Citizens Financial Q2 FY26 net income rises 34.6% to $587 million; net interest margin widens 22 bps to 3.16%

• Citizens Financial Group posted net income of $587 million for the quarter ended June 30, 2026, up $151 million year over year; diluted EPS rose $0.38 to $1.30.
• Net interest income climbed $194 million to $1.6 billion; net interest margin widened 22 basis points to 3.16%.
• Noninterest income increased $52 million to $652 million, led by capital markets and wealth fees; mortgage banking fees fell on lower MSR valuation results.
• Noninterest expense rose $75 million to $1.4 billion due to Private Bank and Private Wealth hiring; the efficiency ratio improved to 61.1% from 64.8%.
• Repurchased $225 million of common stock during the quarter, leaving $775 million of remaining authorization capacity as of June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citizens Financial Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000759944-26-000148), on August 03, 2026, and is solely responsible for the information contained therein.