Form 8-K · Current report
Citizens Financial Group 8-K, filed Oct 16, 2026
- Filed
- CIK
- 0000759944
- Accession no.
- 0000759944-26-000206
Summary
Citizens Financial Group reported third-quarter 2026 net income of $636 million, up 29% year over year, with diluted EPS of $1.41 and a return on tangible common equity of 15.1%. The board declared a quarterly common dividend of $0.52 per share, a 13% increase, and raised the common share repurchase authorization to $1.95 billion; Chairman and CEO Bruce Van Saun said the company remains confident in its positioning and outlook for the fourth quarter and 2027.
Key points
- Net income was $636 million, or $1.41 per diluted share, compared with $494 million and $1.05 a year earlier; total revenue rose 10% to $2.3 billion.
- Pre-provision profit of $929 million was up 4.5% quarter over quarter and 18.6% year over year, with net interest margin (FTE) of 3.19%.
- Net charge-offs were 0.37% of average loans, stable quarter over quarter, and the CET1 ratio was 10.5%.
- The dividend is payable November 13, 2026 to shareholders of record as of October 30, 2026, and the repurchase authorization was increased by $1.3 billion above $650 million remaining under the June 2025 authorization.
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 October 16, 2026, Citizens Financial Group, Inc. (the “Company”) issued a press release announcing its third 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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