Truist Securities lowers Citizens Financial Group price target to $77

0 min read | Published on 23 Sept 2026, 09:40 PM |Updated on 23 Sept 2026, 09:40 PM

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Riya DScanX News Team

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Key Highlights

Truist Securities lowered the price target for Citizens Financial Group from $80 to $77
Analyst Brian Foran maintained a Hold rating on the stock
The price target reduction represents a $3 decrease in expected value

*this image is generated using AI for illustrative purposes only.

Truist Securities analyst Brian Foran has lowered the price target for Citizens Financial Group (NYSE: CFG) from $80 to $77, while maintaining a Hold rating on the stock.

The adjustment reflects a modest reduction in valuation expectations for the bank holding company. No specific financial metrics or operational drivers were cited in the brief analyst note regarding the change in target.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the broader regional banking sector's credit quality trends influence Citizens Financial Group's future valuation adjustments?

What impact could upcoming Federal Reserve interest rate decisions have on the net interest margin outlook for Citizens Financial Group?

Will other analysts revise their price targets for CFG in response to this downgrade, potentially triggering a shift in institutional investor sentiment?

Citizens Financial Group raises prime lending rate to 7.00% from 6.75%

0 min read | Published on 17 Sept 2026, 03:13 AM |Updated on 17 Sept 2026, 03:13 AM

Reviewed by

Suketu GScanX News Team

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Key Highlights

Prime lending rate increased to 7.00% from 6.75%
Change effective September 17, 2026
Represents a 25 basis point hike
Bank holds $233.8 billion in assets as of June 30, 2026

*this image is generated using AI for illustrative purposes only.

Citizens Financial Group, Inc. (NYSE: CFG) announced that Citizens Bank, N.A. has increased its prime lending rate to 7.00% from 6.75%. The change is effective Thursday, September 17, 2026.

The 25 basis point increase affects variable-rate loans tied to the prime index, including credit cards and home equity lines of credit.

Rate Adjustment Details

Metric	Previous Rate	New Rate	Effective Date
Prime Lending Rate	6.75%	7.00%	September 17, 2026

About Citizens Financial Group

Citizens Financial Group is one of the nation’s oldest and largest financial institutions, with $233.8 billion in assets as of June 30, 2026. Headquartered in Providence, Rhode Island, the bank offers retail, private banking, wealth management, and commercial banking products.

Its Consumer Banking division provides mobile and online banking, a full-service contact center, and access to approximately 3,000 ATMs and 1,000 branches across 14 states and the District of Columbia. Commercial Banking services include lending, treasury management, and capital markets capabilities.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Will other major regional banks follow Citizens Financial Group's lead in raising their prime lending rates?

How might this 25 basis point increase impact consumer spending and credit card delinquency rates in the coming quarters?

Does this rate hike signal that the Federal Reserve's monetary tightening cycle is further from its end than previously anticipated?