Citizens Financial Group (CFG) Tops Q1 EPS by 44c

Citizens Financial Group (NYSE: CFG) reported Q1 EPS of $1.41, $0.44 better than the analyst estimate of $0.97.

• First Quarter 2021 Net Income of $611 million and EPS of $1.37
• Underlying Net Income of $626 million and EPS of $1.41

“We are pleased to get off to strong start to 2021, with strength in our fee businesses, good balance sheet management ‎and excellent performance on credit,” said Chairman and CEO Bruce Van Saun. “We are making good strides in our digital and next generation technology initiatives, and maintain a confident outlook for the balance of the year. While we increasingly see positive signs that the economy is improving rapidly and that life is returning to normal, we remain focused on continuing to assist those companies and individuals most impacted by the pandemic and lockdowns.”

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

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