Citizens Financial Group, Inc. announced that its board of directors declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on February 18, 2016 to shareholders of record at the close of business on February 4, 2016.

The company reported consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net income available to common stockholders of $221 million, or $0.42 per diluted common share, compared with $197 million, or $0.36 per diluted common share, for fourth quarter 2014. Adjusted diluted EPS was $0.42 increased 8% from adjusted diluted EPS of $0.39 in fourth quarter 2014. Net interest income was $870 million against $840 million a year ago. Total revenue was $1,232 million against $1,179 million a year ago. Pre-provision profit was $422 million against $355 million a year ago. Excluding restructuring charges and return on average tangible common equity was 6.7% against 6.1% a year ago. Return on average tangible common equity was 6.7% against 6.8% a year ago. Return on average common equity was 4.5% against 4.1% a year ago. Return on average total assets was 0.6% against 0.6% a year ago. Excluding restructuring charges and return on average total tangible assets was 0.7% against 0.6% a year ago. Net interest income increased $14 million, reflecting an increase in average interest-earning assets and improved yields as the net interest margin improved one basis point to 2.77%. Adjusted pretax income was $331 million against $335 million a year ago. Adjusted net income available to common shareholders was $221 million against $217 million a year ago. Adjusted diluted earnings per share was $0.42 against $0.39 a year ago. Return on average tangible common equity (non-GAAP) was 6.75% compared o 6.12% a year ago.

For the year, the company reported net income available to common stockholders of $833 million, or $1.55 per diluted common share, decreased from $865 million or $1.55 per diluted common share in 2014, which included a $180 million after-tax Chicago Divestiture gain and a net $105 million after-tax restructuring charges and special items. Adjusted net income available to common stockholders was $864 million increased 9% from the prior year, while Adjusted diluted EPS of $1.61 were up 13% from 2014. Net interest income was $3,402 million against $3,301 million a year ago. Total revenue was $4,824 million against $4,979 million a year ago. Pre-provision was $1,565 million against $1,587 million a year ago. Excluding restructuring charges and return on average tangible common equity was 6.4% against 6.7% a year ago. Return on average tangible common equity was 6.7% against 6.1% a year ago. Return on average common equity was 4.3% against 4.5% a year ago. Return on average total assets was 0.6% against 0.7% a year ago. Excluding restructuring charges and return on average total tangible assets was 0.7% against 0.7% a year ago. Adjusted total revenue increased 3%, reflecting solid performance in a sluggish environment. Adjusted pretax income was $1,313 million against $1,149 million a year ago. Adjusted net income available to common shareholders was $871 million against $790 million a year ago. Adjusted diluted earnings per share was $1.61 against $1.42 a year ago. Return on average tangible common equity (non-GAAP) was 6.45% compared o 6.71% a year ago. Tangible book value per common share (non-GAAP) was $24.63 compared to $23.46 a year ago.

For the fourth quarter ended December 31, 2015, the company reported net charge-offs of $77 million against $80 million a year ago.