Form 8-K · Current report
Citizens Financial Group 8-K, filed Jul 16, 2026
- Filed
- CIK
- 0000759944
- Accession no.
- 0000759944-26-000133
Summary
Citizens Financial Group reported second-quarter 2026 net income of $587 million, up 35% from a year earlier, and diluted EPS of $1.30, up 41% year over year, and its board declared a quarterly common dividend of $0.46 per share. Chairman and CEO Bruce Van Saun attributed the quarter to revenue growth, positive operating leverage and favorable credit trends, and said the company anticipates further improvement under the Federal Reserve's new stress-test models.
Key points
- Total revenue was $2.28 billion, up 12% year over year, with net interest income up 14% to $1.63 billion and noninterest income up 9% to $652 million.
- Net interest margin, on an FTE basis, rose 22 basis points year over year to 3.17%, and return on average tangible common equity was 13.9%.
- Net charge-offs were 0.37% of average loans and leases, down 11 basis points year over year, and the CET1 ratio was 10.4%.
- Wealth fees of $102 million set a record and capital markets fees of $153 million were a second-quarter record, while mortgage banking fees fell 42% year over year.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 16, 2026, Citizens Financial Group, Inc. (the “Company”) issued a press release announcing its second quarter 2026 earnings and posted on its website the press release and a financial supplement. Copies of the press release and financial supplement are being furnished as Exhibits 99.1 and 99.3, respectively. Item 7.01 Regulation FD Disclosure. For the benefit of investors, the Company has posted on its website an investor presentation in connection with its earnings conference call. A copy of the investor presentation is being furnished as Exhibit 99.2. …
An excerpt of the text as filed with the SEC, cut for length.
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