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CFG

CITIZENS FINANCIAL GROUP INC/RI

At today's price, CITIZENS FINANCIAL GROUP INC/RI (CFG) is priced for 13.5% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
13.5% return on equity
Priced In
extreme

Key Takeaways

A bank is worth the return it earns on its capital, so CFG is priced off book value, not an operating multiple. At $67.04 the stock trades near 1.2x book, which prices a return on equity above the elite tier sustained long term, against a recent record that has been improving toward but not yet at that level. The earnings trajectory is the key fact. Q1 2026 ROTCE reached 12.2%, up from 11.20% for full-year 2025 and 9.81% in 2024, with net interest margin expanding to 3.14% and management guidin

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Institutional ownership

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.

Capital returns

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.

Insider activity

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.

Earnings reactions

CFG's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext 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.

Recent filings

CFG's latest 8-K filings: 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); 2026-01-29 (items 8.01, 9.01); 2026-01-22 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

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.