(VIANEWS) – Shares of Citizens Financial Group (NYSE: CFG) dropped by a staggering 12.05% to $30.29 at 10:18 EST on Monday, after five successive sessions in a row of losses. NYSE is dropping 1.63% to $14,894.18, after two sequential sessions in a row of losses. This seems, up to now, an all-around down trend trading session today.
Citizens Financial Group’s last close was $34.44, 32.39% under its 52-week high of $50.94.
About Citizens Financial Group
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association 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. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.
Earnings Per Share
As for profitability, Citizens Financial Group has a trailing twelve months EPS of $3.56.
PE Ratio
Citizens Financial Group has a trailing twelve months price to earnings ratio of 8.5. Meaning, the purchaser of the share is investing $8.5 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.8%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 3.83%.
Volume
Today’s last reported volume for Citizens Financial Group is 3817191 which is 4.38% below its average volume of 3992340.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Citizens Financial Group’s stock is considered to be overbought (>=80).
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