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Citizens Financial Group, Inc.

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Shares of Citizens Financial have outperformed the industry over the past year. Also, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Its second-quarter earnings reflect robust organic growth and improved efficiency. Citizens Financial launched a fresh TOP V Program, which targets pre-tax benefit of $90-$100 million by 2019-end. Also, it remains on track with its TOP IV initiatives, anticipated to achieve pre-tax benefit of $100-$110 million by the end of 2018 and boost earnings. Strong capital position keeps it poised to undertake opportunistic growth strategies. However, significant exposure to commercial loans concerns. Also, exposure to pending legal cases might keep costs elevated in near term. Nevertheless, it continues to benefit from improving loans and deposit balances and is well positioned to grow as the U.S. economy is gaining traction.

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