Citizens Financial Group, Inc. (CFG), 2024 Q4 earnings digest

$CFG has released its Q4 earnings, reporting an EPS of $0.85, beating estimates by $0.02, alongside revenues of $1.99B, a slight decline of 0.10% year-over-year. Financial health remains solid with a CET1 ratio of 10.8% and an ACL-to-loan ratio at 1.62%. For Q4, net interest income (NII) increased by 3%, attributed to NIM expansion. The outlook for 2025 projects growth in net interest income and fees, bolstered by increased loan demand and investments in core areas. Key risks include subdued overall loan demand and ongoing credit challenges. More details at http://valueverge.com/CFG.