Citizens Financial Group (CFG) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared to the prior quarter. The reported figure also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter compared to the prior quarter. The reported figure also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$367M
Revenue reported for this quarter.
Quarter-over-quarter
+13.3%
Change from the immediately preceding quarter.
Year-over-year
+18.8%
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 |
|---|---|---|
| Jun 30, 2023 | $323M | -4.7% |
| Sep 30, 2023 | $310M | -3.7% |
| Dec 31, 2023 | $324M | -4.1% |
| Mar 31, 2024 | $367M | +18.8% |
Revenue performance
The revenue direction was positive, with growth from both the immediately preceding quarter and the year-ago period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Versus the same quarter one year earlier, revenue was also higher.
What to watch
The filing context does not provide specific drivers for the revenue change.