Citizens Financial Group, Inc. reports banking results and capital actions for a bank holding company serving consumers, small businesses, middle-market companies, large corporations and institutions. Its recurring updates center on Consumer Banking and Commercial Banking activity, including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, wealth management and commercial banking services.
Company news also includes quarterly earnings materials, common and preferred stock dividend announcements, investor conference participation and community finance initiatives. Citizens’ public updates frequently connect financial performance with balance sheet trends, credit conditions, private banking activity, financial literacy programs, nonprofit partnerships and small-business support in the markets the bank serves.
Citizens Financial Group (NYSE: CFG) declared quarterly cash dividends on six preferred stock series, payable on January 6, 2027. Shareholders must be holders of record at the close of business on December 22, 2026.
The dividends per preferred share are $18.64436222 for Series B, $19.03791778 for Series C, $12.50 for Series E, $18.4375 for Series H, $16.25 for Series I and $29.250 for Series J. The corresponding payments per depositary share are $0.3125 for Series E, $0.46093750 for Series H and $0.40625 for Series I. Each of those depositary shares represents a 1/40th interest in a preferred share.
Citizens Financial Group (NYSE: CFG) reported third-quarter 2026 net income of $636 million, up 29% from a year earlier. Earnings per share were $1.41, up 34% year over year and 8% from the prior quarter. Return on tangible common equity, a measure of profitability against tangible common shareholder equity, was 15.1%. Positive operating leverage, reflecting revenue growth relative to expense growth, was 5.3% year over year.
The board raised the quarterly common stock dividend to $0.52 per share, an increase of $0.06, or 13%, from the prior quarter. Payment is scheduled for November 13, 2026, to shareholders of record on October 30, 2026. The board also increased common share repurchase capacity to $1.95 billion. Citizens expressed confidence in its outlook for the fourth quarter and 2027.
Citizens Financial Group (NYSE: CFG) will participate at the BancAnalysts Association of Boston Conference on November 5, 2026. Chief Financial Officer Aunoy Banerjee will participate at 12:40 pm ET. A live webcast will be available on the company's investor website under Events & Presentations.
Citizens Financial Group (CFG) expects to provide approximately $7.5 million in workforce development funding in 2026 alongside its foundations. The projected funding forms part of a three-year, $20 million commitment announced in 2025 and supports national partnerships, local investments and colleague engagement initiatives.
New research with Jobs for the Future surveyed 1,000 low- and moderate-income U.S. adults ages 20 to 50 without a college degree. Among respondents, 77% believe learning new skills improves career opportunities, while 87% are willing to make financial sacrifices for training. Citizens' Community College Accelerator has designed 35 micro-pathways—short credential programs—and launched 26, reaching nearly 900 learners. Its Year Up United partnership has placed nearly 500 interns at Citizens; more than 100 program alumni currently work at the company.
The National Association of Corporate Directors New England Chapter (NACDNE) has appointed five new members to its Board of Directors.
The appointees are Tracy Atkinson, Heather Campion, Michael Curry, Jack Egan and Damian Wilmot. Atkinson serves on the boards of Citizens Financial Group and RTX. Campion is Managing Director at DSG Global. Curry is President and CEO of the Massachusetts League of Community Health Centers. Egan has served on the boards of EMC and VMware. Wilmot currently serves on the boards of PBF Energy and Fidelity Charitable.
Citizens Financial Group (CFG) released its Q4 2026 Business Pulse survey, finding 54% of respondents expect revenue to increase over the next three months.
That share reached its highest level of 2026, up from 50% in Q3, 48% in Q2 and 43% in Q1. Over the next three months, 83% plan to maintain or increase full-time headcount, while 3% plan to decrease it. In Q4, 30% plan to increase technology spending, including AI, compared with 23% in Q3.
Among businesses using AI regularly across multiple functions, 94% have reduced or eliminated spending on at least one external service. In that group, 44% plan to add full-time employees, versus 22% overall and 8% among businesses with no AI adoption plans. Revenue growth is expected by 74% of regular AI users, versus 54% overall; 51% are extremely or very confident in the economy, versus 29% overall.
Citizens Financial Group (CFG) announced that Citizens Bank, N.A. will increase its prime lending rate to 7.00 percent from 6.75 percent, effective Thursday, September 17, 2026.
Citizens Financial Group reports $233.8 billion in assets as of June 30, 2026 and is headquartered in Providence, Rhode Island. The company offers retail, private, wealth management and commercial banking services across approximately 1,000 branches and about 3,000 ATMs in 14 states and the District of Columbia, serving individuals, small businesses, middle-market firms, large corporations and institutions.
Citizens Financial Group (CFG) received an Outstanding Community Reinvestment Act (CRA) rating from the Office of the Comptroller of the Currency, its fourth consecutive top rating since 2014.
The bank earned Outstanding ratings on the OCC’s three performance tests: Lending, Investment and Service, reflecting efforts to expand affordable housing, support small businesses and promote community development. The OCC cited performance in major markets such as Boston, New York and Philadelphia, leadership in community development lending, and use of flexible products for low- and moderate-income borrowers.
In 2025, Citizens invested over $2 billion in community development funding, supported more than 8,000 affordable housing units, delivered over $300 million in small business loans, contributed $20 million in philanthropic giving and logged more than 265,000 volunteer hours across over 4,000 community organizations.
Citizens Financial Group (CFG) will report its third quarter 2026 earnings on October 16, 2026, and host a live conference call at 9:00 a.m. ET that day. The earnings release, supplemental materials, live webcast and replay will be available on the company’s investor relations website under Events & Presentations. Investors can join the Q&A line by dialing 800-369-1703 (ID 1679767) or a listen-only line at 800-475-8432 (ID 7623330). A replay will be accessible from 12:00 p.m. ET on October 16, 2026, through November 15, 2026.
Citizens Financial Group (NYSE: CFG) will redeem all 300,000 outstanding shares of its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G (CUSIP 174610BD6; ISIN US174610BD66) on October 6, 2026, the designated Redemption Date, at a redemption price of $1,000 per share.
Because the Redemption Date is also a dividend payment date, the redemption price excludes declared and unpaid dividends. The previously declared regular quarterly dividend will be paid separately on October 6, 2026 to holders of record. After the Redemption Date, no Series G shares will remain outstanding and dividends on this series will cease to accrue. Computershare Trust Company, N.A. and Computershare Inc. will act as redemption agent, and investors are directed to contact their bank or broker for payment details.