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

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Citizens Financial Group, Inc. Reports Third Quarter Net Income of $443 Million with Diluted EPS of $0.91 up 34% Year over Year; Underlying Net Income of $450 million and EPS of $0.93, up 37% Year ove

October 19, 2018 6:30 AM EDT

Year-over-year revenue growth of 8%

13.3% ROTCE; Underlying ROTCE of 13.5%, up 3.4% year over year*

4.4% year-over-year positive operating leverage, excluding the impact of the Franklin American Mortgage Company Acquisition*

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens) today reports third quarter net income of $443 million, up 27% from $348 million in third quarter 2017 with earnings per diluted common share of $0.91, up 34% from $0.68 in third quarter 2017. Third quarter 2018 net income increased $18 million, or 4%, from second quarter 2018 and diluted earnings per common share increased $0.03, or 3%. Third quarter 2018... More