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Form 8-K · Current Report · Filed 2024-10-16

Citizens Financial Group Reports Third Quarter 2024 Earnings

Citizens Financial Group, Inc. reported its third quarter 2024 earnings, highlighting a net income of $382 million and EPS of $0.77. The company noted a slight decrease in net interest income and noninterest income, along with stable expenses and strong liquidity. Additionally, the board declared a quarterly common stock dividend of $0.42 per share, payable on November 13, 2024. The financials reflect the impact of forward-starting swaps and seasonal variations in various income categories.

Filer
Citizens Financial Group, Inc. CFG · NYSE
Filed
Accession
0000759944-24-000170
CIK
0000759944
Signal
Medium impactFinancial Services

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 7.01

Regulation FD Disclosure

Dividend Announced
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$43.48

Next session

-3.1%

Since filing

+64.8%

Latest close

$71.65

What happened, not what will happen — closing prices around the filing date.

Exhibits (3)

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Financial offers traditional banking services such as savings, checking accounts, personal and business loans, as well as wealth management and insurance products. Retail banking serves a diverse customer base through a network of branches and ATMs, focusing on local communities and customer service. On the commercial side, the bank provides comprehensive financial solutions including commercial loans, leasing, and capital markets capabilities, catering to mid-sized businesses and larger institutions. Founded in 1828 and headquartered in Providence, Rhode Island, Citizens Financial Group plays a significant role in promoting economic growth through its community banking efforts, maintaining strong regional banking relationships and supporting local development projects.

Exchange NYSE Industry Banks - Regional Company website ↗

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