Citizens Earnings Reports

Citizens Financial Group delivered solid Q1 2025 performance, aligned with expectations. While revenue slightly declined, strong progress was made on strategic initiatives, including a major non-core loan sale and significant deposit growth in the Private Bank segment.

Citizens Financial Group reported a solid first quarter with underlying EPS of $0.79 and ROTCE of 10.6%. The company saw a recovery in capital markets fees, stable NIM, and further improvement in its loan-to-deposit ratio. Expenses were managed tightly, and the company maintained a strong capital and credit reserve position.

Citizens Financial Group reported a net income of $189 million and EPS of $0.34 for Q4 2023. Underlying net income was $426 million and EPS was $0.85. The CET1 ratio stood at 10.6%.

Citizens Financial Group reported a net income of $430 million and EPS of $0.85 for Q3 2023. The underlying EPS was $0.89, which includes impacts from Private Bank start-up investment and Non-Core portfolio. The CET1 ratio stood at 10.4%.

Citizens Financial Group reported a net income of $478 million and EPS of $0.92 for the second quarter of 2023. The company focused on strengthening its capital, liquidity, and funding position, improved its CET1 ratio to 10.3%, grew deposits by $5.5 billion, and reduced FHLB borrowings by almost $7 billion.

Citizens Financial Group reported a solid first quarter in 2023, navigating a challenging environment to deliver a net income of $511 million and an EPS of $1.00. The company's capital, liquidity, and funding positions remain strong, with deposits broadly stable over the month of March. They are focused on deposit initiatives, customer care, and protecting key investments while trimming expenses.

Citizens Financial Group reported a net income of $653 million and EPS of $1.25 for Q4 2022. The underlying net income was $685 million, with an EPS of $1.32. The company's ROTCE reached 19.4%, and the efficiency ratio improved to 54.4%.

Citizens Financial Group reported a strong Q3 2022, with net income of $636 million and EPS of $1.23. The company benefited from higher rates, controlled deposit costs, and a higher net interest margin. Balance sheet management strategies led to stable deposits and commercial loan growth.

Citizens Financial Group reported strong results in the second quarter of 2022, with a net income of $364 million and EPS of $0.67. The acquisition of Investors Bancorp was completed on April 6, 2022. Underlying EPS was $1.14, and ROTCE was 15.5%.

Citizens Financial Group reported a solid financial performance for Q1 2022, with net income of $420 million and EPS of $0.93. The company completed acquisitions of HSBC East Coast branches and Investors Bancorp, and benefited from strong net interest income, good expense discipline, and excellent credit quality.

Citizens Financial Group reported a strong fourth quarter with underlying ROTCE of 14.6% and underlying EPS of $1.26, reflecting diversified fee businesses and excellent credit results. The company's underlying PPNR was $710 million, driven by outstanding Capital Markets results. Period-end loans were up 4%, and the company maintained a strong capital position with CET1 at 9.9%.

Citizens Financial Group reported a net income of $530 million and EPS of $1.18 for the third quarter of 2021. The results reflect broad-based strength across the businesses, including a rebound in mortgage, along with excellent credit results.

Citizens Financial Group reported a net income of $648 million and EPS of $1.44 for the second quarter of 2021. The company's underlying ROTCE was 17.7% and underlying EPS was $1.46.

Citizens Financial Group reported a strong start to 2021, with strength in fee businesses, good balance sheet management and excellent credit performance. Net income was reported at $611 million and EPS at $1.37.

Citizens Financial Group reported fourth quarter net income of $456 million, or $0.99 per share. The results reflect a strong return on capital as credit costs normalize. The company's capital and credit allowance position remains strong, providing confidence in meeting loan demand and increasing return of capital to shareholders.

Citizens Financial Group reported a net income of $314 million and EPS of $0.68 for Q3 2020. The company experienced record revenue, with noninterest income up 33% year over year, and a strong CET1 ratio of 9.8%. Pre-provision profit increased by 21% year over year.

Citizens Financial Group reported a strong second quarter, navigating a challenging environment with record revenue, a robust loan loss reserve, and an increased CET1 capital ratio. The company successfully managed the impact of COVID-19 while maintaining a focus on customer and colleague well-being.

Citizens Financial Group's first quarter results were impacted by a significant CECL provision build due to COVID-19, although underlying performance remained strong. The company reported a net income of $34 million, or $0.03 per share. The company's CET1 ratio remained strong at 9.4% and tangible book value per share increased by 8% year over year.

Citizens Financial Group reported Q4 net income of $450 million, a decrease of 3% compared to Q4 2018, with earnings per share of $0.98, up 2% from Q4 2018. The results reflect strong performance in fee-based businesses and good loan growth in Consumer and Commercial, which offset pressure on net interest margin.