US bank profits fall as competition for deposits erodes lending margins bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Citizens Financial Group, Inc. (NYSE:CFG) Q4 2023 Earnings Call Transcript January 17, 2024 Citizens Financial Group, Inc. misses on earnings expectations. Reported EPS is $0.34 EPS, expectations were $0.6. Citizens Financial Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Citizens' New Private Bank Targets $10 Billion in Assets by 2025 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Citizens Financial Group reported a 10% YoY revenue dip in Q4 FY23, totaling $1.99B, missing analyst estimates. Despite a 38% YoY drop in adjusted net income to $426M, the CEO remains optimistic about strategic initiatives. CFG's decision to halt share repurchases in Q4 and an expected 6%-9% YoY decline in net interest income for FY24 draw attention.