Citizens Financial Group (CFG) Tops Q3 EPS by 3c

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Go back to Citizens Financial Group (CFG) Tops Q3 EPS by 3c

Citizens Financial Group, Inc. Reports Third Quarter Net Income of $297 Million; Diluted EPS of $0.56

October 21, 2016 6:50 AM EDT

Results include a $19 million after-tax benefit, or $0.04 per diluted share, from notable items

Adjusted net income up 26% and Adjusted diluted EPS up 30% from third quarter 2015*

ROTCE of 8.6% and Adjusted ROTCE of 8.0% in third quarter 2016*

Positive operating leverage year over year of 5.5% and 4.5% on an Adjusted basis*

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens) today reported third quarter net income of $297 million, or $0.56 per diluted common share, up 35% and 40%, respectively, from $220 million and $0.40 per diluted common share in third quarter... More