Key Takeaways Rocket Companies Q4 EPS of 11 cents beat estimates as revenues jumped 52% y/y.RKT posted $47.3B in closed loan originations and $41.6B in rate lock volume.Rocket Companies announced a three-year alliance with Compass to expand housing reach.Shares of Rocket Companies, Inc. (RKT) gained 8.1% in the after-market hours, following the release of its fourth-quarter and 2025 results. Adjusted earnings per share of 11 cents surpassed the Zacks Consensus Estimate by a penny. The bottom line grew signi ...

Citizens Financial Group, Inc. (NYSE:CFG) is one of the 10 best banking stocks to buy according to hedge funds. On January 23, Kevin Heal from Argus increased the firm’s price target on Citizens Financial Group, Inc. (NYSE:CFG) from $60 to $72. The analyst maintained his Buy rating on the shares, with an upside potential in the mid-teens. Citizens Financial Group, Inc. (CFG) Positioned to Capitalize on Structural Catalysts Argus shared its revision following the company’s stronger-than-expected fourth-q ...

Still, cybercrime is a financial security issue that many consumers are concerned about when debating whether online banking is safe. That can include hackers, identity theft and phishing. To combat this, online banks offer a number of extra security measures to protect your finances and maintain consumer trust.Instead of talking to bank tellers and bankers, you communicate with an online bank via phone, email, mobile app or online chat on the bank’s website.An online bank offers its services primarily thro ...

Key insight: Customer-satisfaction scores at superregional banks dropped 3% year over year, according to the American Customer Satisfaction Index's 2026 Finance Study.What's at stake: The dip created a gap in customer satisfaction between superregionals and the largest banks, which maintained their prior score.Supporting data: Overall, banks scored 80 out of 100 on customer satisfaction, which was stable from the previous year.Customer-satisfaction scores for superregional banks declined over the last year, ...

Citizens Financial Group Inc. (NYSE:CFG) is among the 15 Undervalued Momentum Stocks That Are Taking Off. According to a February 9 report from TipRanks, JPMorgan raised its price target on Citizens Financial Group Inc. (NYSE:CFG) to $71 from $62.50 while maintaining an Overweight rating, reflecting a constructive outlook on large-cap banks. The firm updated its sector assumptions to incorporate expectations of two rate cuts, while expecting long-term yields to “remain sticky with inflation concerns.” A ...

Core Insights - Citizens Financial Group (CFG) has agreed to acquire substantially all assets of Matrix Capital Markets Group, enhancing its advisory capabilities in the Downstream Energy & Convenience Retail sector [1][4][10] Acquisition Details - The acquisition will be executed by Citizens JMP Securities, LLC, a wholly owned subsidiary of CFG, and is expected to close in the first quarter of 2026, pending regulatory approvals [3] - The financial terms of the transaction have not been disclosed [3] Strategic Rationale - The acquisition aims to broaden CFG's advisory coverage and strengthen its ability to deliver tailored capital markets solutions by integrating Matrix's experienced bankers and client relationships [4] - This move is part of CFG's long-term strategy to diversify revenue streams beyond traditional lending, with a focus on generating fee-based income [5] Financial Performance - CFG's non-interest income rose 10% year over year to $2.39 billion in 2025, with projections for further growth of 6-8% in 2026 [5] - The acquisition is expected to enhance fee-based income and support revenue diversification and long-term growth [5] Industry Trends - The deal reflects a broader trend among regional banks to expand their capital markets and advisory platforms for revenue diversification [6] - Similar acquisitions in the industry, such as Huntington Bancshares acquiring strategic business units from Janney Montgomery Scott, highlight the focus on scaling advisory operations [6] CFG's Previous Acquisitions - CFG has a history of expanding its advisory business through strategic acquisitions, including JMP Group in 2021 and Bowstring Advisors in 2019 [7] - The company has also pursued broader growth initiatives, such as acquiring Investors Bancorp and branches from HSBC Holdings, to strengthen its market presence [8] Market Performance - Over the past six months, CFG's shares have increased by 34.5%, outperforming the industry's growth of 18.6% [11]

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Matrix Capital Markets Group, an advisory firm focused on the energy and convenience retail sectors, has been acquired by banking company Citizens Financial Group, according to a Tuesday announcement. Matrix has advised retailers on more than 70 M&A transactions since 2021, including Jernigan Oil when it was bought by Sunoco, C&J Cox Corporation when it sold itsel ...

