Filing Flows › Citizens Financial Group (CFG) › Q1 2026
Citizens Financial Group (CFG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Citizens Financial Group (CFG) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +12% from a year earlier and +0.5% from the quarter before. Operating margin was 30.0%, net earnings $517M (23.8% of revenue).
Citizens Financial Group, Q1 2026: revenue $2.2B (+12% year over year), operating margin 30.0%, net earnings $517M, operating cash flow $237M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +0.5% | +12% |
| Operating profit | $650M | -4% | +39% |
| Net earnings | $517M | -2% | +39% |
| Operating cash flow | $237M | — | — |
What changed
Revenue was $2.2B in Q1 2026, up 12% year over year and up 1% from the previous quarter.
Operating profit was $0.65B, a 30.0% margin (up 5.8 points year over year). Of the extra revenue versus Q1 2025, 78% reached operating profit, above the 24% margin then. Total costs grew 3% against revenue growth of 12%. Net earnings were $0.52B, up 39% year over year. The effective tax rate was 20.5%.
Operating cash flow was $0.24B, 46% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.43B.
Questions
What was Citizens Financial Group's revenue in the first quarter 2026?
Citizens Financial Group (CFG) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +12% from a year earlier and +0.5% from the quarter before.
Was Citizens Financial Group profitable in the first quarter 2026?
Operating profit was $650M (30.0% of revenue) and net earnings $517M.