Citizens Financial Group (CFG) has moved to redeem several series of its subordinated notes on February 11, 2026. This capital structure decision can reshape how equity investors view its funding mix and flexibility.

The upcoming note redemptions land at a time when momentum in Citizens Financial Group’s shares has been strong, with a 30.40% 90 day share price return and a 49.09% 1 year total shareholder return, signalling that sentiment around its financial profile has been improving.

If this capital move has you thinking more broadly about financials, it could be worth scanning our screener of 22 top founder-led companies to see which other businesses are catching attention.

With Citizens Financial Group trading at US$68.12, sitting about 6% below the US$72.28 analyst price target and with an estimated 36% intrinsic discount, you have to ask: is there still value here, or is the market already baking in future growth?

Most Popular Narrative: 21.4% Undervalued

At $68.12, Citizens Financial Group sits below the $86.72 fair value set out in the most followed narrative, which frames the upside through earnings and margin assumptions rather than short term trading.

Citizens Financial is currently $43.60. They will be releasing their quarterly report tomorrow morning during Pre-Market. Currently up 30.96% for the year, and 13.61% out of the last three months. Known for major spikes during the releases of their reports. Here at The Daily Investors, we are expecting a Beat tomorrow. The current estimate is +.79 cents. We are estimating a gain of around +.83 cents. Their last earnings release proved that their company is making a turn around. Several technical signals are showing a positive up trend turning around from their previous two beats. With the economy growing better on a monthly basis, expect to see another leap ahead to join with their fellow banking peers.

Want to see what justifies that higher fair value, even after the recent share price strength? The narrative leans on firm revenue expansion, improving margins, and a richer future earnings multiple than the market is currently assigning. Curious how those moving parts fit together into that $86.72 figure and 21.4% discount call? The full story is in the detailed narrative.

Result: Fair Value of $86.72 (UNDERVALUED)

However, this hinges on revenue and margin assumptions playing out as expected, and on valuation multiples not compressing if investor appetite for bank stocks cools.

Another View: Earnings Multiple Tells a Different Story

That 21.4% undervaluation call sits alongside a very different signal from the P/E ratio. At 17.3x earnings, Citizens Financial Group trades above the US Banks industry at 12x, above peers at 13.4x, and even above its own 16.9x fair ratio. In plain terms, the share price already reflects a richer earnings tag than many banks carry. This raises the question: is the discount to fair value as clear cut as it first looks?

Build Your Own Citizens Financial Group Narrative

If you see the numbers differently, or prefer to test your own assumptions against the data, you can build a custom view in a few minutes by starting with Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Citizens Financial Group.

Looking for more investment ideas?

If Citizens Financial Group has sharpened your thinking, do not stop here. Use the screener to spot other opportunities that could suit your portfolio.

• Target rock solid balance sheets by checking out our solid balance sheet and fundamentals stocks screener (45 results), filtered for companies with financial strength front and center.
• Hunt for potential mispricing with our 52 high quality undervalued stocks, focused on businesses where fundamentals and current prices appear out of sync.
• Spot potential early stage opportunities through our 24 elite penny stocks with strong financials, highlighting smaller names that meet specific quality and financial criteria.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.