NYSE:CFGBanks
Citizens Financial Group Courts Wealth Clients While Boosting Share Buybacks
Citizens Financial Group, NYSE:CFG, is expanding its Private Bank and Private Wealth offerings to target more high net worth clients.
The company is pairing this expansion with a substantial share buyback program, signaling a focus on returning capital to shareholders.
These moves highlight a push toward higher fee income and a refined capital allocation approach that has not yet been widely discussed.
Citizens Financial Group enters this phase with its shares at $65.1 and a value score of...