
CFG Stock Forecast & Price Target
CFG Analyst Ratings
Bulls say
Citizens Financial Group Inc. has demonstrated strong financial growth, with period-end deposits rising 2.8% to $180.0 billion, driven by increases in interest-bearing deposits (IBD) and non-interest-bearing (NIB) deposits, which have remained stable over the past nine quarters. Net interest income also saw a notable increase of $49 million quarter-over-quarter, reflecting a healthy growth trajectory fueled by solid performance in the private banking segment, where deposits surged by 44% quarter-over-quarter. Additionally, assets under management (AUM) in wealth management rose by $1.0 billion, further contributing to the company's optimistic outlook as it continues to expand its wealth management capabilities.
Bears say
Citizens Financial Group's financial outlook appears negative due to several key metrics indicating potential vulnerabilities. Although net charge-offs (NCOs) are declining, they remain a concern as they reflect the company's credit quality, with an increase in reserve releases suggesting underlying pressures. Additionally, the drop in core fee income by 1.6% sequentially, coupled with a significant reduction in the non-core portfolio, could hinder future revenue growth and impact overall financial stability, compounded by a CET1 ratio that, while above the regulatory requirement, has experienced negative adjustments.
This aggregate rating is based on analysts' research of Citizens Financial Group and is not a guaranteed prediction by Public.com or investment advice.
CFG Analyst Forecast & Price Prediction
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