Recent Updates — CFG
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.
Citizens Financial Group redeemed all outstanding shares of its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, effective October 6, 2026. The company filed a Certificate of Elimination with the Delaware Secretary of State to remove all matters related to the Series G Preferred Stock from its Restated Certificate of Incorporation. This action formally retires the preferred equity class and cleans up the corporate charter. Citizens Financial Group operates as a regional bank holding company providing retail, commercial, and wealth management services in the United States.
Citizens Financial Group held its 2026 Annual Meeting of Stockholders on April 23, where shareholders elected all director nominees and approved both executive compensation and the ratification of Deloitte & Touche LLP as the independent auditor. A shareholder proposal to adopt a majority voting standard was rejected, receiving 36,243,037 votes in favor and 321,379,352 votes against.
Citizens Financial Group, Inc. announced its first quarter 2026 earnings results through a press release and an accompanying financial supplement. The company also released an investor presentation to provide additional context regarding its quarterly financial performance.
Citizens Financial Group, Inc. completed the issuance and sale of $400 million in 5.299% Fixed-Reset Subordinated Notes due 2036 on January 29, 2026. The notes will bear a fixed interest rate of 5.299% until 2031, after which the rate resets to the Five-Year U.S. Treasury Rate plus 1.450% until maturity. The company intends to use the proceeds for general corporate purposes, including debt repayment and capital expenditures.
Citizens Financial Group, Inc. announced its fourth quarter and full-year 2025 earnings results on January 21, 2026. The company's earnings results and financial supplement are included as exhibits to this filing.