Citizens Financial Group Slips to 496th in Trading Volume with 1.66 Billion Shares Traded

On April 17, 2025, Citizens Financial Group, Inc. (CFG) experienced a significant decline in trading volume, with a total of 1.66 billion shares traded, marking a 46.58% decrease from the previous day. This placed CFG at the 496th position in terms of trading volume for the day. The stock price of CFG also decreased by 0.03%, marking the second consecutive day of decline, with a total decrease of 1.80% over the past two days.

Citizens Financial Group, Inc. reported a net income of $373 million for the first quarter of 2025, with earnings per share (EPS) of $0.77. The company maintained a strong Common Equity Tier 1 (CET1) ratio of 10.6% and a loan-to-deposit ratio (LDR) of 77.5%. The quarter saw a decrease in pre-provision net revenue (PPNR) by 9% quarter-over-quarter, influenced by a decline in net interest income and fees, alongside a slight increase in expenses due to seasonal impacts. A significant strategic move was the agreement to sell approximately $1.9 billion of non-core education loans, which is expected to enhance liquidity and capital. Despite a slight decrease in period-end loans, core loans increased by 1% quarter-over-quarter, and spot deposits rose by 2%, driven by growth in private banking. Looking forward, the management remains optimistic about navigating future challenges, citing strong business positioning and financial discipline as key strengths.