Citizens reports Q3 profit growth, raises dividend and buyback capacity

Citizens Financial Group reported third-quarter 2026 net income of $636 million, up 29% year over year, and diluted EPS of $1.41, up 34%; revenue rose 10% to $2.32 billion, supported by 13% growth in net interest income. The board raised the quarterly dividend 13% to $0.52 per share, payable November 13, 2026 to shareholders of record October 30, and increased common-stock repurchase capacity to $1.95 billion; credit losses remained stable at 37 basis points, while fourth-quarter guidance calls for net interest income to rise about 2.5%-3% and roughly $200 million of share repurchases.