Fundamental Net Income of $546 million and EPS of $1.22
Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today announced second from last quarter 2021 monetary outcomes. The profit public statement, financial backer show, and monetary enhancement What’s more, these materials will be outfitted to the Securities and Exchange Commission (SEC) on a Form 8-K and will be accessible on the SEC site at www.sec.gov.
“We conveyed solid outcomes in the second from last quarter, paced by strong income development across both net revenue pay and charges, which joined with great cost discipline brought about certain consecutive working influence in overabundance of 2%,” said Chairman and CEO Bruce Van Saun. “Incorporation getting ready for our new acquisitions is working out positively, and we are amped up for the establishment and cooperative energy benefits as we anticipate 2022. While monetary development and advance interest in the subsequent half have been influenced by the pandemic, we keep an uplifting perspective for a steady, solid recuperation through the following year.”
Inhabitants moreover detailed today that its overseeing body articulated a last quarter 2021 typical stock benefit of $0.39 per share. The benefit is payable on November 12, 2021 to financial backers of record toward the finish of business on October 29, 2021.
As recently declared, Citizens will have a live telephone call to audit its second from last quarter 2021 monetary outcomes.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the country’s most seasoned and biggest monetary foundations, with $187.0 billion in resources as of September 30, 2021. Settled in Providence, Rhode Island, Citizens offers an expansive scope of retail and business banking items and administrations to people, independent ventures, center market organizations, huge companies and establishments.
Citizens helps its clients arrive at their potential by paying attention to them and by understanding their necessities to offer customized counsel, thoughts and arrangements. In Consumer Banking, Citizens gives a coordinated encounter that incorporates versatile and internet banking, a day in and day out client contact focus and the accommodation of roughly 3,000 ATMs and around 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest areas.
Purchaser Banking items and administrations incorporate a full scope of banking, loaning, investment funds, abundance the executives and private venture contributions. In Commercial Banking, Citizens offers an expansive supplement of monetary items and arrangements, including loaning and renting, store and depository the board administrations, unfamiliar trade, financing cost and product hazard the executives arrangements, just as advance partnership, corporate money, consolidation and procurement, and obligation and value capital business sectors abilities.
Preventative Statement About Forward-Looking Statements
This news discharge holds forward-peering explanations inside the significance of the Private Securities Litigation Reform Act of 1995. Any explanation that doesn’t depict recorded or current realities is a forward-looking assertion. These assertions frequently incorporate the words “accepts,” “anticipates,” “expects,” “gauges,” “means,” “plans,” “objectives,” “targets,” “drives,” “possibly,” “presumably,” “projects,” “viewpoint” or comparable articulations or future or contingent action words, for example, “may,” “will,” “ought to,” “would,” and “could.”
Forward-looking proclamations depend on the current convictions and assumptions for the board, and on data presently accessible to the executives. Our assertions talk as of the date concerning this, and we don’t expect any commitment to refresh these assertions or to refresh the justifications for why real outcomes could vary from those contained in such assertions considering new data or future occasions.
We alert you, hence, against depending on any of these forward-looking assertions. They are neither explanations of verifiable reality nor certifications or affirmations of future execution. More data about factors that could make real outcomes contrast physically from those portrayed in the forward-looking assertions can be found under “Hazard Factors” in our Annual Report on Form 10-K for the year finished December 31, 2020 and our Quarterly Report on Form 10-Q for the quarter finished June 30, 2021 as recorded with the United States Securities and Exchange Commission.
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