PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Citizens Bank, National Association

Providence, RI · Cert 57957 · Citizens Financial Group Inc.

National charter · OCC · 971 branches

Q2 2026

$232.5BAssets
$149.2BLoans
$188.7BDeposits
$26.5BEquity
Loan mix
67%RE $82.8B22%C&I $27.7B11%Consumer $13.3BQ3 2024Q2 2026
Deposit mix
77%Interest-bearing $144.9B23%Noninterest $43.9BQ3 2024Q2 2026

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 10.1% share · #3 of 100 inst. · $58.4B of $580.3B

10.2% Suffolk
44.1% Providence
13.7% Philadelphia
10.6% Middlesex

Executive Summary

  • Earnings: ROA of 1.04%, up 17 bps year over year; NIM at 2.90%.
  • Asset quality: problem loans at 1.36% of loans (-7 bps YoY), with net charge-offs at 0.36%.
  • Capital: tier 1 leverage ratio of 9.39%, down 40 bps from a year ago.
  • Funding: loans stand at 79.08% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.04%+17 bps YoY

Net Interest Margin (quarter, annualized)

2.90%+19 bps YoY

Efficiency Ratio (quarter, annualized)

59.25%-267 bps YoY

Tier 1 Leverage Ratio

9.39%-40 bps YoY

NIM

4.66%Q2 ’244.39%Q2 ’254.42%Q2 ’26+4%+7%

Non-interest income vs. expense

2.23%Q2 ’242.31%Q2 ’252.31%Q2 ’26-4%+2%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.74%0.77%0.76%0.87%0.91%0.95%0.94%1.04%+17 bps
Return on Equity6.80%6.81%6.68%7.42%7.65%7.96%7.98%9.04%+162 bps
Net Interest Margin2.55%2.65%2.63%2.71%2.78%2.84%2.85%2.90%+19 bps
Efficiency Ratio63.95%65.00%64.70%61.92%61.10%61.33%61.38%59.25%-267 bps
Non-Interest Burden1.35%1.41%1.40%1.32%1.35%1.38%1.41%1.34%+2 bps
Growth
Asset Growth (YoY)-2.41%-2.06%-0.06%-0.76%1.17%4.00%3.24%6.67%+743 bps
Loan Growth (YoY)-5.50%-4.62%-2.39%-0.90%-0.17%2.78%3.53%5.46%+636 bps
Deposit Growth (YoY)-1.38%-1.54%1.04%-0.73%2.65%4.65%2.99%5.59%+632 bps
Asset Quality
Nonperforming Loans / Loans1.52%1.55%1.48%1.42%1.37%1.40%1.48%1.36%-7 bps
Net Charge-Offs / Loans0.54%0.54%0.57%0.47%0.46%0.43%0.38%0.36%-11 bps
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.36%9.56%9.74%9.79%9.80%9.77%9.61%9.39%-40 bps
Total Risk-Based Capital13.72%14.16%14.25%14.31%14.31%14.14%13.98%13.75%-56 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits79.65%78.77%77.48%79.17%77.46%77.36%77.88%79.08%-10 bps
Liquid Assets / Assets3.98%3.96%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a