What is Zacks Research’s Estimate for CFG Q3 Earnings?

Citizens Financial Group, Inc. (NYSE:CFG) – Research analysts at Zacks Research lifted their Q3 2025 earnings per share estimates for shares of Citizens Financial Group in a report issued on Wednesday, August 13th. Zacks Research analyst Team now forecasts that the bank will earn $0.98 per share for the quarter, up from their previous estimate of $0.97. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Citizens Financial Group’s FY2026 earnings at $4.65 EPS.

A number of other equities analysts have also issued reports on CFG. UBS Group raised their target price on Citizens Financial Group from $50.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, May 30th. Barclays raised their target price on Citizens Financial Group from $49.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, July 18th. Cowen initiated coverage on Citizens Financial Group in a research note on Wednesday, May 14th. They issued a “buy” rating for the company. Citigroup raised their target price on Citizens Financial Group from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, Evercore ISI upgraded Citizens Financial Group from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $48.00 to $55.00 in a research note on Friday, July 18th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.53.

Citizens Financial Group Stock Performance

Shares of CFG stock opened at $48.31 on Friday. The firm has a market capitalization of $20.84 billion, a price-to-earnings ratio of 14.68, a price-to-earnings-growth ratio of 0.54 and a beta of 0.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.84. The business has a fifty day moving average of $46.09 and a 200 day moving average of $42.75. Citizens Financial Group has a 1 year low of $32.60 and a 1 year high of $49.98.

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Thursday, July 17th. The bank reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.01 billion. Citizens Financial Group had a return on equity of 6.94% and a net margin of 13.26%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.82 EPS.

Citizens Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st were given a dividend of $0.42 per share. The ex-dividend date was Thursday, July 31st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. Citizens Financial Group’s dividend payout ratio (DPR) is 51.06%.

Citizens Financial Group declared that its Board of Directors has approved a share repurchase program on Friday, June 13th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the bank to buy up to 8.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Citizens Financial Group

A number of institutional investors have recently modified their holdings of the business. StoneX Group Inc. grew its stake in shares of Citizens Financial Group by 0.4% in the second quarter. StoneX Group Inc. now owns 60,307 shares of the bank’s stock worth $2,699,000 after acquiring an additional 213 shares in the last quarter. Brookstone Capital Management grew its stake in shares of Citizens Financial Group by 2.9% during the second quarter. Brookstone Capital Management now owns 7,497 shares of the bank’s stock worth $336,000 after purchasing an additional 214 shares in the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of Citizens Financial Group by 0.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 39,766 shares of the bank’s stock worth $1,740,000 after purchasing an additional 224 shares in the last quarter. Lynx Investment Advisory grew its stake in shares of Citizens Financial Group by 2.8% during the second quarter. Lynx Investment Advisory now owns 8,961 shares of the bank’s stock worth $401,000 after purchasing an additional 243 shares in the last quarter. Finally, Wealthspire Advisors LLC grew its stake in shares of Citizens Financial Group by 2.3% during the second quarter. Wealthspire Advisors LLC now owns 11,570 shares of the bank’s stock worth $518,000 after purchasing an additional 257 shares in the last quarter. 94.90% of the stock is currently owned by institutional investors and hedge funds.

About Citizens Financial Group

Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.