Citizens Financial Group, Inc. Overview
Citizens Financial Group, Inc. operates as a bank holding company, offering a wide range of retail and commercial banking products and services across the United States. Serving individuals, small businesses, corporations, and institutions, the company is structured into two primary segments.
Business Segments
- Consumer Banking - Provides deposit products, mortgage and home equity loans, credit cards, business loans, wealth management, and investment services. This segment also includes digital deposit products and education/point-of-sale financing. Customers are served via phone centers, online platforms, and mobile apps.
- Commercial Banking - Delivers lending, leasing, treasury management, foreign exchange, and risk management solutions. Additional services include syndicated loans, corporate finance, M&A advisory, and capital markets support. Key sectors served include multi-family, office, industrial, retail, healthcare, and hospitality.
Company Background
Originally known as RBS Citizens Financial Group, Inc., the company rebranded to Citizens Financial Group, Inc. in April 2014. Founded in 1828, it is headquartered in Providence, Rhode Island.