<p>一项大幅增强的股票回购计划以及美联储最新银行业压力测试的良好结果提升了地区贷方 <strong>Citizens Financial Group</strong>(CFG 1.45%) 在六月份的股价。在这个月中，投资者对该银行的股票交易上涨了近 11%。</p>
<h2>并不那么紧张</h2>
<p>这波反弹基本上始于本月中旬，当时 Citizens 宣布了股票回购的消息。令股东满意的是，公司表示将通过增加 12 亿美元来增强现有计划。由于之前授权的 3 亿美元仍未使用，因此新的总额为 15 亿美元。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQwODAvcGVyc29uLWhvbGRpbmctcGF5bWVudC1jYXJkLXdoaWxlLXVzaW5nLWEtbGFwdG9wLXBjLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQwODAvcGVyc29uLWhvbGRpbmctcGF5bWVudC1jYXJkLXdoaWxlLXVzaW5nLWEtbGFwdG9wLXBjLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<p>对于市值不足 210 亿美元的股票来说，这是一笔可观的资金，应该会对股价产生积极影响。</p>
<p>在月底，行业内发生了一项更为关键的发展，即压力测试。对于不熟悉的人来说，这是一系列年度分析，主要美国银行会接受测试，以查看它们在不利经济条件下的表现，其中一些条件相当严峻。</p>
<p>如同以往，这些受到审查的机构——包括四大美国贷方 <strong>美国银行</strong>、<strong>摩根大通</strong>、<strong>富国银行</strong> 和 <strong>花旗银行</strong>——表现相当不错。所有 22 家银行都通过了测试，尽管有一个前提条件，即今年的测试比以往的轮次要宽松。</p>
<p>Citizens Financial 的规模不足以每年经历这样的考验，而是每两年测试一次，2025 年它获得了豁免。不过，在 22 家接受测试的银行中，仍有几家与其相似的地区银行。总体而言，良好的结果被解读为该国中型和大型银行普遍表现良好，并且在最坏的情况下可能能够应对灾难。</p>
<h2>一个好公民？</h2>
<p>我不责怪 Citizens Financial 的投资者——或市场上任何其他同规模的银行——对压力测试结果的积极反应。尽管最近经济有些波动，但我们的经济表现良好，而更优秀贷方的聪明和有纪律的做法在这一点上是至关重要的。</p>
<p>话虽如此，我对 Citizens Financial 最近的表现并不感到兴奋。在其第一季度，收入基本持平，公司季度末的存款数字也没有变化。尽管非利息收入的增长使得净利润同比增长 12% 至 3.74 亿美元，但平均贷款和租赁却下滑。在我看来，如今更大的银行具有更好的潜力。</p>

<p>Citizens Financial Group 的股票在 6 月份上涨了近 11%，这得益于其股票回购计划增加了 12 亿美元，以及美联储银行压力测试的积极结果。总的回购授权现在为 15 亿美元。尽管压力测试表明美国主要银行具有韧性，但 Citizens Financial 最近的表现显示收入停滞和贷款下降，这引发了人们对其与大型银行相比的增长潜力的担忧</p>

<p>A seriously bulked-up share repurchase plan and good results of the Federal Reserve's latest banking industry stress test improved the share price of regional lender <strong>Citizens Financial Group</strong>(CFG 1.45%) in June. Over the course of the month, investors traded the bank's stock up by nearly 11% in reaction to this.</p>
<div class="lb-trans"><p>一项大幅增强的股票回购计划以及美联储最新银行业压力测试的良好结果提升了地区贷方 <strong>Citizens Financial Group</strong>(CFG 1.45%) 在六月份的股价。在这个月中，投资者对该银行的股票交易上涨了近 11%。</p>
</div><h2>Not so stressed</h2>
<div class="lb-trans"><h2>并不那么紧张</h2>
</div><p>The rally basically started in the middle of the month, when Citizens announced that stock buyback news. To the satisfaction of its shareholders, the company said it would bolster the existing program by a hefty $1.2 billion. As there was $300 million remaining from the previous authorization, granted in June 2024, the new total is $1.5 billion.</p>
<div class="lb-trans"><p>这波反弹基本上始于本月中旬，当时 Citizens 宣布了股票回购的消息。令股东满意的是，公司表示将通过增加 12 亿美元来增强现有计划。由于之前授权的 3 亿美元仍未使用，因此新的总额为 15 亿美元。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQwODAvcGVyc29uLWhvbGRpbmctcGF5bWVudC1jYXJkLXdoaWxlLXVzaW5nLWEtbGFwdG9wLXBjLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F824080%2Fperson-holding-payment-card-while-using-a-laptop-pc.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>For a stock with a sub-$21 billion market cap, that's substantial, and it should have a positive impact on the share price.</p>
<div class="lb-trans"><p>对于市值不足 210 亿美元的股票来说，这是一笔可观的资金，应该会对股价产生积极影响。</p>
</div><p>A more critical, industrywide development occurred at the end of the month with the stress tests. For those unfamiliar, these are an annual set of analyses in which major U.S. banks are tested to see how they would weather adverse economic conditions, some of which are quite drastic.</p>
<div class="lb-trans"><p>在月底，行业内发生了一项更为关键的发展，即压力测试。对于不熟悉的人来说，这是一系列年度分析，主要美国银行会接受测试，以查看它们在不利经济条件下的表现，其中一些条件相当严峻。</p>
</div><p>As has become the norm, the institutions under the microscope -- which include the &#34;big four&#34; American lenders, <strong>Bank of America</strong>, <strong>JPMorgan Chase</strong>, <strong>Wells Fargo</strong>, and <strong>Citigroup</strong> -- did quite well. All 22 passed their tests, albeit with the caveat that this year's edition was less rigorous than previous rounds.</p>
<div class="lb-trans"><p>如同以往，这些受到审查的机构——包括四大美国贷方 <strong>美国银行</strong>、<strong>摩根大通</strong>、<strong>富国银行</strong> 和 <strong>花旗银行</strong>——表现相当不错。所有 22 家银行都通过了测试，尽管有一个前提条件，即今年的测试比以往的轮次要宽松。</p>
</div><p>Citizens Financial isn't sizable enough to go through this wringer annually, instead it's tested every two years, and in 2025 it got a break. Still, there were several regional banks not unlike itself among the 22 tested. All in all, the good results were taken to mean that mid- and large-sized banks in this country are generally doing well, and in the worst-case scenarios can probably cope with catastrophe.</p>
<div class="lb-trans"><p>Citizens Financial 的规模不足以每年经历这样的考验，而是每两年测试一次，2025 年它获得了豁免。不过，在 22 家接受测试的银行中，仍有几家与其相似的地区银行。总体而言，良好的结果被解读为该国中型和大型银行普遍表现良好，并且在最坏的情况下可能能够应对灾难。</p>
</div><h2>A good Citizen?</h2>
<div class="lb-trans"><h2>一个好公民？</h2>
</div><p>I don't blame investors of Citizens Financial -- or any other bank of its size on this market -- for reacting positively to the stress test results. Despite some cuts and scrapes lately, our economy has been performing well, and the smart and disciplined approach of its better lenders is an ever-important factor in this.</p>
<div class="lb-trans"><p>我不责怪 Citizens Financial 的投资者——或市场上任何其他同规模的银行——对压力测试结果的积极反应。尽管最近经济有些波动，但我们的经济表现良好，而更优秀贷方的聪明和有纪律的做法在这一点上是至关重要的。</p>
</div><p>Having said that, I'm not all that excited about Citizen Financial's performance recently. In its first quarter revenue was essentially stagnant, as was the company's end-quarter deposits figure. And average loans and leases slumped, even as a bump in non-interest income pushed headline net profit 12% higher to $374 million. To me, it's the larger banks that have better potential these days.</p>
<div class="lb-trans"><p>话虽如此，我对 Citizens Financial 最近的表现并不感到兴奋。在其第一季度，收入基本持平，公司季度末的存款数字也没有变化。尽管非利息收入的增长使得净利润同比增长 12% 至 3.74 亿美元，但平均贷款和租赁却下滑。在我看来，如今更大的银行具有更好的潜力。</p>
</div>

Why Citizens Financial Group Stock Soared in June

- Citizens Financial Group 在 6 月份股价上涨近 11%。  
- 公司宣布增持 12 亿美元的股票回购计划，提升市场信心。  
- 联邦储备的压力测试结果显示大部分银行表现良好，增强了行业稳定性。

为什么 Citizens Financial Group 的股票在六月大幅上涨