Citizens Financial Group, Inc. (CFG) Earnings

Citizens Financial Group, Inc.

CFG · NYSE

Symbol: CFG
Type: Stock
Sector: Finance
Industry: Major Banks
Country: North America
Exchange: NYSE

Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $233.8 billion in assets as of June 30, 2026. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail, private banking, wealth management and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,000 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings.

Key Issues

Bullish view

Citizens reported FY2025 revenue of $1.6 billion and net income of $1.8 billion, up from $1.5 billion and $1.5 billion in FY2024. Its strategic digital initiatives could support continued momentum and a favorable earnings outlook.

Bearish view

The evidence does not quantify digital initiatives' revenue contribution, cost savings, or effect on profitability. Without segment or operating metrics, the improvement may not establish that digital investment will sustain growth.

Analyst Consensus

See all

Buy

19 analysts

$74

Current

—

Low

$80

Average

—

High

Average target implies +7.62% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Sep 2026upcoming

Next quarter

Consensus is $1.40 EPS for Sep 2026 across 6 estimates, ranging $1.39 to $1.42.

CFG Jun 2026

Reported Jul 16, 2026

Beat 4.00%

EPS estimate: $1.25
EPS actual: $1.30
Revenue estimate: —
Revenue actual: —
1-day move: -2.70%

Highlights

Q2 FY2026 revenue was reported at $0.45B, compared with $0.41B in Q1 FY2026 and $0.38B in Q2 FY2025.
Q2 FY2026 net income was $0.59B, up from $0.52B in Q1 FY2026 and $0.44B in Q2 FY2025.
Revenue in Q2 FY2026 matched the $0.45B reported for Q3 FY2025.
Net income in Q2 FY2026 exceeded the $0.49B reported for Q3 FY2025.
The supplied material contains no segment revenue, margin, subscriber or unit figures, capex amount, or forward guidance.

Analysis

No consensus figures are on file, so the quarter cannot be assessed against analyst expectations. The supplied recent-quarter data show Q2 FY2026 revenue of $0.45B and net income of $0.59B. Revenue was higher than the $0.41B reported in Q1 FY2026 and the $0.38B reported in Q2 FY2025, while net income increased from $0.52B and $0.44B, respectively. Revenue was unchanged from the $0.45B recorded in Q3 FY2025, but net income was higher than that quarter’s $0.49B. The material does not explain what drove revenue or earnings, identify which business segments carried or dragged results, or provide margin data and commentary on margin changes. It therefore supports a narrow conclusion: reported revenue was stable sequentially and higher year over year, while net income improved against both comparison periods, but the operating reasons remain undisclosed.

Guidance

Management guidance was not provided in the supplied material. There are no ranges for revenue, earnings, net interest income, expenses, credit costs, capital, loans, deposits, margins, or other forward indicators, and no prior guide is included for comparison. The filing text is largely an unparsed XML block containing accounting taxonomy and portfolio labels rather than management commentary. Consequently, the material gives no stated assumptions, timing considerations, headwinds, or caveats for periods ahead. Any outlook beyond the reported Q2 FY2026 revenue of $0.45B and net income of $0.59B would be unsupported.

What drove it

Revenue level: Q2 FY2026 revenue was $0.45B, matching Q3 FY2025 and exceeding Q1 FY2026 revenue of $0.41B.
Net income: Q2 FY2026 net income was $0.59B, compared with $0.52B in Q1 FY2026 and $0.44B in Q2 FY2025.
Year-over-year comparison: Revenue rose from $0.38B in Q2 FY2025 to $0.45B in Q2 FY2026, while net income rose from $0.44B to $0.59B.

Watch items

The supplied material provides no segment-level results, so performance by commercial and consumer businesses cannot be evaluated.
No margin figures or explanations of margin movement are included, leaving the quality and sustainability of the reported net-income improvement unclear.
No forward guidance or assumptions are provided, limiting visibility into the periods ahead.
The filing text is an unparsed XML block dominated by taxonomy and portfolio labels, with no usable management discussion of operating drivers or risks.

Citizens Financial Group, Inc. Jun 2026 filing