PROVIDENCE, R.I. (AP) _ Citizens Financial Group Inc. (CFG) on Wednesday reported third-quarter net income of $530 million.

On a per-share basis, the Providence, Rhode Island-based company said it had profit of $1.18. Earnings, adjusted for non-recurring costs, came to $1.22 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The bank posted revenue of $1.74 billion in the period. Its adjusted revenue was $1.66 billion, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.64 billion.

Citizens Financial Group shares have increased 37% since the beginning of the year. The stock has risen 84% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFG at https://www.zacks.com/ap/CFG

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