Highest-materiality recent filing
Citizens Financial Q1 net income $517M, EPS $1.13, up 47% YoY; NIM expands to 3.14%
Net income $517M (+39% YoY); diluted EPS $1.13 (+47% YoY); ROTCE 12.2%.
Citizens Q4 EPS $1.13, ROTCE 12.2%; dividend $0.46
EPS of $1.13, up 8% QoQ; ROTCE 12.2% vs 11.7% in Q3.
Citizens Financial Q4 net income $528M, EPS $1.13, up 36% YoY; full-year EPS $3.86 up 19% underlying
Q4 net income $528M (up 32% YoY); diluted EPS $1.13 (up 36% YoY); revenue $2.16B (up 8.6% YoY).
Citizens Financial Q3 net income $494M, EPS $1.05; PPNR up 9% QoQ
EPS of $1.05 vs $0.92 in Q2; ROTCE 11.7% vs 11.0%.
Citizens Financial names Aunoy Banerjee as CFO, effective Oct 24, 2025
Banerjee joins from Barclays Bank PLC, where he was CFO; replaces outgoing CFO John Woods (departs Aug 15).
Citizens Financial issues 16M depositary shares of 6.5% Series I Preferred Stock
Offering of 16,000,000 depositary shares (each 1/40th interest in a share of 6.500% Series I Preferred Stock, liquidation preference $1,000/share).
Citizens Financial Q2 2025 EPS $0.92, revenue $2.04B; proposes Series I preferred offering
EPS of $0.92, up $0.15 QoQ; underlying EPS also $0.92. Revenue $2,037M, up 5.3% QoQ.
Citizens Q2 EPS $0.92, up $0.15 QoQ; NII +3%, fee income +10%, operating leverage ~5%
Net income $436M, diluted EPS $0.92; underlying EPS same.
Citizens Financial Group boosts share repurchase authorization to $1.5 billion
Board increased buyback capacity by $1.2B to a total of $1.5B.
CFG promotes Coughlin to President; CFO Woods to depart in August 2025
Brendan Coughlin promoted to President from Vice Chair, effective April 30, 2025; will oversee Consumer Banking, Private Bank, Wealth, plus Enterprise Data & Analytics and Marketing.
Citizens posts Q1 net income $373M, EPS $0.77; agrees to sell $1.9B in non-core education loans
Net income $373M, diluted EPS $0.77; underlying EPS $0.77; ROTCE 9.6%.
Citizens Financial Q4 2024 net income $401M ($0.83 EPS); underlying EPS $0.85
Net income of $401M vs $189M in Q4 2023; GAAP EPS $0.83 vs $0.34 YoY.
Citizens Financial Q3 net income drops to $382M; underlying EPS $0.79; CET1 10.6%
Net income $382M ($0.77 EPS); underlying net income $392M ($0.79 EPS).
Citizens Financial issues $1.25B in 5.718% Fixed/Floating Senior Notes due 2032
Completed $1.25B aggregate principal amount of 5.718% Fixed/Floating Rate Senior Notes due July 23, 2032.
Citizens Q2 2024 underlying EPS $0.82, revenue $1.96B, NII down 2% QoQ
Underlying EPS $0.82 vs $1.04 YoY; GAAP EPS $0.78 vs $0.92 YoY; net income $392M.
Citizens Financial Q2 2024 net income $392M ($0.78 EPS); underlying EPS $0.82
Underlying EPS $0.82, ROTCE 11.1%; revenue $1,963M, up slightly QoQ.
Citizens Financial Group preliminary SCB 4.5%; increases buyback authorization to $1.25B
Federal Reserve communicated preliminary Stress Capital Buffer of 4.5%, effective Oct 1, 2024; implied regulatory minimum CET1 now 9.0%.
Don McCree appointed Senior Vice Chair effective June 13, 2024, recognizing his performance leading Commercial Banking since 2015.
Citizens Financial Q1 underlying EPS $0.79; revenue falls 8% YoY to $1.96B
Underlying EPS of $0.79 (vs $1.10 Q1 2023); GAAP EPS $0.65.
Citizens Financial Q1 net income $334M, EPS $0.65; underlying EPS $0.79; NIM stable 2.91%
Net income $334M vs $511M YoY; diluted EPS $0.65 vs $1.00; underlying EPS $0.79 vs $1.10.
John F. Woods, Vice Chair and Chief Financial Officer, notified the Company on April 24, 2025 of his decision to depart from the Company to accept another opportunity.
Brendan Coughlin, currently Vice Chair and Head of Consumer, Private Banking and Wealth, has been promoted to President
On September 19, 2024 its board of directors (the “Board”) appointed Claude E. Wade to the Company’s Board effective March 1, 2025.
The Company also announced that Wendy Watson will retire from the Board after her current term expires at the annual meeting of shareholders in April 2025.
On September 11, 2024, Citizens Financial Group, Inc. (the “Company” or “Citizens”) appointed Christopher Schnirel as Controller and Chief Accounting Officer, effective October 21, 2024.
On June 13, 2024, the Board named Don McCree, Vice Chair and Head of Commercial Banking, as Senior Vice Chair.
Upon Mr. Read’s departure, John F. Woods, Vice Chair and Chief Financial Officer of the Company, will serve as Chief Accounting Officer on an interim basis while the Company conducts an internal and external search for Mr. Read’s successor.
On June 7, 2024, Jack Read, Corporate Controller and Chief Accounting Officer of Citizens Financial Group, Inc. (the “Company”) informed the Company of his decision to resign, effective August 7, 2024, to pursue a career opportunity with an organization outside of the banking sector.
Max materiality 0.80 · Median 0.65 · Most common event earnings