Previous close | 25.43 |
Open | 25.44 |
Bid | 25.45 x 2900 |
Ask | 25.46 x 900 |
Day's range | 25.44 - 25.46 |
52-week range | 22.09 - 25.59 |
Volume | |
Avg. volume | 35,697 |
Market cap | 15.189B |
Beta (5Y monthly) | 1.35 |
PE ratio (TTM) | 5.39 |
EPS (TTM) | 4.72 |
Earnings date | 17 Jul 2024 |
Forward dividend & yield | 2.38 (9.35%) |
Ex-dividend date | 21 Jun 2024 |
1y target est | N/A |
Bank CEOs see new vulnerabilities for cybersecurity, legal uncertainty, and prejudice from generative AI.
PROVIDENCE, R.I., May 23, 2024--Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 8, 2024 (the "Redemption Date") of 12,000,000 depositary shares (NYSE: CFG PrD; CUSIP: 174610204; ISIN: US1746102045) (the "Depositary Shares") representing interests in CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred Stock"). Each Depositary Share represents a 1/40th interest in a share of the Series D Preferred Stock.
The deals offer a nice premium relative to the 4.6% available on 30-year Treasury debt. Tax benefits add to the appeal.