-692-8955, conference ID 7141414
Key Points:
- Individuals may call in by dialing 877-692-8955, conference ID 7141414
The live webcast will be available at http://investor.citizensbank.com under Events & Presentations.
- A replay of the conference call will be available beginning at 12:00 pm ET on April 17 through May 17, 2024.
- Please dial 866-207-1041 and enter access code 4035711.
- The webcast replay will be available at http://investor.citizensbank.com under Events & Presentations.
Retrieved on:
Wednesday, March 27, 2024
Banking,
Professional Services,
Finance,
Environment,
Partnership,
Education,
Citizens Financial Group,
Research,
Learning,
Student,
Central Falls, Rhode Island,
Multimedia Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.
Key Points:
- Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.
- The bank also announced the results of a teen financial wellness survey, published in partnership with Junior Achievement, that demonstrates the need for expanded financial literacy programs.
- “We are grateful for Citizens leadership in helping promote financial empowerment programs to support the mental and financial health of today’s youth.”
Citizens Helping Citizens Manage Money is the bank’s financial empowerment program dedicated to providing funding and volunteerism to support programs that give people the confidence and tools they need to budget, save, invest, and pursue their goals.
- Throughout the year, Citizens colleagues share their time and talents to deliver financial education training to support grant recipients programming.