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Q2 2026 · read from the 30 June 2026 Call Report · United States · New England · Rhode Island, the state note

Citizens Bank National Association

Providence, Rhode Island · $232.52B in assets · beside the 5 other New England banks over $10B (the state alone holds too few in the band to rank)

The filing

1.36%
NPA / loans
6th of 6
0.99%
ROA
6th of 6
+5.5%
Loans, year over year
6th of 6, largest first

Citizens Bank National Association is the second largest of the 6 New England banks over $10B, with $232.52B in assets at 30 June 2026. Loans are 79.1% of deposits, 2nd of 6 against a median of 85.6%, and equity is 11.4% of assets, 5th of 6. Loans grew +5.5% in the year, the slowest in the cohort, and deposits grew 5.6%; the cohort's median loan growth is +18.4%.

Noncurrent loans are 1.36% of the book, the highest in the cohort against a median of 0.66%; 0.31% is 30 to 89 days past due, and the allowance covers them 1.0 times. Net charge-offs are 0.37% of loans, the highest in the cohort. Commercial real estate is 15.4% of loans, 2nd of 6 against a median of 35.2%, and 95% of capital, below the 300% screen, with construction at 20% against the 100% screen.

Return on assets is 0.99%, the lowest in the cohort against a median of 1.09%, on an efficiency ratio of 60.6%, 4th of 6. Five years ago it was 1.37%. The question this shape raises is what the liquidity earns, and what a rate path does to the securities book and the deposit base.

Nonperforming loans, share of loansNew England banks over $10B · 30 June 2026 · lower is stronger, listed first
median 0.66% EB Eastern Bank 0.47% SS State Street Bank & Trust Co. 0.56% RT Rockland Trust Co. 0.56% WB Webster Bank National Association 0.76% BB Beacon Bank & Trust 0.90% CB Citizens Bank National Association 1.36%
Loans, year over yearNew England banks over $10B · 30 June 2026 · no better direction, largest first
median +18.4% BB Beacon Bank & Trust +229.1% EB Eastern Bank +27.3% RT Rockland Trust Co. +26.6% SS State Street Bank & Trust Co. +10.3% WB Webster Bank National Association +7.3% CB Citizens Bank National Association +5.5%

SBA 7(a), FY2008 to FY2026

Citizens Bank National Association is the 5th largest 7(a) lender into Massachusetts of 309, with $261M across 1,649 loans, 4.1% of everything approved in the state (Eastern Bank leads with $778M). 165 of its 255 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Massachusetts, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Middlesex, MA$66M5th of 1904.2%+0.4 pts
Providence, RI$62M3rd of 999.4%-8.3 pts
Norfolk, MA$45M4th of 1456.0%+0.2 pts
Suffolk, MA$44M2nd of 1306.8%-4.8 pts
Wayne, MI$43M9th of 1642.4%-2.0 pts
Bucks, PA$43M7th of 1403.7%-2.0 pts
Oakland, MI$41M11th of 1851.7%-0.3 pts
Philadelphia, PA$39M9th of 1473.1%-2.6 pts
Allegheny, PA$36M8th of 1402.8%+0.4 pts
Macomb, MI$35M5th of 1263.0%-4.0 pts
Cuyahoga, OH$29M12th of 1451.5%-0.3 pts
Montgomery, PA$28M13th of 1602.0%-2.0 pts
Bristol, MA$27M5th of 1125.8%-2.8 pts
242 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Professional & technical services1,304$175M14.3%0.54%36th of 1,955
Retail trade1,032$163M13.3%0.27%72nd of 2,589
Manufacturing784$160M13.1%0.40%41st of 2,246
Health care & social assistance882$124M10.2%0.26%59th of 2,172
Wholesale trade520$108M8.8%0.42%46th of 1,651
7(a) lenders into Massachusetts, share of approvals since FY2008309 lenders on record; the ten largest and Citizens Bank National Association
EB Eastern Bank 12.2% $778M · 8,606 loans LO Live Oak Banking Company 6.9% $442M · 354 loans RT Rockland Trust Company 6.7% $426M · 1,996 loans TB TD Bank, National Association 4.6% $295M · 2,208 loans CB Citizens Bank, National Associati… 4.1% $261M · 1,649 loans BB Beacon Bank and Trust 3.8% $246M · 1,377 loans WB Webster Bank National Association 3.1% $202M · 579 loans SF Salem Five Cents Savings Bank 2.8% $179M · 667 loans Ma Manufacturers and Traders Trust C… 2.2% $142M · 794 loans LB Leader Bank, National Association 2.0% $126M · 675 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Citizens Bank National AssociationRankCohort median
Total CRE against capital, the 300% screen95%2nd of 6254%
Construction against capital, the 100% screen20%4th of 618%
Construction and land development, share of loans3.2%5th of 62.6%
Non-owner-occupied nonfarm nonresidential, share of loans6.8%2nd of 618.4%
Total CRE, the guidance definition, share of loans15.4%2nd of 635.2%
CRE growth over 36 months, the third prong-17.9%2nd of 6+14.0%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
State Street Bank & Trust Co.$412.62B1.0%67.6%0.56%0.16%0.3%16.1%7.1%
Citizens Bank National Association$232.52B1.0%60.6%1.36%0.37%1.3%79.1%11.4%
Webster Bank National Association$85.90B1.2%49.9%0.76%0.29%1.3%81.9%11.4%
Eastern Bank$31.13B1.1%60.7%0.47%0.17%1.4%89.2%13.0%
Rockland Trust Co.$24.97B1.4%54.0%0.56%0.06%1.1%89.7%15.6%
Beacon Bank & Trust$22.20B1.1%59.9%0.90%0.31%1.3%95.6%11.4%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Citizens Bank National AssociationCohort median
20212026Change20212026Change
Loans$126.25B$149.24B+18%$15.54B$37.85B+144%
Deposits$153.77B$188.73B+23%$21.60B$48.41B+124%
NPA / loans0.87%1.36%+0.48 pts0.55%0.66%+0.12 pts
Efficiency61.2%60.6%-0.6 pts60.3%60.2%-0.1 pts
ROA1.37%0.99%-0.38 pts1.27%1.09%-0.17 pts

This read was prepared for Citizens Bank National Association's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Citizens Bank National Association is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort New England banks over $10B
Institution www.citizensbank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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