<p>一項大幅增強的股票回購計劃以及美聯儲最新銀行業壓力測試的良好結果提升了地區貸方 <strong>Citizens Financial Group</strong>(CFG 1.45%) 在六月份的股價。在這個月中，投資者對該銀行的股票交易上漲了近 11%。</p>
<h2>並不那麼緊張</h2>
<p>這波反彈基本上始於本月中旬，當時 Citizens 宣佈了股票回購的消息。令股東滿意的是，公司表示將通過增加 12 億美元來增強現有計劃。由於之前授權的 3 億美元仍未使用，因此新的總額為 15 億美元。</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>圖片來源：Getty Images。</p>
<p>對於市值不足 210 億美元的股票來説，這是一筆可觀的資金，應該會對股價產生積極影響。</p>
<p>在月底，行業內發生了一項更為關鍵的發展，即壓力測試。對於不熟悉的人來説，這是一系列年度分析，主要美國銀行會接受測試，以查看它們在不利經濟條件下的表現，其中一些條件相當嚴峻。</p>
<p>如同以往，這些受到審查的機構——包括四大美國貸方 <strong>美國銀行</strong>、<strong>摩根大通</strong>、<strong>富國銀行</strong> 和 <strong>花旗銀行</strong>——表現相當不錯。所有 22 家銀行都通過了測試，儘管有一個前提條件，即今年的測試比以往的輪次要寬鬆。</p>
<p>Citizens Financial 的規模不足以每年經歷這樣的考驗，而是每兩年測試一次，2025 年它獲得了豁免。不過，在 22 家接受測試的銀行中，仍有幾家與其相似的地區銀行。總體而言，良好的結果被解讀為該國中型和大型銀行普遍表現良好，並且在最壞的情況下可能能夠應對災難。</p>
<h2>一個好公民？</h2>
<p>我不責怪 Citizens Financial 的投資者——或市場上任何其他同規模的銀行——對壓力測試結果的積極反應。儘管最近經濟有些波動，但我們的經濟表現良好，而更優秀貸方的聰明和有紀律的做法在這一點上是至關重要的。</p>
<p>話雖如此，我對 Citizens Financial 最近的表現並不感到興奮。在其第一季度，收入基本持平，公司季度末的存款數字也沒有變化。儘管非利息收入的增長使得淨利潤同比增長 12% 至 3.74 億美元，但平均貸款和租賃卻下滑。在我看來，如今更大的銀行具有更好的潛力。</p>

<p>Citizens Financial Group 的股票在 6 月份上漲了近 11%，這得益於其股票回購計劃增加了 12 億美元，以及美聯儲銀行壓力測試的積極結果。總的回購授權現在為 15 億美元。儘管壓力測試表明美國主要銀行具有韌性，但 Citizens Financial 最近的表現顯示收入停滯和貸款下降，這引發了人們對其與大型銀行相比的增長潛力的擔憂</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>一項大幅增強的股票回購計劃以及美聯儲最新銀行業壓力測試的良好結果提升了地區貸方 <strong>Citizens Financial Group</strong>(CFG 1.45%) 在六月份的股價。在這個月中，投資者對該銀行的股票交易上漲了近 11%。</p>
</div><h2>Not so stressed</h2>
<div class="lb-trans"><h2>並不那麼緊張</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>這波反彈基本上始於本月中旬，當時 Citizens 宣佈了股票回購的消息。令股東滿意的是，公司表示將通過增加 12 億美元來增強現有計劃。由於之前授權的 3 億美元仍未使用，因此新的總額為 15 億美元。</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>圖片來源：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>對於市值不足 210 億美元的股票來説，這是一筆可觀的資金，應該會對股價產生積極影響。</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，行業內發生了一項更為關鍵的發展，即壓力測試。對於不熟悉的人來説，這是一系列年度分析，主要美國銀行會接受測試，以查看它們在不利經濟條件下的表現，其中一些條件相當嚴峻。</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，這些受到審查的機構——包括四大美國貸方 <strong>美國銀行</strong>、<strong>摩根大通</strong>、<strong>富國銀行</strong> 和 <strong>花旗銀行</strong>——表現相當不錯。所有 22 家銀行都通過了測試，儘管有一個前提條件，即今年的測試比以往的輪次要寬鬆。</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 的規模不足以每年經歷這樣的考驗，而是每兩年測試一次，2025 年它獲得了豁免。不過，在 22 家接受測試的銀行中，仍有幾家與其相似的地區銀行。總體而言，良好的結果被解讀為該國中型和大型銀行普遍表現良好，並且在最壞的情況下可能能夠應對災難。</p>
</div><h2>A good Citizen?</h2>
<div class="lb-trans"><h2>一個好公民？</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>我不責怪 Citizens Financial 的投資者——或市場上任何其他同規模的銀行——對壓力測試結果的積極反應。儘管最近經濟有些波動，但我們的經濟表現良好，而更優秀貸方的聰明和有紀律的做法在這一點上是至關重要的。</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>話雖如此，我對 Citizens Financial 最近的表現並不感到興奮。在其第一季度，收入基本持平，公司季度末的存款數字也沒有變化。儘管非利息收入的增長使得淨利潤同比增長 12% 至 3.74 億美元，但平均貸款和租賃卻下滑。在我看來，如今更大的銀行具有更好的潛力。</p>
</div>

Why Citizens Financial Group Stock Soared in June

- Citizens Financial Group 在 6 月份股價上漲近 11%。  
- 公司宣佈增持 12 億美元的股票回購計劃，提升市場信心。  
- 聯邦儲備的壓力測試結果顯示大部分銀行表現良好，增強了行業穩定性。

為什麼 Citizens Financial Group 的股票在六月大幅上漲