Citizens Financial Group is a bank holding company and a financial holding company. Through its banking subsidiary, Citizens Bank, National Association, Co. manages its business through two business segments: Consumer Banking, which provides deposit products, mortgage and home equity lending, credit cards, business loans, wealth management and investment services; and Commercial Banking, which provides lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets capabilities. We show 36 historical shares outstanding datapoints in our CFG shares outstanding history coverage, used to compute CFG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CFG market cap history over the course of time is important for investors
interested in comparing CFG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CFG versus a peer is one thing; comparing
CFG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CFG can fluctuate over the course of history.
With this page we aim to empower investors researching CFG by allowing them to research the CFG market cap history. |
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Video: The Importance of Market Cap
