Citizens reports record-breaking $320M profit

CITIZENS FINANCIAL GROUP is led by Chairman and CEO Bruce Van Saun. / PBN FILE PHOTO/MICHAEL SALERNO
CITIZENS FINANCIAL GROUP is led by Chairman and CEO Bruce Van Saun. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – Buoyed by strong fee-based business, Citizens Financial Group Inc. on Thursday reported record-breaking, first-quarter profit of $320 million, or 61 cents per diluted share, an increase of 43.5 percent on the 2016 first-quarter results, when net income was $223 million, or 41 cents per diluted share. Total interest and noninterest income grew 14.1…

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