Citizens Financial Group (CFG) Revenue — Quarter Ended Jun 30, 2023
Revenue rose from the prior quarter. However, it fell from the same period a year ago.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue rose from the prior quarter. However, it fell from the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$323M
Revenue reported for this quarter.
Quarter-over-quarter
+4.5%
Change from the immediately preceding quarter.
Year-over-year
-4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $322M | +4.9% |
| Dec 31, 2022 | $338M | -20.1% |
| Mar 31, 2023 | $309M | +3.0% |
| Jun 30, 2023 | $323M | -4.7% |
Revenue performance
Compared to the immediately preceding quarter, revenue was higher. Compared to the same quarter one year earlier, revenue was lower.
Quarterly comparison
The sequential increase followed a decline in the prior quarter, while the year-over-year decrease continued the pattern from the same quarter last year.
What to watch
The revenue trend over recent quarters shows fluctuation, with no clear directional pattern.