Citizens Financial Group Series E preferred shares upgraded to buy for 7.25% yield and discount to par.

Citizens Financial Group's preferred Series E shares have been upgraded to a buy rating due to their attractive yield of approximately 7.25% and significant discount to par value, which reduces call risk. In contrast, Series I and Series H preferred shares are rated hold because Series I offers a less compelling yield and moderate duration risk, while Series H lacks appeal both on a standalone and relative basis. The company's strong capital position, with a CET1 ratio around 10.5%, and solid dividend coverage support the credit quality of these preferred shares. In the current high interest rate environment, Series E presents a good opportunity for long-term income-focused investors willing to average down if prices fall.

As of Oct 18, 2026 19:11 WIB, Citizens Financial Group's common stock trades at USD 63.36 on Pluang, showing a slight decline of 0.11% over one day. The stock carries a dividend yield of 3.28%, which contrasts with the higher yield of about 7.25% on the Series E preferred shares highlighted in the news. With a market cap of $26.69 billion, the company remains a significant player in the financial sector, supporting the context for its preferred securities.