Citizens Financial sees Q4 net interest income up about 2.5% to 3%
CFG•Citizens Financial expects fourth-quarter 2026 net interest income to rise about 2.5% to 3%. It also expects about $200 million in share repurchases and targets a 16% to 18% ROTCE by the end of 2027.
1. Outlook and targets
Citizens Financial said in a presentation that it expects fourth-quarter 2026 net interest income to increase about 2.5% to 3%. The company expects a CET1 ratio of about 10.6% to 10.7% and about $200 million in share repurchases for the quarter.
2. Longer-term goals
Citizens Financial said it is well positioned to deliver 16% to 18% ROTCE by the end of 2027. It projects net interest margin of 3.30% to 3.50% by the fourth quarter of 2027 and targets pretax run-rate benefits of about $100 million by year-end 2026, about $225 million by year-end 2027 and more than $450 million by year-end 2028. It expects minimal EPS impact in 2026 and its non-core portfolio to decline to about $1.0 billion by year-end 2026.
