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FINWIRES

Research Alert: Cfg: Q1 2026 Earnings Beat On Improving Credit Quality And Margin Expansion

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Citizens Financial Group Inc. (CFG) delivered strong Q1 2026 results with operating EPS of $1.13 vs. $0.77 in the prior year, beating consensus by $0.04. Revenue of $2.17B was in line with estimates, rising 1% Y/Y and 12% Q/Q, supported by net interest income growth as NIM expanded 7 bps to 3.14%. This represents an excellent performance, in our view, as we expect most peers to report stable NIMs in the quarter. Credit quality continued its steady improvement with net charge-offs declining to 39 bps from a 58 bps peak a year ago, marking four consecutive quarters of sequential improvement. Balance sheet momentum persisted with 1% sequential loan growth led by Commercial and Private Bank expansion. The Private Bank reached $16.6B in spot deposits and contributed $0.11 to EPS, demonstrating continued scaling of this key competitive differentiator. CFG maintained a strong capital position with a 10.5% CET1 ratio while returning $498M to shareholders through $300M in buybacks and $198M in dividends.

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