Citizens Financial (CFG) Up 28.7% YTD: Is it Worth Considering?
Citizens Financial's (CFG) strong balance sheet position and strategic initiatives look encouraging. Yet, rising costs are a concern.
Citizens Financial Group, Inc. (CFG) Q2 2024 Earnings Call Transcript
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 Stanley John Pancari - Evercore Gerard Cassidy - RBC Matt O'Connor - Deutsche Bank Operator Good morning, everyone, and welcome to the Citizens Financial Group Second Quarter Earnings Conference Call.
Citizens Financial (CFG) Q2 Earnings Miss on Lower Loan Demand
Citizens Financial's (CFG) Q2 earnings benefit from an increase in non-interest income and reduced expenses. However, challenges emerge with lower NII and a rise in provisions.
US banks see high deposit costs, investment banking boost
U.S. lenders' second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment banking units.
Citizens Financial Group (CFG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Citizens Financial Group (CFG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Citizens Financial Group (CFG) Q2 Earnings Miss Estimates
Citizens Financial Group (CFG) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.92 per share a year ago.
Ahead of Citizens Financial Group (CFG) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Citizens Financial Group (CFG) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Rebound in M&A Deal to Aid Citizens Financial's (CFG) Q2 Earnings
Citizens Financial's (CFG) second-quarter 2024 results are likely to be driven by an improving lending scenario and strong fee income growth amid rising expenses and weakening asset quality.
Citizens Financial Group (CFG) Expected to Beat Earnings Estimates: Should You Buy?
Citizens Financial Group (CFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Citizens Financial (CFG) Declares SCB & Planned Capital Actions
Citizens Financial (CFG) expands share repurchase plan by $656 million following the stress test results. Given the company's solid balance sheet and decent liquidity profile, this seems sustainable.
Large Banks to be Conservative About Shareholder Payouts
The 2024 stress test results are due this Wednesday. So, banks - JPMorgan (JPM), Goldman (GS), Morgan Stanley (MS), Bank of America (BAC) and Citizens Financial Group (CFG) - are in the spotlight.
Hometown Heroes: 3 Regional Banks Offering Outsized Potential
This year has been tough on regional bank stocks, with borrowing costs soaring and cutting into net interest income. Additionally, higher yields diminished older bonds' value and heightened internal credit risks — just ask the (now defunct) Silicon Valley Bank.
