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

Citizens Financial Group (NYSE: CFG) reported Q4 EPS of $1.04, $0.13 better than the analyst estimate of $0.91.

“Citizens was able to meet the unique challenges present in 2020 and demonstrate the diversification and resilience of our business model,” said Chairman and CEO Bruce Van Saun. “Fourth quarter results highlight strong return on capital as credit costs normalize. Our capital and credit allowance position remains strong, giving us confidence that we can meet loan demand while also increasing return of capital to our shareholders. I’d like to thank our colleague base for rising to the occasion in 2020 and delivering well for our customers and stakeholders. We feel we are well positioned to benefit from economic recovery in 2021.”

For earnings history and earnings-related data on Citizens Financial Group (CFG) click here.

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