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Citizens Financial Group, Inc. (CFG), with a market cap of $16.08 billion, is one of the largest retail bank holding companies in the U.S. Headquartered in Providence, Rhode Island, Citizens offers a comprehensive range of retail and commercial banking products and services to individuals, institutions, and companies. It operates an extensive network of branches and ATMs across the New England, Mid-Atlantic, and Midwest regions.
Citizens Financial has outperformed the broader market over the last year. The stock has gained 28.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.2%. But in 2024, CFG stock has gained only 4.6%, while the SPX is up 11.2% on a YTD basis.