Citizens Financial posts Q3 2026 net income of $636 million, raises dividend
Citizens Financial Group reported third quarter 2026 net income of $636 million and EPS of $1.41, and raised its quarterly dividend 13% to $0.52 per share.
The story in focus
Citizens Financial Group reported third quarter 2026 net income of $636 million, up 29% year over year, and EPS of $1.41, up 34% year over year. Its board raised the quarterly dividend 13% to $0.52 per share and increased share repurchase capacity to $1.95 billion.
- Net income was $636 million, up 29% year over year; EPS was $1.41, up 34% year over year and 8% quarter over quarter.
- The board declared a quarterly dividend of $0.52 per share, a 13% increase, payable November 13, 2026 to shareholders of record October 30.
- Share repurchase capacity rose to $1.95 billion, $1.3 billion above the $650 million remaining under the June 2025 authorization.
Results and capital returns
Citizens Financial Group reported third quarter 2026 net income of $636 million, up 29% year over year, and earnings per share of $1.41, up 34% year over year and 8% quarter over quarter. The company reported a return on tangible common equity of 15.1% and positive operating leverage of 5.3% year over year.
Alongside the results, the board declared a quarterly common stock dividend of $0.52 per share, a $0.06 or 13% increase over the prior quarter. It is payable November 13, 2026 to shareholders of record at the close of business on October 30, 2026. The board also raised common share repurchase capacity to $1.95 billion, an increase of $1.3 billion above the $650 million remaining under the prior June 2025 authorization.
Leadership commentary and outlook
Chairman and CEO Bruce Van Saun said the company delivered revenue and earnings growth despite significant volatility in the external environment. He said Citizens remains focused on strategic initiatives, its AI, technology and cybersecurity agenda, and attracting talent, and expressed confidence in its positioning and outlook for the fourth quarter and 2027. Those statements are forward-looking.
Citizens reported $234.5 billion in assets as of September 30, 2026, and said it will host a conference call at 9:00 am ET on October 16, 2026 to review the results. The earnings release, investor presentation and financial supplement were made available and furnished to the SEC on Form 8-K.
How much did Citizens raise its quarterly dividend?
Citizens raised its quarterly common stock dividend to $0.52 per share, a $0.06 or 13% increase over the prior quarter. It is payable November 13, 2026 to shareholders of record on October 30, 2026.
Sources & further reading
- Citizens Financial Group, Inc. Reports Third Quarter 2026 Net Income of $636 million, up 29% YoY, and EPS of $1.41, up 34% YoY and 8% QoQ ↗investor.citizensbank.com
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