Citizens Financial rises after Q2 profit jump

Citizens Financial

16/07/2026 13:15

** Shares of regional bank Citizens Financial Group CFG.N  rise 1.2% to $71.9 premarket
** Co posts quarterly net profit of $587 million, or $1.30 per share, vs $436 million, or 92 cents per share, a year earlier
** Q2 capital markets fees surged 45.7% to $153 million, while wealth fees jumped about 16% to $102 million from the year earlier
** Analysts at RBC Capital Markets say results were driven by lower-than-expected provision for credit losses, higher-than-expected noninterest income and net interest income
** Sixteen of 19 analysts rate stock "strong buy" or "buy" and three "hold"; their median PT is $77.5 - data compiled by LSEG
** As of last close, stock up 21.7% YTD



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))