Financial services company Citizens Financial Group, Inc. (NYSE: CFG) on Wednesday reported earnings for the third quarter of 2024.
- Third-quarter underlying net income decreased to $354 million from $418 million in the year-ago quarter
- On a per-share basis, underlying earnings were $0.79 in Q3, compared to $0.89 in the same period of 2023
- Net income attributable to shareholders was $344 million in the September quarter, vs. $400 million a year earlier
- The bottom line was negatively impacted by a 6% decrease in revenues to $1.90 billion
- Citizens declared a quarterly dividend of $0.42 per share, payable on November 13 to shareholders of record on October 30, 2024
- Net interest income decreased 10% year-over-year to $1.37 billion during the three months
- Total non-interest income was $532 million in Q3, compared to $492 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
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion