CFG / Q3 2026 (quarter ended September 30, 2026)

Citizens Financial

Reported 2026-10-16

Published forecast

Oct 12, 2026, 2:36 AM PDT

Opus 5.5 High in Shortcut

Shortcut

1.38

Shortcut normalized EPS

-0.7% vs Street*

Street

1.39

Street normalized EPS

Frozen October 11 snapshot

Real

1.41

Reported diluted EPS

Shortcut loss

Shortcut off by $0.03 · Street off by $0.02.

Uses reported diluted EPS of $1.41. The original model assumes no normalization adjustments. The score compares published values; exact normalization matching remains unverified.

Issuer earnings release ↗

USD per diluted share

Explore the model.

Open the assumptions and calculations behind this earnings forecast.

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Model note: The model includes a $4m deemed preferred dividend, worth about $0.009/share. Some preferred-stock and cash-flow schedules remain incomplete.

Behind the estimate.

The model forecasts $1.38 per diluted share for the quarter ended September 30, 2026.

Forecast and independent review: Opus 5.5 High in Shortcut.

Model assumptions and review notes

Modeled normalized EPS; comparability with the frozen Street definition remains unconfirmed. The score compares published values directly.
F-01: Series G $4M deemed dividend recognition in 3Q26 and comparator inclusion unverified; EPS 1.380473 vs 1.389870 if excluded (-$0.009396); carrying rounding +/-$0.00117.
F-02: normalized comparator assumed = GAAP; +$0.001832 per $1M pre-tax exclusion (~$2.47M would round EPS to $1.39).
F-03: Series J $400M issuance and Series G liability reclass not on BS/CF; no NI-to-common effect at current assumptions; liquidity NII effect unquantified.
F-08: -22pp P(beat) judgment unfitted; no EPS dependency.
F-07/F-13: market cap from dynamic page retrieved after cutoff (published pre-cutoff), S&P flag from only; classification robust.
F-09: NI consensus field definition unverified (reference only).
F-04/F-05/F-06: disclosed supporting-line items retained per original basis and scope.
Normalized comparator basis. Whether normalized 3Q26 consensus/actual excludes the $4M Series G deemed dividend is unconfirmed. Exclusion would raise comparable EPS by $0.009396, to 1.389869. Each other $1M pre-tax excluded item adds $0.001832.
Series G carrying amount of $296M is rounded. ±$0.5M = ±$0.0012 EPS.
Series J $400M (30 Jul 2026) and the Series G redemption-liability reclassification are not on BS/CF; net proceeds are not captured in the workbook. EPS dependency: 0.
The market cap (S23, dynamic page, fetched 2026-10-12) and the S&P 500 flag (summary row only) are not independently snapshot-verified. The classification is robust to either path.
The -22pp quarter-specific P(beat) adjustment is a judgment that was not re-fitted after the r5 EPS revision. It is preserved and does not affect EPS.
Dynamic sources S23-S25 and S27 were fetched post-cutoff and may carry later edits.
Implied Other-segment NCO of -1.15 and the other-segment fee plug of 51.5 remain disclosed residual assumptions. EPS dependency: 0.

On the record.

Reporting period: Q3 2026 (quarter ended September 30, 2026), ended 2026-09-30
Reporting basis: Normalized diluted EPS per common share, USD = IS G99 (normalized NI to common = GAAP NI to common G85 + notable items G96:G98 = 0) / diluted shares IS G88 (Share Count G21); equals GAAP G90; Series G $4M deemed dividend included per 3Q25 precedent
Published: Oct 12, 2026, 2:36 AM PDT
Model / effort: Opus 5.5 · High effort

Original forecasts, models and publication times remain on the record.

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