earnings
confidence high
sentiment negative
materiality 0.70
Citizens Financial Q1 underlying EPS $0.79; revenue falls 8% YoY to $1.96B
CITIZENS FINANCIAL GROUP INC/RI
2024-Q1 EPS reported
$0.65
revenue$1,959,000,000
- Underlying EPS of $0.79 (vs $1.10 Q1 2023); GAAP EPS $0.65.
- Revenue $1,959M, down 8% YoY from $2,128M; NIM stable at 2.91%.
- Period-end deposits $176.4B, up $4.2B YoY; loan-to-deposit ratio 81%.
- CET1 ratio 10.6%; TBV/share $30.19, down 2% QoQ from $30.91.
- Quarterly dividend declared $0.42/share, payable May 15, 2024.