Citizens Financial: 3 Key Takeaways for Long-Term Investors

Citizens Financial reported record Q3 2026 quarterly revenues of $2.3 billion driven by net interest margin expansion. The bank expects ROTCE to reach its 16-18% target by late 2027, supported by expanding margins, private bank deposit growth to $18.5 billion, and accelerated cost savings from its Reimagine the Bank program. Management authorized an additional $1.3 billion in share repurchases, bringing total authorization to $1.95 billion.