CITIZENS FINANCIAL GROUP INC/RI (CFG) Form 10-Q — Aug 3, 2026
Citizens Financial Group reported strong second-quarter 2026 results with net income increasing 35% year-over-year to $587 million, driven by a 22 basis point expansion in net interest margin to 3.16%. Total revenue rose to $2.28 billion, bolstered by growth in capital markets and wealth fees, while the efficiency ratio improved to 61.1% reflecting disciplined expense management. The balance sheet remained robust with total assets growing to $233.8 billion and deposits increasing by $2.3 billion to $185.6 billion, primarily driven by growth in the Private Bank segment.
Key figures
- Eps
- 1.3
- Net Income
- 587
- Total Assets
- 233800000000
- Total Deposits
- 185600000000
- Net Interest Margin
- 3.16%
- Rotce
- 13.9%
- Efficiency Ratio
- 61.1%
- Net Interest Income
- 1631
- Provision For Credit Losses
- 134
- Tangible Book Value Per Share
- 38.29
Price after filing
Close on the filing date to close N calendar days later (from $72.70). Historical, not a forecast.
AI analysis
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