Citizens Holding(CIZN)

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Citizens Financial Group: Despite Upbeat View, Critical Metrics Continue To Soften
Seeking Alpha· 2024-07-17 16:26
In the just-reported Q2 earnings release, Citizens saw declines in both the deposit and loan base once again sequentially. Revenues fell in Q2 from a year ago, with Citizens generating $1.963 billion in revenue. These revenues of $1.963 billion were a small increase sequentially from $1.959 billion, but down 6.2% from a year ago. The provision for credit losses was $182 million, which was up from the sequential Q1, and up $6 million from last year's Q2. As such, provisions for losses have been stable largel ...
First Citizens Bank Provides $24 Million for Acquisition of PAM Rehabilitation Hospital in Tulsa, Oklahoma
Prnewswire· 2024-07-17 14:15
"PAM Rehabilitation Hospital of Tulsa provides valuable post-acute healthcare services to this growing community," said William Douglass, group head for Healthcare Finance. NEW YORK, July 17, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $24 million to finance the acquisition of a post-acute medical rehabilitation hospital in Tulsa, Oklahoma. MEDIA RELATIONS: Ella Bristow (212) 461-5322 [email protected] The Sanders Trust acquired the PAM Rehabilitati ...
Citizens Financial Group Q2 Preview: Potential Reserve Build Is A Source Of Caution (Downgrade)
Seeking Alpha· 2024-07-11 12:22
1 re 1 i 11 IT ■ I I ■ 1 I l H H 1 L T H I I 1 I I I I 1 F 00 I 1 ■ 804 t I L ■ I n 1 T I I 1 T H I H F I H 1 I L L I I E i t I ■ H ■ F I 1 Now as we look to next week's earnings release, there are several items, I will be focusing in on. First, I would note that in Q2, analysts are expecting CFG to earn $0.79. CFG has beaten estimates in 3 of the past 6 quarters. Prior to that, it had beaten for eight straight quarters, so results have been a bit choppier since the regional banking turmoil began in late 20 ...
Falco Resources Invites Citizens to an Immersive Workshop on the Acoustic and Vibratory Climate Ahead of the Imminent Announcement of a BAPE
GlobeNewswire News Room· 2024-07-09 10:31
MONTREAL, July 09, 2024 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V: FPC) ("Falco" or the "Corporation") invites the citizens of Rouyn-Noranda to an immersive public workshop where they will be able to meet acoustic and vibration experts, experience sound and vibration simulations, share their concerns and participate in the discussion on issues related to the sound and vibratory climate. Martin Duclos, Manager, Environment and Community Relations, said: "The concerns expressed by the neighborhood surro ...
First Citizens BancShares, Inc. Announces Date of 2024 Second Quarter Earnings Call
Prnewswire· 2024-07-02 20:30
RALEIGH, N.C., July 2, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended June 30, 2024, before the U.S. financial markets open on Thursday, July 25, 2024. A conference call and webcast will be held to discuss BancShares' financial results at 9 a.m. Eastern time on the same day. The conference call and webcast may contain forward-looking statements and other material information. To pre-register ...
Citizens, Inc. President Jon Stenberg Appointed Chief Executive Officer
Newsfile· 2024-07-01 13:20
Citizens, Inc. (NYSE: CIA) is a diversified financial services company providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the U.S., Latin America, and Asia. Through its customer-centric growth strategy, Citizens offers innovative products to address the evolving needs of its customers in their native languages of English, Spanish, Portuguese, and Mandarin. The Company operates two primary segments: Life Insurance, where internation ...
Gildan Recognized on Corporate Knights' Best 50 Corporate Citizens and TIME's World's Most Sustainable Companies
GlobeNewswire News Room· 2024-06-28 13:29
MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year. Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included. In addition, Gildan has been included in the inaugural edition of TIME's World Most Sustainable Companies, and is one of only 12 Canadian companies fe ...
Citizens, Inc. Corrects Information Error in Some Investor Platforms
Newsfile· 2024-06-27 19:52
Citizens, Inc. Corrects Information Error in Some Investor Platforms June 27, 2024 3:52 PM EDT | Source: Citizens, Inc. Citizens, Inc. (NYSE: CIA), a diversified financial services company, is not a bank and is not subject to the Federal Reserve stress test. Citizens Financial Group, Inc. (NYSE: CFG) is a bank that is subject to the stress test. The Federal Reserve's 2024 stress test published on June 26, 2024 is HERE. Citizens, Inc. (NYSE: CIA) is a diversified financial services company providing life, li ...
Teck Named to 2024 Best 50 Corporate Citizens in Canada
GlobeNewswire News Room· 2024-06-26 22:24
The Best 50 Corporate Citizens in Canada are each evaluated on a set of up to 25 environmental, social and governance indicators including board diversity, resource efficiency, financial management, sustainable revenue and sustainable investment. For more information about the Best 50 Corporate Citizens in Canada and the full rankings, visit https://www.corporateknights.com/rankings/best-50-rankings/2024-best-50-rankings/. These forward-looking statements include, but are not limited to, statements relating ...
Wheaton Precious Metals Named Among Corporate Knights' 50 Best Corporate Citizens in Canada
Prnewswire· 2024-06-26 12:07
"With a significant portion of the score linked to sustainable revenue, this metric underscores the exceptional quality of Wheaton's mining partners and highlights the rigorous due diligence process we employ," said Patrick Drouin, Chief Sustainability Officer and President of Wheaton Precious Metals International. Earlier this year, Wheaton was recognized among Corporate Knights' 2024 100 most sustainable corporations in the world. To learn more about Wheaton's sustainability approach and commitments, plea ...