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Citizens Financial Group acquires Matrix Capital Markets

PUBLIC · CFGFeb 17, 2026

Acquiring Company

Citizens Financial Group

Acquired Company

Matrix Capital Markets Group

ProvidenceRichmondFinancial ServicesFinanceMusic And AudioFintechLendingBankingOil And GasGroceryRetail

Description

Citizens Financial Group, Inc. announced the acquisition of substantially all the assets of Matrix Capital Markets Group, Inc. This transaction enhances Citizens' sector-focused advisory capabilities in the Downstream Energy & Convenience Retail sector. The deal, expected to close in Q1 2026, will enable Matrix to operate as a division of Citizens' subsidiary, Citizens JMP Securities.

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Company Information

Company

Citizens Financial Group

Location

Providence, Rhode Island, United States

About

At Citizens Bank, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do. As one of the oldest and largest financial services firms in the United States with a history dating back to 1828, we’re committed to providing solutions and expertise that support our customers, clients, colleagues, and communities in what’s next on their own unique journey. Whether you’re considering banking with us or looking to work with us, you’ll find a customer-centric culture and a supportive, collaborative workforce at Citizens Bank.

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Frequently asked

Who acquired Matrix Capital Markets Group?

Matrix Capital Markets Group was acquired by Citizens Financial Group, based in Providence. The deal was reported on February 17, 2026. At Citizens Bank, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do. Citizens Financial Group is publicly traded (CFG) and operates in Financial Services.

When did Citizens Financial Group acquire Matrix Capital Markets Group?

Citizens Financial Group's acquisition of Matrix Capital Markets Group was reported on February 17, 2026. Citizens Financial Group, Inc. announced the acquisition of substantially all the assets of Matrix Capital Markets Group, Inc. This transaction enhances Citizens' sector-focused advisory capabilities in the Downstream Energy & Convenience Retail sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Matrix Capital Markets Group do?

Matrix Capital Markets Group, Inc. is a market-leading advisory firm focused on the Downstream Energy & Convenience Retail sector. Founded in 1988, it has completed over 70 M&A transactions since 2021. It is privately held, operating in Oil And Gas, and is based in Richmond.

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