What You Need To Know Ahead of Citizens Financial's Earnings Release

Providence, Rhode Island-based Citizens Financial Group, Inc. (CFG) is a bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States. The company is valued at $29.9 billion and is expected to release its Q2 2026 earnings on Thursday, July 16, before the market opens. 

Ahead of the event, analysts expect the company’s EPS to be $1.26 on a diluted basis, up 37% from $0.92 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters.  

For fiscal 2026, analysts project the company’s EPS to be $5.20, up 34.7% from $3.86 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 23.5% year over year (YoY) to $6.42 in fiscal 2027.      

CFG stock has surged 63.9% over the past 52 weeks, rallying the S&P 500 Index’s ($SPX) 20.8% rise and the State Street Financial Select Sector SPDR ETF’s (XLF) 4% rise during the same time frame.        

On Apr. 17, CFG stock rose marginally following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $3 billion, surpassing the Street’s forecasts. Moreover, its adjusted EPS came in at $1.13, also coming in on top of Wall Street’s forecasts. 

Analysts are somewhat bullish on CFG, with the stock having a “Strong Buy” rating overall. Among the 20 analysts covering the stock, 15 are recommending a “Strong Buy,” two suggest a “Moderate Buy,” and three suggest a “Hold” for the stock. CFG’s average analyst price target is $73.53, indicating an upside of 4.1% from the current levels.