CITIZENS FINANCIAL GROUP INC/RI

Citizens Financial Group announced its third quarter 2026 results, reporting a 29% year-over-year increase in net income to $636 million and a 34% increase in diluted EPS to $1.41. The company highlighted strong performance with a ROTCE of 15.1% and positive operating leverage. Key drivers included a 13% YoY increase in net interest income and a 3% YoY increase in noninterest income. The company also announced a 13% increase in its quarterly dividend to $0.52 per share and expanded its share repurchase program capacity. Credit quality remained stable.

Citizens Financial Group, Inc. announced the issuance of 400,000 shares of its 6.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, with a liquidation preference of $1,000 per share. The company filed a Certificate of Designations on July 27, 2026, outlining the preferences and rights of this new stock. An underwriting agreement for the public offering was signed on July 21, 2026, which includes certain restrictions on dividend payments for common stock if Series J dividends are not met.

Citizens Financial Group reported strong second quarter 2026 results with diluted EPS of $1.30, up 15% quarter-over-quarter, and total revenue of $2.28 billion, an increase of 5% QoQ. The company also announced a proposed public offering of a new series of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, with the intention to use net proceeds to redeem some or all outstanding shares of its Series G Preferred Stock.

Citizens Financial Group, Inc. reported strong second quarter 2026 results, with net income rising 35% year-over-year to $587 million and diluted EPS increasing 41% year-over-year to $1.30. The company achieved significant revenue growth, with total revenue up 12% year-over-year, driven by a 14% increase in net interest income and a 9% increase in noninterest income, including record fees from Wealth and Capital Markets. The company also announced a quarterly common stock dividend of $0.46 per share and repurchased $225 million in common shares, reflecting confidence in its financial performance and outlook.

Citizens Financial Group Inc. reported strong financial results for the three months ended March 31, 2026, with net income increasing to $517 million and diluted EPS rising to $1.13. The company saw significant growth in net interest income and noninterest income, driven by improved funding costs and strong capital markets and wealth fees. Additionally, Citizens Financial completed the acquisition of Matrix Capital Markets Group, Inc., repurchased $300 million of common stock, and issued $1.15 billion in new debt.

Citizens Financial Group reported a strong first quarter for 2026, with net income increasing 39% year-over-year to $517 million. Diluted earnings per share also saw a significant 47% rise year-over-year, reaching $1.13, though it remained flat quarter-over-quarter. Total revenue grew 12% year-over-year to $2.168 billion, and the net interest margin improved by 8 basis points quarter-over-quarter to 3.14%. However, pre-provision profit saw a 3% decline quarter-over-quarter.