PROVIDENCE, AZ-(BUSINESS WIRE)–Citizens has been named one of FORTUNE’s World’s Most Admired Companies™. The annual ranking is determined by a survey of senior executives, directors and analysts evaluating companies in their own industry. Companies are evaluated based on nine criteria, including investment value, quality of management, products, social responsibility and ability to attract talent.
“This recognition from FORTUNE is a great honor and validates the great progress we have made in serving our clients and all of our stakeholders since our IPO in 2014,” said Bruce Van Saun, Chairman and CEO of Citizens Financial Group. “This is a testament to our clear strategy, strong leadership team and the dedication and tremendous effort of our entire base of colleagues.”
Citizens was listed as one of seven banks in the U.S. Super Regional Banks category.
“Fortune congratulates all companies whose achievements are recognized by their competitors and peers and voted to Fortune’s 2023 Most Admired Companies list, as well as the top 50 All-Stars, who are named the best of the best by the broader business community in a challenging year,” said Fortune Editor-in-Chief Alison Shontell.
Methodology
As it was in the past, Happiness collaborated with its partner Korn Ferry on this corporate reputation survey. It started with a universe of about 1,500 applicants: the 1,000 largest U.S. companies, ranked by revenue, along with non-U.S. companies in the Fortune Global 500 database that have revenues of $10 billion or more. It carried the assortment of companies with the highest revenues in each industry, a total of 645 in 27 countries. The top rated companies were selected from this group of 645; the executive directors who voted work in the companies of this group.
To determine the best-rated companies in 52 industries, Korn Ferry asked executives, directors and analysts to rate companies in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of the industry survey to be included on the list. (For full rankings, visit fortune.com.)
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions with assets of $226.7 billion as of December 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, mid-market companies, large corporations and institutions. Citizens helps its clients reach their potential by listening and understanding their needs to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,400 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In merchant banking, Citizens offers a wide range of financial products and solutions, including lending and leasing, deposit and treasury management services, currency, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, mergers and acquisitions, and opportunities in debt and equity markets. More information can be found at www.citizensbank.com or visit us at TwitterLinkedIn or Facebook.
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The February/March 2023 issue of FORTUNE will be available on stands from 21 February.