Citizens Financial Group, Inc. (CFG) Q3 FY2026 earnings

Reported results

• Diluted EPS of $1.41, up 34% YoY and 8% QoQ
• Net income of $636 million, up 29% YoY; GAAP return on average tangible common equity of 15.1%
• Pre-provision profit (non-GAAP) of $929 million, up 18.6% YoY; positive operating leverage (non-GAAP) of 5.3% YoY
• Net interest income of $1,675 million, up 13% YoY; net interest margin on FTE basis (non-GAAP) of 3.19%, up 19 basis points YoY
• Period-end total loans and leases of $148.2 billion, up 5% YoY; net charge-offs ratio of 0.37%, stable QoQ and down 9 basis points YoY
• Common equity tier 1 capital ratio of 10.5%; total capital ratio of 13.7%; tangible common equity ratio of 6.7%

Guidance

• Management confident in positioning and outlook for Q4 2026 and 2027 (no specific numerical guidance provided)

Notes

CET1 and other regulatory capital ratios are preliminary as of the reporting date. Tangible book value per share declined 6.6% QoQ and 2.6% YoY due to negative impact of higher long-term rates on investment securities and swap portfolios. Board declared quarterly common dividend of $0.52 per share, up 13% from prior quarter, and increased share repurchase authorization capacity to $1.95 billion.

Price and volatility reaction

The stock moved -0.1% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-16 (8-K, Item 2.02). Read the original filing on sec.gov.