Citizens Financial Group, Inc. (NYSE:CFG) reported better-than-expected fourth-quarter financial results on Wednesday.
Citizens Financial Group reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $1.11 per share. The company reported quarterly sales of $2.157 billion which beat the analyst consensus estimate of $2.156 billion.
“We are pleased to report good fourth quarter and full year results that reflect strong execution of our key growth initiatives and continued improvement in our net interest margin,” said Chairman and CEO Bruce Van Saun. “Our strong fee growth was paced by Capital Markets and Wealth, we continue to achieve positive operating leverage, up 5% in Q4 …