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Valued at a market cap of $20.2 billion, Providence, Rhode Island-based Citizens Financial Group, Inc. (CFG) operates in the banking sector. It offers various retail and commercial banking products and services across the U.S., serving individuals, small businesses, and institutions.
Shares of the bank have outperformed the broader market over the past 52 weeks. CFG has increased 78.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 36.8%. In 2024, shares of CFG are up 38.2%, compared to SPX’s 25.7% gain on a YTD basis.
