Previous close | 32.41 |
Open | 33.28 |
Bid | 0.00 x 1800 |
Ask | 0.00 x 800 |
Day's range | 32.63 - 33.70 |
52-week range | 22.77 - 36.38 |
Volume | |
Avg. volume | 5,963,764 |
Market cap | 15.139B |
Beta (5Y monthly) | 1.35 |
PE ratio (TTM) | 10.55 |
EPS (TTM) | 3.13 |
Earnings date | 17 July 2024 |
Forward dividend & yield | 1.68 (5.09%) |
Ex-dividend date | 30 Apr 2024 |
1y target est | 38.66 |
Explore the detailed financial performance and strategic directions discussed in Citizens Financial Group Inc's first quarter earnings call.
Q1 2024 Citizens Financial Group Inc Earnings Call
Citizens Financial on Wednesday reported a lower first-quarter profit as it earned less from customer interest payments, but its chief executive predicted that demand for loans could improve in second half of the year. Banks in the United States have been bracing for a turnaround in gains from interest income, as they paid more to retain customers who are in search of higher-yield securities, while loan growth declines. Providence, Rhode Island-based Citizens Financial's net interest income (NII) - the difference between what it earns on loans and pays for deposits - tumbled 12% to $1.44 billion in the first quarter compared with the previous year.