Overview
U.S. financial institution's Q4 net income rose 32% yr/yr to $528 mln
EPS for Q4 increased 36% yr/yr to $1.13
Company declared quarterly dividend of $0.46 per share
Outlook
Company did not provide specific guidance for future quarters or full year 2026
Result Drivers
GROWTH INITIATIVES - Strong execution of key growth initiatives contributed to Q4 results, according to CEO Bruce Van Saun
FEE GROWTH - Strong fee growth, led by Capital Markets and Wealth, supported financial performance
PRIVATE BANK PERFORMANCE - Private Bank's year-end deposits of $14.5 bln contributed 7% accretion to bottom line at 25% ROE
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.13
Q4 Net Income
$528 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Citizens Financial Group Inc is $69.00, about 15.4% above its January 20 closing price of $59.81
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nBwb93x6qa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)