Citizens Financial Group Q1 Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy CFG?
Source: seekingalpha
- Strong Earnings Performance: Citizens Financial Group reported a Q1 GAAP EPS of $1.13, beating estimates by $0.04, indicating sustained profitability and competitive strength in the market.
- Significant Revenue Growth: The company achieved revenues of $2.17 billion in Q1, an 11.9% year-over-year increase that surpassed market expectations by $10 million, reflecting robust performance amid economic recovery and rising market demand.
- Decrease in Nonaccrual Loans: Nonaccrual loans fell by 5%, largely driven by a 12% decrease in commercial loans, with the nonaccrual loans to total loans ratio improving to 1.04% from 1.15% in March 2025, indicating enhanced credit quality.
- Improvement in Credit Loss Reserves: The allowance for credit losses stood at $2.2 billion, down $27 million from March 2025, reflecting the runoff of the Non-Core portfolio and improving credit trends, which bolsters investor confidence in the company's future.
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Analyst Views on CFG
Wall Street analysts forecast CFG stock price to rise
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 64.870
Low
59.00
Averages
66.29
High
77.00
Current: 64.870
Low
59.00
Averages
66.29
High
77.00
About CFG
Citizens Financial Group, Inc. offers a range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. The Company operates through two segments: Consumer Banking and Commercial Banking. Consumer Banking segment serves consumer customers and small businesses, with products and services that include deposits, mortgage and home equity lending, credit cards, small business loans, wealth management and investment services largely across its 14-state traditional banking footprint. Consumer Banking segment operates approximately 1,000 branches, including 143 in-store locations, and approximately 3,100 ATMs. Commercial Banking segment primarily serves companies and institutions with financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as syndicated loans, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Citizens Financial Group Reports Q1 Net Income Growth
- Net Income Growth: Citizens Financial Group reported a net income available to stockholders of $484 million for Q1, up from $340 million last year, demonstrating resilience amid geopolitical tensions and macroeconomic uncertainty, which bolsters investor confidence.
- Earnings Per Share Increase: The earnings per share rose to $1.13 from $0.77 last year, indicating a significant improvement in profitability that may attract more investor interest in the stock.
- Revenue and Loan Growth: Total revenue increased from $1.94 billion to $2.17 billion, while loans and leases grew from $137.64 billion to $143.67 billion, reflecting the company's expansion in the credit market and rising customer demand.
- Dividend Announcement: The company declared a quarterly dividend of $0.46 per share, payable on May 14 to shareholders of record as of April 30, highlighting its commitment to shareholder returns and further enhancing market confidence in its financial health.
See More
Citizens Financial Group Q1 Earnings Exceed Expectations
- Strong Earnings Performance: Citizens Financial Group reported a Q1 GAAP EPS of $1.13, beating estimates by $0.04, indicating sustained profitability and competitive strength in the market.
- Significant Revenue Growth: The company achieved revenues of $2.17 billion in Q1, an 11.9% year-over-year increase that surpassed market expectations by $10 million, reflecting robust performance amid economic recovery and rising market demand.
- Decrease in Nonaccrual Loans: Nonaccrual loans fell by 5%, largely driven by a 12% decrease in commercial loans, with the nonaccrual loans to total loans ratio improving to 1.04% from 1.15% in March 2025, indicating enhanced credit quality.
- Improvement in Credit Loss Reserves: The allowance for credit losses stood at $2.2 billion, down $27 million from March 2025, reflecting the runoff of the Non-Core portfolio and improving credit trends, which bolsters investor confidence in the company's future.
See More
Citizens Financial Group Reports Strong Q1 2026 Results
- Significant Earnings Growth: Citizens Financial Group reported a 47% year-over-year increase in EPS for Q1 2026, demonstrating strong profitability even in a seasonally soft market, indicating the company's ability to achieve sustainable growth amid macroeconomic uncertainty.
- Positive Operating Leverage: The company achieved a positive operating leverage of 7.2%, reflecting effective cost control and enhancing profitability in a competitive financial services market, thereby solidifying its market position.
