Citizens Financial Group, Inc. reported its financial results for the second quarter of 2025, showcasing strong performance compared to the previous quarter and the same period last year. The company's total revenue for the quarter was $2.037 billion, marking a 5% increase from the first quarter of 2025 and a 4% rise from the second quarter of 2024. Net income available to common stockholders rose to $402 million, an 18% increase from the previous quarter and an 8% increase year-over-year. Earnings per share $(EPS)$ stood at $0.92, up $0.15 from the previous quarter, representing a 19% increase, and an increase of $0.10, or 12%, compared to the same quarter last year. This growth was driven by a strong revenue performance and disciplined expense management. The company announced a quarterly common stock dividend of $0.42 per share, payable on August 14, 2025, to shareholders of record as of July 31, 2025. Citizens Financial Group also reported a 1% quarter-over-quarter increase in average deposits, with growth in lower-cost categories. Their liquidity profile remains strong, with a spot loan-to-deposit ratio of 79.6%. The Common Equity Tier 1 (CET1) ratio was reported at 10.6%, and tangible book value per share increased by 4% quarter-over-quarter to $35.23.
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