Citizens Bank, N.A.: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Total interest expense rose 6.5% from Q1 2026 to Q2 2026, ending at $869.9M against $816.8M. It was the largest change among the key lines on this page. Among 5 Rhode Island banks, Citizens Bank, N.A. sits 3rd from the top on net interest margin, 3.23% as of Q2 2026. The median for banks in the $100B-250B asset tier is 3.43% on net interest margin. Citizens Bank, N.A. sits 0.20 points lower, at 3.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.92% |
| Yield on loans | 5.38% |
| Yield on securities | 3.73% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.76% |
| Cost of interest-bearing deposits | 2.08% |
| Cost of interest-bearing liabilities | 2.25% |
| Cost of borrowings | 4.57% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.23% |
| Yield to cost spread | 2.67% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.98B |
| Total interest expense | $869.9M |
| Interest expense on deposits | $747.3M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 5.22% | 2.20% | 3.10% | 5.73% | 2.97% |
| Q4 2023 | 5.28% | 2.40% | 2.98% | 5.76% | 3.24% |
| Q1 2024 | 5.24% | 2.39% | 2.94% | 5.67% | 3.68% |
| Q2 2024 | 5.22% | 2.39% | 2.91% | 5.62% | 3.76% |
| Q3 2024 | 5.18% | 2.40% | 2.86% | 5.56% | 3.82% |
| Q4 2024 | 5.04% | 2.16% | 2.97% | 5.42% | 3.79% |
| Q1 2025 | 4.84% | 1.97% | 2.95% | 5.23% | 3.66% |
| Q2 2025 | 4.93% | 1.97% | 3.04% | 5.32% | 3.74% |
| Q3 2025 | 5.00% | 1.97% | 3.12% | 5.42% | 3.78% |
| Q4 2025 | 4.93% | 1.83% | 3.18% | 5.36% | 3.76% |
| Q1 2026 | 4.81% | 1.69% | 3.18% | 5.25% | 3.65% |
| Q2 2026 | 4.92% | 1.76% | 3.23% | 5.38% | 3.73% |
Citizens Bank, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Citizens Bank, N.A., freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Citizens Bank, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57957) · FFIEC NIC profile (RSSD 3303298)