Citizens Financial Group (CFG) Tops Q1 EPS by 4c

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Citizens Financial Group, Inc. Reports First Quarter Net Income of $209 Million; Diluted EPS of $0.38, Up 27 Percent from First Quarter 2014

April 22, 2015 7:01 AM EDT

First quarter 2015 Adjusted net income, excluding net restructuring charges and special items, of $215 million, or $0.39 diluted EPS*, up 30 percent from first quarter 2014

First quarter 2015 Adjusted ROTCE* of 6.7% compared with 5.2% in first quarter 2014

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE:CFG or Citizens") today reported first quarter net income of $209 million, or $0.38 per diluted common share, which were up 26% and 27%, respectively, from $166 million, or $0.30 per diluted common share in first quarter 2014. First quarter 2015 results were up 6% from fourth quarter 2014 net income of $197 million, or $0.36 per diluted common share.... More