BRIEF-Citizens Financial Expects Q2 Net Interest Income Up 3% To 4%
Citizens Financial Group, Inc. CFG | 0.00 |
April 16 (Reuters) - Citizens Financial Group Inc CFG.N:
CITIZENS FINANCIAL: OUTLOOK Q2 NET INTEREST INCOME UP 3 TO 4%
CITIZENS FINANCIAL: OUTLOOK Q2 CET1 RATIO 10.5-10.6%; $225 MILLION IN SHARE REPURCHASES- PRESENTATION
CITIZENS FINANCIAL: OUTLOOK MEDIUM-TERM NIM TARGET 3.30 TO 3.50%
CITIZENS FINANCIAL: $14.7 BILLION PRIVATE CAPITAL RELATED LENDING
CITIZENS FINANCIAL: $4.1B PRIVATE CREDIT FINANCE AS OF MARCH 31, 2026
CITIZENS FINANCIAL: $74.6B COMMERCIAL CREDIT PORTFOLIO AS OF Q1
CITIZENS FINANCIAL: NON-CORE PORTFOLIO REDUCED FROM ABOUT $2.5 BILLION AT Q4 2025 TO ABOUT $2.0 BILLION AT Q1 2026
CITIZENS FINANCIAL: NON-CORE PORTFOLIO EXPECTED TO DECLINE TO ABOUT $1.1 BILLION BY YEAR-END 2026
CITIZENS FINANCIAL: EXPECT MINIMAL EPS IMPACT IN 2026 AND ABOUT $100 MILLION PRE-TAX RUN-RATE BENEFIT BY YEAR-END 2026
CITIZENS FINANCIAL: TARGETING ABOUT $450 MILLION PRE-TAX RUN-RATE BENEFIT BY YEAR-END 2028
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