Citizens reports increases in profit in 4Q and 2016

BRUCE VAN SAUN, chairman and CEO of Citizens Financial Group Inc., is shown in his office at 1 Citizens Plaza in Providence. Citizens  reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. / PBN FILE PHOTO/ MICHAEL SALERNO
BRUCE VAN SAUN, chairman and CEO of Citizens Financial Group Inc., is shown in his office at 1 Citizens Plaza in Providence. Citizens reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. / PBN FILE PHOTO/ MICHAEL SALERNO
PROVIDENCE – Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. The company also continued to improve its operations, maintaining a 6 percent operating leverage for the year, excluding some restructuring…

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