Citizens Financial Group (CFG) Misses Q3 EPS by 1c, Revenues Beat

Citizens Financial Group (NYSE: CFG) reported Q3 EPS of $0.73, $0.01 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.73 billion.

Link to 3Q Earnings Release

“Citizens continues to rise to the occasion, meeting the unique challenges present in 2020 and delivering well for all of our stakeholders,” said Chairman and CEO Bruce Van Saun. “We posted record levels of revenue and pre-provision profit, further bolstered our loan loss reserve and grew our CET1 capital ratio to 9.8%. We continue to demonstrate the strong resilience and diversification of our business model, while helping our customers, colleagues and communities get through this difficult environment.”

For earnings history and earnings-related data on Citizens Financial Group (CFG) click here.

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