Citizens Financial Group operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. Company branches are located in the New England, Mid-Atlantic, and Midwest regions. The company was founded in 1828 and is based in Providence, Rhode Island.
Citizens today announced a partnership to provide consumer financing for BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States. Citizens Pay will soon be available to BJ’s members to pay for large purchases, such as televisions, appliances and home furnishings, with low monthly payments.
An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to a Citizens survey of 700 leaders at U.S. middle market companies and private equity firms.
Citizens Financial Group ([[CFG]] -2.6%) sees full-year 2021 net interest income down slightly from $4.59B in 2021, better than the consensus for a 3% decline.Along with disclosing its Q4 earnings, CFG's board also approved a $750M common stock repurchase program, starting in Q1.The bank's credit outlook — expecting net charge-offs...