Citizens Financial Group ( (CFG) ) has released its Q3 earnings. Here is a breakdown of the information Citizens Financial Group presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Citizens Financial Group, Inc., headquartered in Providence, Rhode Island, is one of the largest financial institutions in the United States, offering a wide range of retail and commercial banking products and services to individuals, businesses, and institutions. The company operates in the financial services sector, providing tailored solutions through its extensive network of branches and ATMs across 14 states and the District of Columbia.
In its third quarter 2025 earnings report, Citizens Financial Group announced a net income of $494 million, with earnings per share (EPS) of $1.05, marking a significant increase from the previous quarter. The company highlighted a 9% sequential growth in pre-provision net revenue (PPNR) and a positive operating leverage of 3%, reflecting strong performance in its Private Bank and Capital Markets segments.
Key financial metrics showcased a robust performance, with net interest income rising by 3.5% due to an increase in net interest margin to 3.00%. The company’s Capital Markets fees surged by 58% quarter-over-quarter, contributing to a total revenue increase of 11% year-over-year. Citizens also reported a strong liquidity profile with a loan-to-deposit ratio of 78.3% and a solid common equity tier 1 (CET1) capital ratio of 10.7%.
The company’s strategic focus on its Private Bank and retail growth was evident, with loans and deposits both increasing by 1% sequentially. Citizens also declared a quarterly common stock dividend of $0.46 per share, reflecting a 9.5% increase from the previous quarter, demonstrating its commitment to returning value to shareholders.
Looking ahead, Citizens Financial Group’s management expressed confidence in maintaining momentum and achieving medium-term targets, driven by ongoing initiatives and favorable market conditions. The company’s strategic focus on enhancing its banking operations and expanding its market presence positions it well for future growth.