
CFG Stock Forecast & Price Target
CFG Analyst Ratings
Bulls say
Citizens Financial Group Inc. has demonstrated robust growth in key financial metrics, with period-end deposits rising by 2.8% to $180.0 billion, fueled by increases in interest-bearing deposits (IBD) and non-interest-bearing (NIB) deposits, which account for 22% of total deposits and have remained stable over the past nine quarters. Additionally, net interest income increased significantly by $49 million quarter-over-quarter, reflecting a 3.3% improvement, while private banking deposits surged 44% quarter-over-quarter to $12.5 billion, surpassing management's year-end target. Wealth management assets under management (AUM) also showed positive momentum, increasing by $1.0 billion to reach $10.0 billion, further supporting the company's strong financial outlook.
Bears say
Citizens Financial Group Inc. has experienced a modest decrease in net charge-offs, reflecting a slight improvement in loan performance; however, the figures remain a concern as they indicate persistent credit risks within the lending portfolio. The company's core fee income saw a decline of 1.6% quarter-over-quarter, suggesting potential challenges in revenue generation beyond traditional banking services. Additionally, the Common Equity Tier 1 (CET1) ratio, although above regulatory requirements, is under pressure from negative accumulated other comprehensive income (AOCI), which could adversely impact capital management strategies and investor confidence.
This aggregate rating is based on analysts' research of Citizens Financial Group and is not a guaranteed prediction by Public.com or investment advice.
CFG Analyst Forecast & Price Prediction
Start investing in CFG
Order type
Buy in
Order amount
Est. shares
0 shares