10 years of strong & steady growth: Celebrating Citizens’ IPO Anniversary

Citizens 10 years of strong and steady growth

Proud of our progress, well positioned for the future

Chief Executive Officer Bruce Van Saun joins Citizens colleagues, customers and community partners in reflecting on 10 years of growth and impact.

A decade of success

To commemorate this event, Chairman and CEO Bruce Van Saun rang the closing bell inside the New York Stock Exchange. Outside, we invited New Yorkers to join us for a block party featuring vendors and artists from our local community partners, including Queens Night Market, Think!Chinatown, and Artists for Humanity. We're proud to have shared this moment with our customers, colleagues, and communities and look forward to the next 10 years of strong and steady growth.

67% asset growth since IPO

 

$176B in deposits*

 

~50% lift in market cap**

 

More than 232K volunteer hours in 2023

 

The Citizens Story – Making History

Laying the foundation

1828: High Street Bank is established in Providence, Rhode Island.

1871: High Street Bank establishes its own savings bank, Citizens Savings Bank.

1981: Citizens grows to 29 branches in Rhode Island with approximately $1B of assets.

1988: Citizens becomes a wholly-owned subsidiary of RBS Group.

Expanding our footprint

1990: Citizens acquires Bank of New England.

2000: Citizens acquires U.S. Trust Corporation.

2002: Citizens acquires Medford Bancorp Inc.

2003: Citizens acquires Commonwealth Bancorp Inc. and Port Financial Corp.

2004: Citizens acquires Charter One Financial Inc.

2007: Citizens acquires GreatBanc Inc.

A decade of transformation

2014: Citizens Financial Group (NYSE: CFG) successfully completes the largest commercial bank IPO in U.S. history.

2018: Citizens acquires Franklin American Mortgage Company and Clarfeld Financial Advisors. Citizens Access is introduced as a nationwide, direct-to-consumer digital bank.

2021: Citizens acquires JMP Group and purchases HSBC’s retail branches on the East Coast.

2022: Citizens purchases DH Capital and completes the acquisition of Investors Bancorp.

2023: Citizens launches Citizens Private Bank, serving high-net-worth individuals, families and businesses.

2024: Citizens celebrates its 10-year IPO Anniversary

Investor Insights

Learn about Citizens’ latest financial news, shareholder information, events and filings.

Our Impact

We’re committed to build a more sustainable future for all those we serve.

Giving Back

See how Citizens is committed to strengthening our communities through employee volunteering and charitable sponsorships.

© Citizens Financial Group, Inc. All rights reserved. Citizens is a brand name of Citizens Bank, N.A. Member FDIC

* $176B in deposits as of 6/30/2014.

** ~50% lift in market cap as of 9/10/2024.

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