By Nicholas G. Miller

Citizens Financial reported higher fourth-quarter profit with the help of fee growth from its wealth and capital-markets businesses.

The bank reported net income of $528 million, or $1.13 a share, up from $401 million, or 83 cents a share, the year prior. Analysts expected $1.10 a share, according to FactSet.

Revenue rose to $2.16 billion from $1.99 billion a year earlier. Wall Street forecast $2.15 billion.

Net interest income rose 9% to $1.54 billion, while provision for credit losses fell 15% to $137 million.

Chief Executive Bruce Van Saun said the company saw strong fee growth, led by its wealth and capital-markets divisions. Wealth fees rose 31%, while capital-markets fees increased 16% from the prior year.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

January 21, 2026 06:41 ET (11:41 GMT)

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