By Nicholas G. Miller

Citizens Financial reported higher third-quarter revenue and profit, as net interest income rose and credit results improved.

The bank posted adjusted net income available to common stockholders of $457 million, or $1.05 a share, up from $354 million, or 79 cents a share, the year prior. Analysts expected $1.03 a share, according to FactSet.

Revenue came in at $2.12 billion, up from $1.9 billion the year before. Wall Street expected $2.1 billion.

Net interest income rose 9% to $1.49 billion and in strong signs for consumer credit health, provision for credit losses fell 10% to $154 million while net charge-offs fell 16% to $162 million.

The company also said a pick-up in market activity fueled 77% growth in fees for its capital markets division.

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

(END) Dow Jones Newswires

October 15, 2025 07:02 ET (11:02 GMT)

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