$CFG

Citizens Capital Markets & Advisory added Matt Rheault and Jeff Jones as managing directors in its debt capital markets practice. Rheault will lead syndicate, while Jones will head ABS and CLO capital markets. They join from Wells Fargo, where they held senior roles, and report to Jerry Hullinger. The firm says the hires expand origination, syndication and structured products capabilities.

Citizens Financial Group (CFG) shares rose 4.6% on July 16 after Q2 2026 results beat expectations. Revenue increased 12% to $2.3 billion and adjusted EPS was $1.30. Analysts expect 2026 EPS of $5.30 (+37.3%). Barclays set a $81 target; consensus remains “Strong Buy” with a mean $79.65.

Citizens Financial Group (CFG) reported Q2 net interest income of $1,631 million and net income of $587 million, and issued guidance for continued net interest income growth and improved operating leverage through year end. The bank also continued a $0.46 quarterly dividend and repurchased shares, and announced $400 million fixed-to-floating preferred stock issuance.

VAN SAUN BRUCE (Chairman and CEO) sold 129,369 shares of CITIZENS FINANCIAL GROUP INC/RI (CFG) at $72.07 ($9.32M total) on 2026-07-24.

Citizens Financial Group, a U.S. bank with about $233 billion in assets, has joined Open Standard’s Open USD stablecoin consortium, according to Citizens and American Banker. The article says banks are signing up to multiple stablecoin initiatives to assess which partnerships endure, amid post-GENIUS Act momentum.

Amazon (AMZN) disclosed an FCC application to launch up to 5,105 internet satellites for direct-to-device connectivity, targeting service launch in 2028. The article also says Apple (AAPL) will introduce an “Apple Upgrade” financing program replacing an iPhone-only plan, with Klarna (KLAR) replacing Citizens Bank (CFG). It notes implications for AT&T (T), Verizon (VZ) and capex/cash flow ahead of Amazon earnings.

Simply Wall St reports Citizens Financial Group (CFG) posted Q2 net interest income of $1,631 million and net income of $587 million, with guidance indicating firmer margins and revenue trends. CFG shares at $71.88, up 10.96% over 90 days and 21.03% YTD. The article cites a fair value of $76.71 and a P/E of 15.3x versus peers and industry.

CFG filed a Form 144 notice for a proposed sale of 129,369 shares of its common stock through Fidelity Brokerage Services LLC on the NYSE, with an associated value of $9,323,229.11. The filing also lists prior restricted stock vesting used as compensation: 53,193 shares (Mar 1, 2022), 8,348 (Mar 2, 2022), and 67,828 (Mar 1, 2025).

Citizens Bank said it will exit credit facilities for CoreCivic and GEO Group, citing changed commercial circumstances and reduced capital needs after the federal government bought some CoreCivic facilities. Activists had pressured banks to cut lending to the private ICE detention operators. Jersey City, Montclair, and Newark officials discussed divesting municipal funds; activists asked about underwriting and future lending.

Citizens Bank said it will exit credit facilities for CoreCivic and GEO Group, citing changed commercial circumstances and reduced capital needs after the federal government bought some CoreCivic facilities and plans more purchases. GEO operates Delaney Hall in Newark, and CoreCivic operates Elizabeth Detention Center. Newark Mayor Ras Baraka said the city closed related accounts totaling $649.93. Activists asked about full wind-down and underwriting.