Citizens Financial股票討論區

Craig Read's recent sale of Citizens Financial Group shares, even below the current price of US$34.24, implies a lower price was deemed reasonable. Despite high insider ownership, the selling suggests a cautious outlook for the company.

Horowitz opines that market's overreaction to credit concerns is exaggerated. He sees potential for Citizens Financial Group to benefit from current interest rates. He maintains a buy rating on M&T Bank, expecting management to regain trust in their credit portfolio. He suggests investors to seize the opportunity created by recent price action.

Horowitz suggests the market's recent price action offers attractive entry points. He also expects CFG's increased reserves for office space and current interest rates to positively impact the stock.

CEO Bruce Van Saun expressed satisfaction with the company's Q4 performance, highlighting a strong balance sheet, controlled expenses, and strategic initiatives that position the company well for medium-term growth and enhanced returns.

Citizens plans to use its wide range of financial products to offer more variety to clients and generate loyalty. The strategy will also cater to the upcoming wealth management needs of baby boomer women.

Citizens considers the private bank's launch a highly strategic move, poised to enhance their existing wealth services. This follows their acquisition of advising firm Clarfeld in 2019.

CEO Bruce Van Saun emphasized the Bank’s solid performance in a dynamic environment, underlining the progress made by Citizens Private Bank. Management reiterates commitment to bolster EPS and returns while maintaining strategic initiatives.