Citizens Financial Group posted a solid start to 2026 with 47% YoY EPS growth, driven by record fee performance and NIM expansion, amid a challenging macro backdrop.
- EPS of $1.13 and ROTCE of 12.2%, supported by 24 bp NIM expansion and positive operating leverage of 7%
- Net interest income increased 1.6% QoQ, aided by favorable margin dynamics and loan growth
- Record first quarter fee income, up 11% YoY, with strength in capital markets, M&A, and wealth segments
- Private Bank profitability grew, contributing $0.11 EPS, with continued deposit growth and strategic expansion
- Balance sheet remains robust with CET1 at 10.5% and prudent credit positioning, as credit trends stay favorable
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