Citizens Financial Group Q2 2026: EPS $1.30 beats, revenue up 12.1%
Citizens Financial Group posted a strong fiscal 2026 second quarter: revenue of $2.283 billion rose 12.1% from a year ago, net income of $587 million rose 34.6%, and EPS of $1.30 beat the $1.2534 consensus by about 3.7%. The quality matters more than the size: growth arrived with 6.4% positive operating leverage, a 13.9% return on tangible common equity, and falling charge-offs. Read the credit and funding lines for the caveats.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $1.30 beat the $1.2534 consensus by about 3.7%, and was up 41.3% from $0.92 a year ago and 15.0% from $1.13 last quarter. Net income of $587 million rose 34.6% YoY from $436 million, and net income available to common stockholders of $554 million rose 37.8%. Diluted share count fell 2.0% YoY to 426.7 million, which is why per-share growth outran dollar growth.
Revenue of $2.283 billion was up 12.1% from $2.037 billion a year ago and 5.3% from $2.168 billion in the prior quarter. Net interest income of $1.631 billion rose 14.0% YoY as the net interest margin expanded to 3.17% from 2.95%, while noninterest income of $652 million rose 9.0%. One data flag to know about: the machine-readable revenue field says $451 million, but the release's own income statement shows $2,283 million, so this analysis uses $2.283 billion.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.