Citizens Financial Group (CFG) came out with quarterly earnings of $0.79 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this bank would post earnings of $0.79 per share when it actually produced earnings of $0.78, delivering a surprise of -1.27%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Citizens Financial ...

Financial Supplement Third Quarter 2024 1 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Wall Street analysts forecast that Citizens Financial Group (CFG) will report quarterly earnings of $0.79 per share in its upcoming release, pointing to a year-over-year decline of 7.1%. It is anticipated that revenues will amount to $1.94 billion, exhibiting a decline of 3.8% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 1.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have ...

Citizens Financial Group (CFG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Citizens Financial Group, Inc. (CFG) announced the next stage of its West Coast expansion strategy, which includes the addition of a highly-experienced Private Banking team in Southern California. The bank also revealed plans to open new Private Bank office locations in the region as part of its ongoing efforts to strengthen its presence and serve clients across key California markets. This latest expansion follows the earlier announcements related to Citizens Financial's expansion in California, which high ...

Citizens Financial Group, Inc. (CFG) remains well-poised for growth on the back of rising loans and deposit balances, along with efforts to improve its wealth management offerings. Additionally, strategic initiatives like Tapping Our Potential (TOP) will further support its financials. However, a rising cost base is likely to limit its bottom-line growth, and limited diversification in its loan portfolio presents an additional concern. Key Growth Drivers for CFG Efforts to Improve Wealth Management Unit: Ci ...

Citizens Financial's (CFG) shares have appreciated 28.7% year to date against the industry's decline of 2.4%. The stock also outperformed the S&P 500 Index, which rallied 17.6% in the same frame. Zacks Investment Research Image Source: The company's focus on BSO plans, strategic and efficiency initiatives, and inorganic growth moves continue to aid its financials. Analyst Estimates Over the past month, the Zacks Consensus Estimate for earnings of $3.24 and $3.95 per share has moved 1.6% and 1% upward for 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☑ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From (Not Applicable) Commission File Number 001-36636 ...

2Q24 GAAP summary Total: $ (32) $ (0.04) Forward-looking statements and use of non-GAAP financial measures In addition to the above factors, we also caution that the actual amounts and timing of any future common stock dividends or share repurchases will be subject to various factors, including our capital position, financial performance, capital impacts of strategic initiatives, market conditions, and regulatory considerations, as well as any other factors that our Board of Directors deems relevant in maki ...

Citizens Financial Group, Inc. (NYSE:CFG) Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van Saun - Chairman and Chief Executive Officer John Woods - Chief Financial Officer Brendan Coughlin - Head of Consumer Banking Don McCree - Head of Commercial Banking Conference Call Participants Peter Winter - D.A. Davidson Erika Najarian - UBS Scott Siefers - Piper Sandler Ken Usdin - Jefferies Manan Gosalia - Morgan Stan ...