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Citizens Financial Reports Strong Q4 Profit and EPS Growth

Citizens Financial Group, Inc. announced a profit increase in Q4, with earnings per share at $0.83, exceeding expectations. However, revenue saw a slight decline. Investors should monitor these developments closely.

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AI Rating:   7

Earnings Per Share (EPS): Citizens Financial's Q4 EPS rose to $0.83 from $0.34 in the previous year, illustrating significant growth. Adjusted EPS also exceeded expectations, reported at $0.85 compared to analyst anticipation of $0.83.

Net Income: The company's net income for Q4 stands at $367 million, a substantial increase from $159 million in the same quarter last year, marking a strong improvement year-over-year.

Revenue Growth: Although net income and EPS have improved, revenue showed a slight decrease of 0.1%, falling from $1.988 billion to $1.986 billion. This aspect could be perceived negatively by investors seeking consistent growth.