Citizens Financial Group (CFG) reported third-quarter 2026 net income of $636 million, up 29% from a year earlier and 8% from the prior quarter. Total revenue rose 10% year over year to $2.322 billion, while diluted earnings per share increased 34% to $1.41.
The company raised its quarterly common dividend 13% to $0.52 per share and increased its common share repurchase program capacity to $1.95 billion.
- Net interest income increased 13% year over year to $1.675 billion.
- Noninterest income rose 3% year over year to $647 million.
- Provision for credit losses was $125 million, down from $154 million a year earlier.
- Period-end deposits were $185.2 billion, up 3% year over year.
- Common equity tier 1 ratio was 10.5% at September 30, 2026.
