Raymond James Financial Inc (RJF) has surpassed Citizens Financial Group Inc (CFG) in market capitalization, now ranking #325 in the S&P 500. As of the latest data, RJF’s market cap stands at $28.06 billion, while CFG’s is at $26.18 billion.
On Wednesday, at the closing bell, RJF saw an increase of approximately 3.8%, compared to a 3.5% rise for CFG. The shift in market positions highlights the importance of market capitalization as it reflects the true value attributed to companies by investors.
