Citizens Financial Group

Citizens’ earnings path is improving but remains tied to the rate cycle and credit costs. TTM EPS is ~3.57 (Q4 2024 0.83, Q1 2025 0.77, Q2 2025 0.92, Q3 2025 1.05), with positive operating leverage and fee momentum. The bank is shrinking non‑core portfolios and reducing office CRE exposure, which supports steadier forward earnings.

That said, regional banks are not true subscription models, and results depend on funding costs, yield curve, and credit normalization.