Earnings ·
Citizens Financial Group announced its second quarter 2026 earnings, reporting net income of $587 million and diluted…
CFG-PICitizens Financial Group Inc
Citizens Financial Group announced its second quarter 2026 earnings, reporting net income of $587 million and diluted EPS of $1.30. The company also announced a proposed public offering of new Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock. If priced and closed, the net proceeds are intended to redeem all outstanding 4.000% Series G Preferred Stock on October 6, 2026. Additionally, the board declared a quarterly common stock dividend of $0.46 per share, payable on August 13, 2026, to shareholders of record as of July 30, 2026. Citizens Financial Group is a financial services company providing banking and wealth management services.