Citizens Financial Group (CFG) Tops Q3 EPS by 4c

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Go back to Citizens Financial Group (CFG) Tops Q3 EPS by 4c

Citizens Financial Group, Inc. Reports Third Quarter Net Income of $348 Million and Diluted EPS of $0.68

October 20, 2017 6:30 AM EDT

Third quarter 2017 net income up 17% and diluted EPS up 21% versus year-ago quarter; up 25% and 31%, respectively, on an Adjusted basis*

ROTCE* of 10.1% with 6% positive operating leverage year-over-year, 7% on an Adjusted basis*

Net interest margin up 8 basis points from second quarter 2017 to 3.05%, efficiency ratio of 59%*

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens) today reported third quarter net income of $348 million, up 17% from $297 million in third quarter 2016 with earnings per diluted common share of $0.68, up 21% from $0.56 per diluted common share in third quarter 2016. Third quarter... More