Citizens has launched Citizens Treasury Intelligence™, a digital platform that gives commercial banking clients a consolidated view of their cash across all their banks. It also offers analytics, forecasting and workflow tools. A basic version will be free to eligible accessOPTIMA® information reporting clients, with paid tiers for those with greater treasury needs. Full rollout is expected in the first quarter of 2027. The platform combines Citizens' treasury expertise, Trovata's fintech platform and Mastercard's banking ecosystem. It automatically gathers and categorises data from multiple banks, replacing the portals and spreadsheets many companies still use. "Treasury teams are managing more information across more banking relationships, and too much of that work happens manually," said Mike Cummins, head of treasury and wholesale payments at Citizens. Mastercard research found 60% of mid-market businesses see multi-bank cash visibility as critical, and 52% say the same of cash flow forecasting.

Citizens Financial Group raised its quarterly dividend 13%, from $0.52 to... Correction, final copy: Citizens Financial Group raised its quarterly dividend 13%, from $0.46 to $0.52 per share, lifting the annualised payout from $1.84 to $2.08. The Providence, Rhode Island, lender announced the increase on October 16 alongside third-quarter results. Net income rose 29% year-over-year to $636 million. Revenue climbed almost 10% to $2.32 billion, narrowly missing the $2.33 billion consensus estimate, while earnings per share of $1.41 beat the $1.39 forecast. The bank also added $1.3 billion to its share-repurchase capacity, bringing the total to $1.95 billion. Shares closed at $64.22 on October 20, up 10% this year. Analysts' average price target of $77.07 implies 20% upside.