Citizens Financial Group, Inc.
Citizens Financial Group, Inc. Announces Fourth Quarter and Full Year 2024 Earnings
Summary
Citizens Financial Group, Inc. reported fourth quarter 2024 net income of $401 million, an EPS of $0.83, and full year 2024 net income of $1.5 billion with an EPS of $3.03. The company's board declared a quarterly common stock dividend of $0.42 per share, payable on February 14, 2025. The earnings release detailed underlying performance metrics, including a net interest margin of 2.87%, noninterest income of $574 million, and total revenue of $1.986 billion. Financial condition showed a CET1 ratio of 10.8% and a strong liquidity profile with a spot LDR of 79.6%. The financial supplement and investor presentation were furnished as part of the report.
Profitelligence Alerts
Get alerts for CFG
Be first to know when Citizens Financial Group, Inc. files with the SEC.
Filing Categories
Exhibits (3)
Advertisement
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.
Official SEC Documents
Advertisement