Citizens Bank, founded in 1828 and headquartered in Providence, Rhode Island, is a prominent regional bank dedicated to providing a wide range of financial services to individual and business customers. Offering products including personal and commercial banking, wealth management, and home loans, Citizens Bank aims to enhance the financial wellness of its customers through accessible and innovative solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CFG 3.75% 2026-02-18 USDCitizens Bank | United States | 2026-02-18 | 3.750 | 4.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Citizens Bank has a robust history of bond issuances, with its first bonds introduced in the late 1980s. Significant milestones include a $500 million bond issuance in 2020 to support capital needs, which saw strong investor interest amid low interest rates, leading to a favorable yield spread compared to industry averages. Currently, their bonds are enjoying yields that are competitive within the retail banking sector, highlighting the bank's stability and investor confidence, bolstered by recent awards for sustainable finance efforts.