Citizens Financial Group (CFG) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed in recent periods.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$402M
Revenue reported for this quarter.
Quarter-over-quarter
+9.5%
Change from the immediately preceding quarter.
Year-over-year
+24.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4B
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, 2023 | $310M | -3.7% |
| Dec 31, 2023 | $324M | -4.1% |
| Mar 31, 2024 | $367M | +18.8% |
| Jun 30, 2024 | $402M | +24.5% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, marking a further acceleration from the prior period's increase.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, and the year-over-year growth rate was larger than the sequential gain.
What to watch
The filing context does not provide specific factors for the revenue change; monitor future filings for underlying drivers.