Financial services company Citizens Financial Group, Inc. (NYSE: CFG) on Wednesday reported earnings for the first quarter of 2024.
- First-quarter underlying net income decreased to $395 million from $560 million in the year-ago quarter
- On a per-share basis, underlying earnings were $0.79, compared to $1.10 in the same period of 2023
- Net income attributable to shareholders was $365 million in Q1, vs. $537 million a year earlier
- The bottom line was negatively impacted by an 8% decrease in revenues to $1.96 billion
- Citizens declared a quarterly dividend of $0.42 per share, payable on May 15 to shareholders of record on May 1, 2024
- Total interest income increased 9% year-over-year to $2.61 billion during the three months
- Total non-interest income was $517 million in Q1, compared to $485 million last year
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY
Applied Materials, Inc. (NASDAQ: AMAT) announced financial results for the fourth quarter of 2024, reporting an increase in revenue and adjusted earnings. Adjusted earnings of the semiconductor technology company increased
What to expect when Target (TGT) reports its Q3 2024 earnings results
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for
