CFG - Citizens Financial: Solid Dividend And Discount
2024-04-18 13:41:09 ET
Summary
- Citizens Financial Group is a bank holding company that offers banking products and services in 14 states.
- This is a profitable business managed by a company with adequate liquidity and conservative lending practices.
- But most importantly, its shares are trading at an unjustified discount to its book value and the current price has resulted in an attractive but safe dividend yield.
Citizens Financial Group, Inc. ( CFG ), incorporated in 1984 and headquartered in Providence, Rhode Island, is a bank holding company that through its subsidiaries offers banking products and services to individuals and businesses in 14 states. ...
Citizens Financial: Solid Dividend And Discount