Fitch upgrades Citizens Financial rating on profitability By Investing.com

Fitch Ratings has upgraded Citizens Financial Group and its subsidiary Citizens Bank to 'A-' from 'BBB+', citing consistent improvements in earnings power and profitability. The upgrade reflects sustained margin expansion, stable credit costs, and growth in fee-generating businesses like private banking and capital markets. This move aligns Citizens Financial's credit profile with its large regional peers, recognizing its strong market presence and diverse revenue streams.