Citizens Financial Group (CFG) Reports In-Line Q3 EPS

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Go back to Citizens Financial Group (CFG) Reports In-Line Q3 EPS

Citizens Financial Group, Inc. Reports Third Quarter Net Income of $220 Million; Diluted EPS of $0.40, up 18% from third quarter 2014

October 23, 2015 6:45 AM EDT

Focused execution on growth and efficiency initiatives drives positive operating leverage

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG or Citizens") today reported third quarter net income of $220 million, or $0.40 per diluted common share, compared with third quarter 2014 net income of $189 million, or $0.34 per diluted common share. Third quarter 2015 net income was up $30 million from second quarter 2015 net income of $190 million, and diluted EPS increased $0.05 from $0.35 in second quarter 2015. As expected, the company recorded no restructuring charges and special items in third quarter 2015 compared with $25 million after-tax, or $0.05 per diluted common... More