Citizens Financial Group, Inc. Reports First Quarter 2024 Net Income of $334 million and EPS of $0.65
2024年4月17日 - 7:20PM
ビジネスワイヤ(英語)
Underlying Net Income of $395 million and
EPS of $0.79
Strong recovery in Capital Markets
fees
Stable NIM; LDR of 81%; CET1 ratio of
10.6%
Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today
reported first quarter 2024 financial results. The earnings press
release, investor presentation, and financial supplement are
available at http://investor.citizensbank.com. In addition, these
materials will be furnished to the Securities and Exchange
Commission (SEC) on a Form 8-K and will be available on the SEC
website at www.sec.gov.
“We are pleased to start the year with a solid first quarter,
featuring a bounce back in capital markets fees, stable NIM,
further improvement in our LDR, tight expense management and a
strong capital and credit reserve position,” said Chairman and CEO
Bruce Van Saun. “We are executing well on our key strategic
initiatives, including the Private Bank, NYC Metro, TOP 9 and
servicing Private Capital. We remain comfortable with our full year
guidance and are excited by our medium-term prospects.”
Citizens also announced today that its board of directors
declared a quarterly common stock dividend of $0.42 per share. The
dividend is payable on May 15, 2024 to shareholders of record at
the close of business on May 1, 2024.
As previously announced, Citizens will host a live conference
call to review its first quarter 2024 financial results. Interested
parties may access the call and related materials through the
following details:
Conference Call
Time: 9:00 am ET
Dial-in: (877) 692-8955, conference ID 7141414
Webcast/Presentation: The live webcast will be available at
http://investor.citizensbank.com under Events &
Presentations.
Replay Information: A replay of the conference call will be
available beginning at 12:00 pm ET on April 17, 2024 through May
17, 2024. Please dial (866) 207-1041 and enter access code 4035711.
The webcast replay will be available at
http://investor.citizensbank.com under Events &
Presentations.
About Citizens Financial Group,
Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and
largest financial institutions, with $220.4 billion in assets as of
March 31, 2024. Headquartered in Providence, Rhode Island, Citizens
offers a broad range of retail and commercial banking products and
services to individuals, small businesses, middle-market companies,
large corporations and institutions. Citizens helps its customers
reach their potential by listening to them and by understanding
their needs in order to offer tailored advice, ideas and solutions.
In Consumer Banking, Citizens provides an integrated experience
that includes mobile and online banking, a full-service customer
contact center and the convenience of approximately 3,300 ATMs and
approximately 1,000 branches in 14 states and the District of
Columbia. Consumer Banking products and services include a full
range of banking, lending, savings, wealth management and small
business offerings. In Commercial Banking, Citizens offers a broad
complement of financial products and solutions, including lending
and leasing, deposit and treasury management services, foreign
exchange, interest rate and commodity risk management solutions, as
well as loan syndication, corporate finance, merger and
acquisition, and debt and equity capital markets capabilities. More
information is available at www.citizensbank.com or visit us on
Twitter, LinkedIn or Facebook.
Cautionary Statement About
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Any statement that does not describe historical or current facts is
a forward-looking statement. These statements often include the
words “believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “goals,” “targets,” “initiatives,” “potentially,”
“probably,” “projects,” “prospects,” “outlook,” “guidance” or
similar expressions or future or conditional verbs such as “may,”
“will,” “should,” “would,” and “could.” Forward-looking statements
are based upon the current beliefs and expectations of management,
and on information currently available to management. Our
statements speak as of the date hereof, and we do not assume any
obligation to update these statements or to update the reasons why
actual results could differ from those contained in such statements
in light of new information or future events. We caution you,
therefore, against relying on any of these forward-looking
statements. They are neither statements of historical fact nor
guarantees or assurances of future performance. More information
about factors that could cause actual results to differ materially
from those described in the forward-looking statements can be found
under “Risk Factors” in our Annual Report on Form 10-K for the year
ended December 31, 2023 as filed with the United States Securities
and Exchange Commission.
CFG-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20240417933381/en/
Media: Peter Lucht — 781.655.2289
Investors: Kristin Silberberg — 203.900.6854
Citizens Financial (NYSE:CFG)
過去 株価チャート
から 4 2024 まで 5 2024
Citizens Financial (NYSE:CFG)
過去 株価チャート
から 5 2023 まで 5 2024