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Citizens Financial reports $636M Q3 net income, raises dividend to $0.52 per share

CFGCitizens Financial Group Inc

Citizens Financial Group reported third-quarter 2026 net income of $636 million, or diluted earnings per share of $1.41, representing increases of 29% year-over-year and 8% quarter-over-quarter. Pre-provision profit rose 4.5% to $929 million, driven by a 2.7% increase in net interest income to $1.675 billion as the net interest margin expanded two basis points to 3.19%. The company also announced that its board of directors declared a quarterly common stock dividend of $0.52 per share, a 13% increase from the prior quarter's $0.46, payable on November 13, 2026 to shareholders of record as of October 30, 2026. Additionally, the board increased the capacity of its common share repurchase program by $1.3 billion to $1.95 billion. Citizens Financial Group operates as a regional bank holding company providing commercial and retail banking services.

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