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With a market cap of $17 billion, Citizens Financial Group, Inc. (CFG) is a leading bank holding company in the United States, providing a wide range of retail and commercial banking services to individuals, small businesses, and large corporations. The company operates through its Consumer Banking and Commercial Banking segments across multiple regions.
The Providence, Rhode Island-based company's shares have slightly underperformed the broader market over the past 52 weeks. CFG has increased 8.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 9.2%. Moreover, shares of Citizens Financial are down 10.9% on a YTD basis, compared to SPX’s 3.7% drop.