CITIZENS FINANCIAL GROUP INC/RI
In the published model solve dated 2026-Q2, anchored at $69.71, CITIZENS FINANCIAL GROUP INC/RI (CFG) is priced for 13.1% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• About 79.8% of last year's earnings went back to shareholders as dividends and buybacks, and the bank still finished 2025 with a common equity tier 1 ratio near 10.6% and tangible book value per share up 18% on the year. • The gap that defines the stock is between what the bank earns and what its price assumes: return on equity has recently run near 7%, while the price, at 1.26 times book value, is paying for a level of return that sits beyond even the elite tier of long-run performers. • Th
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984 institutional managers reported holding CFG in 13F filings for the quarter ended 2026-03-31. Together they hold about 92% of the company; the top 10 hold 50%. 123 opened new positions that quarter. Held by Vanguard Group, BlackRock, Capital Group (American Funds), among others. On the short side, 16.0M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CFG's share count is about flat over the past five years ($3.21B of repurchases, offset by issuance). It pays a dividend, and has paid one every year in our records (13 and counting); the current rate is $1.72 a share annually. Cash returned over the past three years: $2.12B in dividends and $2.19B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CFG over the trailing three years: 2023: 1 buy totaling $23k. 27 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CFG's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +7.3% | -12.6% |
| 2023-11-07 | -8.2% | +29.1% |
| 2024-02-17 | -0.6% | +7.7% |
| 2024-05-07 | +0.4% | +2.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CFG's latest 8-K filings: 2026-07-31 (items 3.03, 5.03, 8.01, 9.01); 2026-07-21 (items 8.01, 9.01); 2026-07-16 (items 2.02, 7.01, 9.01); 2026-04-24 (items 5.07); 2026-04-16 (items 2.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.