Swimmer also described a shift in coverage strategy: Citizens has moved from a geographically oriented model toward an industry-focused approach, while expanding its middle-market presence into Florida, California, and New York City. He said the bank had previously been cautious about entering markets without a broader platform presence, but that hiring talent from First Republic in California and Florida, as well as building New York coverage through the Investors and HSBC branch acquisitions, gave the ban ...

Summary of Infosys Investor AI Day - February 17, 2026 Company Overview - **Company**: Infosys (NYSE: INFY) - **Event**: 2026 Investor AI Day - **Location**: Bengaluru campus Key Industry Insights AI Transition - The current AI transition is fundamentally different from previous technology shifts due to its speed and impact on business operations [4][6][7] - Historical context shows that previous transitions (e.g., PCs, cloud) took longer to reach mass adoption compared to AI, which is rapidly gaining users due to existing infrastructure [5][6] - The AI transition requires a complete overhaul of business operations, moving beyond mere technological upgrades to a fundamental change in how businesses operate [7][8] Legacy System Modernization - Companies can no longer defer the modernization of legacy systems; many are spending 60%-80% of their IT budgets on maintaining outdated systems [9][10] - The need for modernization is driven by financial inefficiencies and increasing security threats [10][11] - AI provides tools for rapid and cost-effective modernization, presenting a significant opportunity for firms like Infosys [11] Deployment Gap - There exists a "deployment gap" where the rapid advancement of AI technology outpaces the ability of enterprises to implement it effectively [17][18] - This gap highlights the need for organizational change, retraining, and a shift in data management practices [17][19] Core Business Strategies AI Services Opportunity - Infosys is actively engaged in AI projects with 90% of its large clients, indicating a robust demand for AI services [32][33] - The company has identified six key areas for growth in AI services: AI strategy and engineering, data for AI, process transformation, legacy modernization, physical AI, and AI trust [36][37] AI-First Value Framework - Infosys has developed an AI-first value framework to guide its service offerings, which includes a detailed breakdown of 30 offerings and 100 sub-offerings [37][38] - The framework emphasizes the integration of AI into existing business processes to drive efficiency and innovation [39] Talent Transformation - Infosys is focusing on reskilling its workforce to meet the demands of AI integration, having recruited 20,000 college graduates in the current year [44][45] - The company aims to build a workforce that is both technically skilled and capable of reimagining workflows [54] Financial Performance - AI services currently represent 5.5% of Infosys's revenue in Q3, with expectations for robust growth in this segment [37] Challenges and Considerations Complexity of AI Integration - Integrating AI into enterprises is complex and requires a deep understanding of existing systems and processes [48][49] - Successful AI implementation involves not just technology but also a cultural shift within organizations [50][51] Unique Client Context - Each enterprise has unique data, processes, and risks, which means AI solutions must be tailored to individual client contexts [52] - Infosys's approach focuses on leveraging its deep client relationships and industry knowledge to unlock value [52] Conclusion - The AI transition presents both challenges and significant opportunities for Infosys and its clients, necessitating a strategic approach to modernization, talent transformation, and AI integration [27][28]

Core Viewpoint - Citizens Financial (CFG) is experiencing strong performance with significant stock appreciation and positive analyst sentiment, indicating a favorable investment opportunity in the retail banking sector [2][6]. Company Overview - Established in 1828, Citizens Financial is valued at $28.7 billion and is one of the largest retail bank holding companies in the U.S. [1] - The company offers a range of retail and commercial banking products and services across New England, Mid-Atlantic, and Midwest regions [1]. Stock Performance - CFG shares have increased by 45% over the past year and are currently trading at $65.20, with a recent all-time high of $68.79 [6][7]. - The stock has shown strong technical momentum, maintaining a 100% "Buy" opinion from Barchart, and has gained 11.2% over the past month [6][7]. Technical Indicators - CFG has a Weighted Alpha of +53.56 and a Relative Strength Index (RSI) of 57.12, indicating strong momentum [7]. - The stock's 50-day moving average is $60.98, with a technical support level around $65.71 [7]. Financial Projections - Revenue and earnings are expected to grow by 32.60% this year and an additional 22.97% next year [8]. - The stock has a trailing price-earnings ratio of 17.45x and a dividend yield of 2.77% [7][8].