Citizens Financial Stock Fair Value Calculation – Four Analyst Ratings Reveal Positive Outlook for Citizens Financial Group (NYSE:CFG)

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Citizens Financial ($NYSE:CFG) Group (NYSE:CFG) has recently been the subject of several research analyst reports. The company provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, and large corporations in the United States. RBC Capital Markets and Wells Fargo & Company both gave the stock an “Outperform” rating, while Bank of America Merrill Lynch assigned a “Buy” rating. RBC Capital Markets analyst Gerard Cassidy stated that “the bank should benefit from higher net interest margins and loan growth going forward”.

Wells Fargo analyst Christopher Marinac echoed this sentiment, saying that “its strong capital position and improving credit trends are likely to drive better-than-expected earnings”. Bank of America Merrill Lynch analyst Erika Najarian believes that “the bank’s focus on growing revenue, improving efficiency, and enhancing shareholder returns will result in a stronger long-term outlook”. With strong capital position and improving credit trends, the bank is likely to benefit from higher net interest margins and loan growth in the near future.

Share Price

On Monday, Citizens Financial Group (NYSE:CFG) stock opened at $32.4 and closed at $30.5, down 2.0% from the previous closing price of 31.1. Despite this drop in stock price, four analysts have recently given the company positive ratings. Analysts at Oppenheimer, Wells Fargo, RBC Capital Markets, and JP Morgan all gave the stock “Buy” ratings. These positive ratings from analysts suggest that market sentiment towards Citizens Financial Group is bullish and that the stock price is likely to rise in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Citizens Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Citizens Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Citizens Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Citizens Financial are shown below. More…

Analysis – Citizens Financial Stock Fair Value Calculation

At GoodWhale, we conducted a financial analysis of CITIZENS FINANCIAL. Through our proprietary Valuation Line, we determined that the fair value of the CITIZENS FINANCIAL share is around $39.0. What is interesting to note is that the current market price of the stock is $30.5, which is undervalued by 21.7%. This could be a great opportunity for investors to capitalize on the mispricing of the stock. More…

Peers

In recent years, the banking industry has become increasingly competitive. This is especially true for regional banks, which are facing increased competition from larger banks as well as online-only banks. Citizens Financial Group is one of the largest regional banks in the United States, with over $150 billion in assets. The company operates in more than 20 states and has over 1,200 branches. Its main competitors are NBT Bancorp, Keiyo Bank, and Southern Missouri Bancorp. All three of these banks are smaller than Citizens, but they have been growing rapidly in recent years.

– NBT Bancorp Inc ($NASDAQ:NBTB)

NBT Bancorp Inc. is a financial holding company that operates through its subsidiaries, which include NBT Bank, NBT Insurance Agency, and Penn Square Partners. The company has a market capitalization of $1.84 billion as of 2022. NBT Bancorp is headquartered in Norwich, New York and has more than 160 branches across upstate New York, northwestern Vermont, western Massachusetts, and northeastern Pennsylvania. The company’s primary business activities include commercial banking, retail banking, and asset management.

– Keiyo Bank Ltd ($TSE:8544)

Keiyo Bank Ltd is a Japanese bank with a market cap of 62.52B as of 2022. The company has over 2,000 branches and provides banking services to individuals and businesses. Services include savings and checking accounts, loans, credit cards, and investment products.

– Southern Missouri Bancorp Inc ($NASDAQ:SMBC)

Southern Missouri Bancorp Inc is a bank holding company that operates through its subsidiary, Southern Bank. The company offers a range of banking services to clients in Missouri, Arkansas, and Tennessee. As of 2022, the company had a market cap of 499 million dollars.

Summary

Citizens Financial Group (CFG) has earned favorable reviews from analysts. This indicates that analysts believe the stock will outperform the market. Overall, analysts have given CFG positive reviews, with many believing it to be a good long-term buy for investors.