- NIM Expansion: The net interest margin expanded by 7 basis points sequentially and 24 basis points year-over-year, showcasing the company's adaptability to changing interest rate environments, which is expected to support future revenue growth.
- Stable Dividend Distribution: The board declared a quarterly dividend of $0.46 per share, payable on May 14, 2026, which not only provides stable returns to shareholders but also reflects the company's strong financial position and confidence in future growth.
See More
Citizens Financial Group to Announce Q1 Earnings on April 16
- Earnings Announcement: Citizens Financial Group (CFG) is set to release its Q1 2023 earnings report on April 16 before market open, with consensus EPS estimates at $1.08, reflecting a 40.3% year-over-year increase, and revenue estimates at $2.15 billion, up 11.1% year-over-year.
- Historical Performance: Over the past two years, CFG has surpassed EPS estimates 88% of the time and revenue estimates 63% of the time, indicating a strong track record of reliability and performance in profitability and revenue growth.
- Estimate Revisions: In the last three months, EPS estimates have seen five upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and one downward revision, showcasing analysts' optimistic outlook on CFG's future performance.
- Market Analysis Insight: Analysts suggest that CFG's Q1 results should validate its recent strength, further solidifying its competitive position among regional banks, especially in light of the upcoming capital rule changes.
See More
Citizens Financial Group to Release Q1 Earnings
- Earnings Release Date: Citizens Financial Group is set to release its Q1 earnings on April 16, which is expected to provide investors with insights into the company's financial performance and market dynamics.
- Earnings Expectations: Analysts anticipate an EPS of $1.08, indicating the company's profitability and competitive position in the current economic landscape.
- Revenue Projections: The expected revenue for Q1 is $2.15 billion, which will serve as a critical indicator of the company's growth potential and strategic direction moving forward.
- Stock Performance: As of Tuesday, Citizens Financial Group's stock closed at $64.87, and investors will closely monitor market reactions post-earnings release to assess the stock's investment value.
See More
Citizens Bank Invests $2.85 Million to Enhance Financial Education
- Financial Education Investment: Citizens Bank has announced a $2.85 million investment across 23 states to support 135 nonprofit organizations, aimed at enhancing access to financial education and strengthening financial confidence at key life moments, reflecting the bank's commitment to community development.
- Community Partnership Programs: This investment will advance community-based programs that provide financial education on foundational skills such as budgeting, saving, and money management, with a particular focus on underserved and diverse communities to help them access culturally responsive education and asset-building support.
- Colleague Engagement in Education: Through the Citizens Money Essentials program, bank colleagues deliver company-approved financial empowerment workshops, contributing nearly 8,000 hours of volunteer service across 21 markets in 2025, helping individuals and small businesses gain essential financial knowledge.
- Student Support Initiatives: The Citizens Student Hub integrates digital resources to assist students and families in navigating college planning, saving, borrowing, and repayment, reflecting the bank's ongoing commitment to supporting financial education for students.
See More
Citizens Financial Group Reports Q1 Net Income Growth
- Net Income Growth: Citizens Financial Group reported a net income available to stockholders of $484 million for Q1, up from $340 million last year, demonstrating resilience amid geopolitical tensions and macroeconomic uncertainty, which bolsters investor confidence.
- Earnings Per Share Increase: The earnings per share rose to $1.13 from $0.77 last year, indicating a significant improvement in profitability that may attract more investor interest in the stock.
- Revenue and Loan Growth: Total revenue increased from $1.94 billion to $2.17 billion, while loans and leases grew from $137.64 billion to $143.67 billion, reflecting the company's expansion in the credit market and rising customer demand.
- Dividend Announcement: The company declared a quarterly dividend of $0.46 per share, payable on May 14 to shareholders of record as of April 30, highlighting its commitment to shareholder returns and further enhancing market confidence in its financial health.
See More
Citizens Financial Group Q1 Earnings Exceed Expectations
- Strong Earnings Performance: Citizens Financial Group reported a Q1 GAAP EPS of $1.13, beating estimates by $0.04, indicating sustained profitability and competitive strength in the market.
