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Providence, Rhode Island-based Citizens Financial Group, Inc. (CFG) provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions. Valued at $18 billion by market cap, CFG is among the oldest and largest financial services firms in the U.S., offering consumer and commercial loans, mortgage finance, deposit products, retail and commercial banking, asset management, and trust services.
Shares of this banking company have slightly outperformed the broader market over the past year. CFG has gained 28.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.2%. In 2024, CFG stock is up 20%, surpassing the SPX’s 11.5% rise on a YTD basis.