Citizens Financial Group (NYSE:CFG) reported better-than-expected earnings for the first quarter on Thursday.
The company posted quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $1.09 per share. The company reported quarterly sales of $2.168 billion which beat the analyst consensus estimate of $2.163 billion.
“We are pleased to get off to a strong start in 2026 notwithstanding heightened geopolitical tensions and uncertainty in the macro environment,” said Chairman and CEO Bruce Van Saun. “Our financial results in a seasonally soft quarter were good, with year-over-year EPS growth of 47%, positive operating leverage of 7%, NIM expansion of 7 bps sequentially and 24 bps versus a year ago, and a robust balance sheet position. …