November 28, 2014 11:15 PM ET

Banks

Company Overview of Citizens Financial Group, Inc.

Company Overview

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania, which provide consumer and commercial banking services in the United States. Its deposit products include on demand, checking with interest, regular savings, money market accounts, and term deposits. The company’s Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, including checking, savings, home loans, student loans, credit cards, business loans, and financial management services. It also operates an indirect auto financing business, providing financing for new and used vehicles through auto dea...

One Citizens Plaza

Providence, RI 02903

United States

Founded in 1828

17,852 Employees

Phone:

401-456-7000

Key Executives for Citizens Financial Group, Inc.

Chairman and Chief Executive Officer
Age: 56
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice President
Age: 55
Total Annual Compensation: $739.1K
Vice Chairman and Head of Commercial Banking Division
Age: 51
Total Annual Compensation: $939.1K
Vice Chairman of Consumer Banking
Age: 52
Total Annual Compensation: $889.1K
Chief Risk Officer and Group Executive Vice President
Age: 60
Total Annual Compensation: $614.1K
Compensation as of Fiscal Year 2013.

Citizens Financial Group, Inc. Key Developments

Citizens Financial Group, Inc. Names Marc Paulhus as Citizens Bank Rhode Island President

Citizens Financial Group, Inc. named Marc Paulhus, Head of Asset Finance for Citizens Commercial Banking, as Citizens Bank Rhode Island President. As Rhode Island state president, Paulhus will join the company's Head of Corporate Affairs, Barbara Cottam, Rhode Island Market Executive, in leading Citizens' engagement with civic, business and community leaders across the state.

Citizens Financial Group, Inc. Declares Quarterly Cash Dividend, Payable on November 20, 2014; Announces Earnings Results for the Third Quarter Ended September 30, 2014

Citizens Financial Group, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on November 20, 2014 to shareholders of record at the close of business on November 6, 2014. The company announced earnings results for the third quarter ended September 30, 2014. For the quarter, the company's net interest income was $820 million compared with $770 million a year ago. Total revenue was $1,161 million compared with $1,153 million a year ago. Net income was $189 million or $0.34 per diluted share compared with $144 million or $0.26 per diluted share a year ago. Net income, excluding restructuring charges and special items was $202 million or $0.36 per diluted share compared with $144 million or $0.26 per diluted share a year ago. Return on average tangible common equity was 5.81% compared with 4.34% a year ago. Return on average common equity was 3.87% compared with 2.91% a year ago. Return on average total assets was 0.58% compared with 0.49% a year ago. Return on average total tangible assets was 0.61% compared with 0.52% a year ago. Adjusted pretax income was $295 million compared with $220 million a year ago. Income before income tax expense (benefit) was $274 million compared with $220 million a year ago.

Citizens Financial Group, Inc. to Report Q3, 2014 Results on Oct 27, 2014

Citizens Financial Group, Inc. announced that they will report Q3, 2014 results at 7:00 AM, Eastern Daylight on Oct 27, 2014

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Recent Private Companies Transactions

Type
Date
Target
Buyback
October 9, 2014
--
Merger/Acquisition
January 7, 2014
Citizens Financial Group, Inc., 94 Charter One Branches in Chicago and Other Assets
 

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