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Citizens Financial (CFG)
NYSE:CFG
Earnings Data
Report Date
Apr 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.77Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution and multiple areas of momentum: meaningful EPS and NII growth, record wealth performance, a rapidly scaling private bank with solid ROE, positive operating leverage, substantial non-core runoff, and a robust capital-return plan. Management provided constructive 2026 guidance (NII growth 10%–12%, fees +6%–8%, expenses +4.5%) and a clear medium-term ROTCE target (16%–18%). Headwinds are present but manageable: expenses slightly above prior guidance, quarter-to-quarter fee timing volatility, one-time Reimagine costs front-loaded in 2026, ongoing CRE/legacy portfolio work, and uncertainty around SCB/stress-test modeling. Overall, the positives substantially outweigh the challenges, with management confident in execution and a path to materially higher returns over the medium term.Company Guidance
Strong EPS and Earnings Growth
Fourth-quarter EPS of $1.13, up 8% sequentially and 36% year-over-year; full-year EPS of $3.86, up 19% versus 2024.
Net Interest Income and Margin Expansion
Net interest margin expanded 7 basis points in the quarter (to ~3.07%), with NII growth guidance for 2026 of 10%–12%; Bruce/management cited NII up 9% year-over-year in remarks and full-year NII up 4% with 13 bps of margin expansion.
Wealth and Capital Markets Momentum
Fees up strongly: wealth recorded consecutive record quarters (wealth up 22% full-year underlying; Q4 wealth up 31% year-over-year underlying); capital markets delivered its third-best quarter ever (capital markets fees up ~16% year-over-year in Q4) and a strong pipeline with ~$20 million of fees carried into Q1.
Private Bank Build and Contribution
Private bank at $14.5B deposits, $7.2B loans, and $10B client assets at year-end; contributed ~$0.28 to full-year EPS (~7% of EPS) and managed to ~25% ROE for the year; management expects private bank deposits $18B–$20B, loans $11B–$13B, and client assets $16B–$20B over time.
Positive Operating Leverage and Cost Programs
Positive operating leverage of ~1.25% for the full year and sequential improvement (1.3%); Top 10 program delivered $100M+ pretax run-rate benefits exiting Q4; Reimagine the Bank targets ~$450M pretax run-rate benefits exiting 2028 (≈5% of 2025 expense base).
Improving Credit Trends and Reserves
Net charge-offs improved to 43 bps (from 46 bps prior quarter); allowance for credit losses at ~1.53%; continued reduction of CRE balances (down ~4% Q/Q and ~10% for the year) and management notes favorable credit trends and lower provisions (provision down ~$25M year-over-year).
Capital Returns and Balance Sheet Strength
Returned $1.4B (≈80% of 2025 earnings) to shareholders for the year, repurchased $600M of common stock (~3% of outstanding shares) and announced 2026 repurchase plans of ~$700M–$850M; CET1 ~10.6% and tangible book value per share up to $38.07 (+4% Q/Q, +18% Y/Y).
Non-Core Runoff and Balance Sheet Cleanup
Non-core assets reduced from $6.9B at the start of the year to $2.5B at year-end (included sale of a student loan portfolio), materially reducing drag on results.
CFG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CFG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 21, 2026 | $59.81 | $64.06 | +7.11% |
Oct 15, 2025 | $51.34 | $51.24 | -0.19% |
Jul 17, 2025 | $46.15 | $47.96 | +3.92% |
Apr 16, 2025 | $35.07 | $34.45 | -1.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Citizens Financial (CFG) report earnings?
Citizens Financial (CFG) is schdueled to report earning on Apr 16, 2026, Before Open (Confirmed).
What is Citizens Financial (CFG) earnings time?
Citizens Financial (CFG) earnings time is at Apr 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CFG EPS forecast?
Currently, no data Available