Citizens Financials Stock Surges 2.23% on Cost Cuts and Digital Push Trading Volume Ranks 336th in U.S. Equities

. 17, 2025, . equities. The move follows a strategic focus on cost optimization and digital transformation, with executives emphasizing progress in reducing operational expenses and expanding digital banking tools. Analysts noted the stock’s performance may reflect investor confidence in the bank’s capital return strategy, including a recent share repurchase authorization.

Internal metrics highlighted improved efficiency ratios and a stable loan portfolio, with management expressing cautious optimism about regional economic resilience. The bank’s emphasis on high-yield savings accounts and wealth management services has drawn attention from institutional investors, though market participants remain cautious about broader interest rate uncertainty. No external earnings guidance was referenced in the period, .

To run this test rigorously I need a few extra details and (because of current platform limits on multi-asset intraday re-balancing) we have two practical ways to proceed. Could you let me know which one works for you? Market-wide “factor” study • Universe: all U.S. common stocks (or another universe you specify). • Each trading day we rank by dollar volume, buy the top 500 names at that day’s close, and sell them at the next-day close. • Result: we report the equal-weighted portfolio’s daily, cumulative, and risk metrics. (This requires pulling daily price & volume for several thousand tickers; it’s feasible but takes a bit longer.) ETF proxy / index approximation • Instead of holding 500 individual names, we test a liquid ETF that tracks high-volume or large-cap stocks (e.g., SPY or an-other broad ETF) as a proxy. • Simpler and faster to run, but less precise with respect to the exact “top-volume-500-stocks” rule. Please let me know: • Which of the two approaches you prefer (or another alternative). • What stock universe/exchange you want (U.S., a specific country, etc.). That will let me set up the correct data-retrieval plan and launch the back-test.