Citizens Financial Group: Q2 Earnings Snapshot
By AP News
Published - Jul 19, 2023, 06:33 AM ET
Last Updated - Jul 19, 2023, 06:33 AM EDT
PROVIDENCE, R.I. (AP) — PROVIDENCE, R.I. (AP) — Citizens Financial Group Inc. (CFG) on Wednesday reported second-quarter net income of $478 million.
On a per-share basis, the Providence, Rhode Island-based company said it had net income of 92 cents.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The bank posted revenue of $3.04 billion in the period. Its adjusted revenue was $2.09 billion, matching Street forecasts.
