Citizens Financial Group Inc

NYSE:CFG   3:59:59 PM EDT
45.91
+0.32 (+0.70%)
Other Pre-Announcement, Mergers / Acquisitions

Citizens Financial Group, Inc. To Acquire HSBC East Coast Branches And National Online Deposit Business

Published: 05/26/2021 23:00 GMT
Citizens Financial Group Inc (CFG) - Citizens Financial Group, Inc. to Acquire Hsbc East Coast Branches and National Online Deposit Business.
Citizens Financial Group Inc - Will Acquire Approximately $9.0 Billion in Deposits and Approximately $2.2 Billion in Loans.
Citizens Financial Group Inc - Transaction is Expected to Be Immediately Accretive to Citizens' Earnings per Share.
Citizens Financial Group Inc - Transaction Expected to Generate an Internal Rate of Return of Approximately 20 Percent.