Citizens Financial Group Q3 net income rises 29% to $636 million; dividend up 13%
Citizens Financial Group reported third quarter 2026 net income of $636 million, up 29% from a year earlier, with diluted EPS of $1.41 compared with $1.05 in third quarter 2025. The board raised the quarterly common dividend to $0.52 per share and increased share repurchase capacity to $1.95 billion, which matters to shareholders because it returns more capital to them, though tangible book value per share fell 6.6% in the quarter.
Key points
- Net income of $636 million, up 29% year over year and 8% from second quarter 2026; diluted EPS of $1.41 versus $1.30 in second quarter 2026 and $1.05 in third quarter 2025.
- Quarterly common dividend raised to $0.52 per share, an increase of $0.06, or 13%, payable November 13, 2026 to holders of record on October 30, 2026.
- Share repurchase capacity increased to $1.95 billion, $1.3 billion above the $650 million remaining under the June 2025 authorization.
- Tangible book value per common share was $35.78, down 6.6% from second quarter 2026, which the company attributed to higher long-term rates on its investment securities and swap portfolios.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.