Citizens Financial Group (CFG) Reports Q2 EPS of 61c

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Citizens Financial Group, Inc. Reports Record First Quarter Net Income of $320 Million and Diluted EPS of $0.61

April 20, 2017 6:45 AM EDT

Results include a $23 million benefit, or $0.04 per diluted common share, related to settlement of certain state tax matters

First quarter 2017 net income up 43% and diluted EPS up 49% versus year-ago quarter

ROTCE of 9.7% in first quarter 2017 with 7% positive operating leverage year over year*

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens) today reported first quarter net income of $320 million, up 43% from $223 million in first quarter 2016 with earnings per diluted common share of $0.61, up 49% from $0.41 per diluted common share in first quarter 2016. Compared with... More