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Citizens Financial Group (CFG) shares surged 3.94% today, marking the second consecutive day of gains, with a total increase of 4.56% over the past two days. The stock price reached its highest level since March 2022, with an intraday gain of 5.17%.
The strategy of buying CFG shares after they reached a recent high and selling them one week later delivered moderate returns but underperformed the market. The strategy’s CAGR was 15.64%, trailing the benchmark by 42.39 percentage points. With a maximum drawdown of 0.00% and a Sharpe ratio of 0.46, the strategy had minimal risk but lacked sharp performance, as evidenced by its 33.93% volatility and -13.89% excess return.Citizens Financial Group reported strong financial performance in the second quarter of 2025, which is likely influencing its stock price. The company achieved a net income of $436 million with an earnings per share (EPS) of $0.92, reflecting a 19% increase in earnings compared to the previous year. This performance exceeded market expectations, contributing to the positive market sentiment surrounding the stock.
In addition to its earnings growth,
also reported a revenue of $2.04 billion for the quarter, marking a year-over-year increase of 3.8%. This revenue growth, combined with the company's strong earnings performance, has likely contributed to the recent surge in its stock price.Analysts have also shown a positive outlook for Citizens Financial Group, with the consensus price target for the stock increasing from $49 last year to $57. This upward revision in the price target reflects the market's confidence in the company's growth prospects and strategic initiatives.
Citizens Financial Group is implementing AI-led initiatives and other strategic changes to enhance customer service and operational efficiency. These technological advancements are expected to contribute to the company's growth momentum and further drive its stock price in the coming quarters.

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