Citizens Financial Group (CFG) Tops Q2 EPS by 4c

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Citizens Financial Group, Inc. Reports Second Quarter Net Income of $190 Million; Diluted EPS of $0.35

July 21, 2015 6:30 AM EDT

Second quarter 2015 Adjusted Net Income,* excluding net restructuring charges and special items, of $215 million; or $0.40 diluted EPS, up 8% from second quarter 2014

Progress on growth initiatives continues; Adjusted efficiency ratio* improves with positive operating leverage

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens") today reports second quarter net income of $190 million, or $0.35 per diluted common share, compared with second quarter 2014 net income of $313 million, or $0.56 per diluted common share. The second quarter of 2014 included the benefit of a $180 million after-tax gain related to the Chicago Divestiture.... More