- Significant Revenue Growth: The company achieved revenues of $2.17 billion in Q1, an 11.9% year-over-year increase that surpassed market expectations by $10 million, reflecting robust performance amid economic recovery and rising market demand.
- Decrease in Nonaccrual Loans: Nonaccrual loans fell by 5%, largely driven by a 12% decrease in commercial loans, with the nonaccrual loans to total loans ratio improving to 1.04% from 1.15% in March 2025, indicating enhanced credit quality.
- Improvement in Credit Loss Reserves: The allowance for credit losses stood at $2.2 billion, down $27 million from March 2025, reflecting the runoff of the Non-Core portfolio and improving credit trends, which bolsters investor confidence in the company's future.
See More
Citizens Financial Group Reports Strong Q1 2026 Results
- Significant Earnings Growth: Citizens Financial Group reported a 47% year-over-year increase in EPS for Q1 2026, demonstrating strong profitability even in a seasonally soft market, indicating the company's ability to achieve sustainable growth amid macroeconomic uncertainty.
- Positive Operating Leverage: The company achieved a positive operating leverage of 7.2%, reflecting effective cost control and enhancing profitability in a competitive financial services market, thereby solidifying its market position.
- NIM Expansion: The net interest margin expanded by 7 basis points sequentially and 24 basis points year-over-year, showcasing the company's adaptability to changing interest rate environments, which is expected to support future revenue growth.
- Stable Dividend Distribution: The board declared a quarterly dividend of $0.46 per share, payable on May 14, 2026, which not only provides stable returns to shareholders but also reflects the company's strong financial position and confidence in future growth.
See More
Citizens Financial Group to Announce Q1 Earnings on April 16
- Earnings Announcement: Citizens Financial Group (CFG) is set to release its Q1 2023 earnings report on April 16 before market open, with consensus EPS estimates at $1.08, reflecting a 40.3% year-over-year increase, and revenue estimates at $2.15 billion, up 11.1% year-over-year.
- Historical Performance: Over the past two years, CFG has surpassed EPS estimates 88% of the time and revenue estimates 63% of the time, indicating a strong track record of reliability and performance in profitability and revenue growth.
- Estimate Revisions: In the last three months, EPS estimates have seen five upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and one downward revision, showcasing analysts' optimistic outlook on CFG's future performance.
- Market Analysis Insight: Analysts suggest that CFG's Q1 results should validate its recent strength, further solidifying its competitive position among regional banks, especially in light of the upcoming capital rule changes.
See More
Citizens Financial Group to Release Q1 Earnings
- Earnings Release Date: Citizens Financial Group is set to release its Q1 earnings on April 16, which is expected to provide investors with insights into the company's financial performance and market dynamics.
- Earnings Expectations: Analysts anticipate an EPS of $1.08, indicating the company's profitability and competitive position in the current economic landscape.
- Revenue Projections: The expected revenue for Q1 is $2.15 billion, which will serve as a critical indicator of the company's growth potential and strategic direction moving forward.
- Stock Performance: As of Tuesday, Citizens Financial Group's stock closed at $64.87, and investors will closely monitor market reactions post-earnings release to assess the stock's investment value.
See More
Citizens Bank Invests $2.85 Million to Enhance Financial Education
- Financial Education Investment: Citizens Bank has announced a $2.85 million investment across 23 states to support 135 nonprofit organizations, aimed at enhancing access to financial education and strengthening financial confidence at key life moments, reflecting the bank's commitment to community development.
- Community Partnership Programs: This investment will advance community-based programs that provide financial education on foundational skills such as budgeting, saving, and money management, with a particular focus on underserved and diverse communities to help them access culturally responsive education and asset-building support.
- Colleague Engagement in Education: Through the Citizens Money Essentials program, bank colleagues deliver company-approved financial empowerment workshops, contributing nearly 8,000 hours of volunteer service across 21 markets in 2025, helping individuals and small businesses gain essential financial knowledge.
- Student Support Initiatives: The Citizens Student Hub integrates digital resources to assist students and families in navigating college planning, saving, borrowing, and repayment, reflecting the bank's ongoing commitment to supporting financial education for students.
See More
