Key Points – Citizens Financial Group posted strong Q2 2026 results, with EPS up 15% sequentially and 41% year over year as revenue growth and expense discipline drove more than 600 basis points of positive operating leverage. – Growth was led by net interest income, which rose…
4% from the prior quarter and 14% from a year ago, while fee revenue climbed on strength in capital markets, wealth, and payments. Loan growth also remained broad-based across the bank’s businesses. – The company highlighted continued expansion in its private bank and progress in efficiency initiatives, and it expects revenue and operating leverage to remain strong while maintaining a path toward its 16% to 18% ROTCE target by the end of 2027. – Top 3 Bank Stocks to Watch as Fed Rate Cuts Loom Citizens Financial Group (NYSE:CFG) reported what Chairman and CEO Bruce Van Saun described as “outstanding results” for the second quarter of 2026, citing accelerating revenue growth, disciplined expense management and continued progress in strategic initiatives including the company’s private bank expansion and technology-driven efficiency program
Van Saun said earnings per share rose 15% sequentially and 41% from a year earlier, while return on tangible common equity improved to 13.9%. CFO Aunoy Banerjee said Citizens delivered EPS of $1.30 for the quarter, up $0.17 from the first quarter, as record revenue and expense control generated more than 600 basis points of positive operating leverage year over year. – Regional Bank Buybacks: 5 Institutions Making Big Moves “Our performance was powered by significant revenue growth,” Van Saun said. Net interest income rose 4.4% from the prior quarter and 14% year over year, driven by net interest margin expansion and stronger loan growth across the company’s businesses.
Fee revenue increased 8% sequentially and 9% from a year earlier, helped by capital markets, wealth and payment-related businesses. Net Interest Income and Loan Growth Strengthen Banerjee…