08/24/2016

Citizens Financial Group, Inc. Declares Semi-Annual Dividend on Preferred Stock

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG) today announced that its board of directors declared a semi-annual dividend on CFG’s 5.500% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A. A dividend of $27.50 per share is payable on October 6, 2016 to shareholders of record at the close of business on September 21, 2016.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $145.2 billion in assets as of June 30, 2016. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. In Consumer Banking, Citizens helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid-Atlantic and Midwest regions.

Citizens also provides wealth management, mortgage lending, auto lending, student lending and commercial banking services in select markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance.

Citizens operates through its subsidiaries Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.

CFG-IR

Citizens Financial Group, Inc.
Media:
Frank Quaratiello, 617-725-5851
or
Investors:
Ellen A. Taylor, 203-900-6854

Source: Citizens Financial Group, Inc.