Citizens Financial Group (CFG) Tops Q4 EPS by 13c

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Citizens Financial Group, Inc. Reports Fourth Quarter Net Income of $456 million and EPS of $0.99

January 20, 2021 6:20 AM EST

Underlying net income of $480 million and EPS of $1.04

2020 net income of $1.1 billion and EPS of $2.22, $2.41 on an Underlying basis

2020 Record pre-provision profit up 10%, up 12% on an Underlying basis

2020 Positive operating leverage of 2.7%, 4.1% on an Underlying basis

CET1 ratio increases to 10.0%

Board of Directors approves $750 million Common Stock Repurchase Program

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens) today reported fourth quarter and full year 2020 financial results. The... More