Citizens Financial Group Inc (FRA:1C5)
€ 40.605 -1.08 (-2.59%) Market Cap: 18.41 Bil Enterprise Value: 22.74 Bil PE Ratio: 17.17 PB Ratio: 0.85 GF Score: 72/100

Citizens Financial Group Inc at KBW Winter Financial Services Conference Transcript

Feb 13, 2020 / 04:30PM GMT
Release Date Price: €35.6
Brian Paul Klock
Keefe, Bruyette, & Woods, Inc., Research Division - MD

All right. Good morning, and thanks, everyone, for being here. It's our last presentation this morning before lunch. I'm -- it's my pleasure to have Citizens Financial Group here today. Citizens Financial is my best idea. I have not performed rating on the stock. So I guess, its ability to grow revenues faster than peers and to keep and protect against downside risk from those challenging rate environment we're in. Number two, also they have self-help levers, those top initiatives, which our guests will talk about a little bit today. And then third, you look at the stock's trading about half a multiple discount to the group, so I think it's got a very attractive valuation. So we're not going to talk about the stock rate here, but I think a lot of discussions I've had with investors over the last few years is technology and how can banks keep up with the bigger banks and spending and all those kind of things.

So it's my pleasure to have with us today -- so Michael Ruttledge is here. He is the Chief Information Officer and

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