10:50 AM EDT, 10/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our target price by $7 to $68, 13.1x our 2026 EPS estimate, above CFG's five-year forward average of 10.1x given improving credit quality and momentum in its Private Bank. We decrease our 2025 EPS view by $0.03 to $3.88 and bump up 2026's by $0.03 to $5.18. CFG maintained its strong 2025 performance through Q3, delivering improved credit quality and expanding margins. The bank has significantly reduced its commercial real estate office loan exposure by 40% since early 2023, positioning it for continued credit improvement in the coming quarters. Q3 represented a pivotal moment for growth, with loan balances increasing sequentially for the first time in eleven quarters. As CFG's Private Bank builds momentum, we anticipate the bank's balance sheet growth will shift from underperforming peers to outperforming them. Reflecting confidence in its improving earnings trajectory, CFG raised its dividend by 9% to $0.46 per share, a notable increase given the dividend had remained unchanged since mid-2022.