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Citizens Financial Group, Inc. Reiterates Key Aspects of Capital Plan after Resubmission


Press release content from Business Wire. The AP news staff was not involved in its creation.
Citizens Financial Group, Inc. Reiterates Key Aspects of Capital Plan after Resubmission
December 18, 2020 GMT
PROVIDENCE, R.I. (BUSINESS WIRE) Dec 18, 2020
Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) today received the results of its 2020 Capital Plan resubmission and December 2020 Stress Test from the Board of Governors of the Federal Reserve System (the “Federal Reserve”). CFG’s results exceed all capital requirements under the Federal Reserve’s severe stress scenarios and the Company reiterates key aspects of its 2020 Capital Plan, which includes maintaining quarterly common dividends at the current level. ....

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