Citizens Financial's profit drops 33% on interest income slump

France Nouvelles Nouvelles

Citizens Financial's profit drops 33% on interest income slump
France Dernières Nouvelles,France Actualités
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Explore stories from Atlantic Canada.

Grandpere’s love builds a Viking ship in West Pubnico | SaltWire - Citizens Financial Group's third-quarter profit fell 33% on Wednesday on a decline in the bank's income earned from charging customers interest on their loans.

Its net interest income fell nearly 9% to $1.52 billion in the three months ended Sept. 30, compared with a year earlier, while net interest margin came in at 3.03% versus 3.25% last year due to higher funding costs. The lender also accounted for the possibility that its customers might fall behind on repaying debt on their mortgages and credit cards in the coming months as the economic backdrop worsens pressuring household budgets.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

SaltWire Network /  🏆 45. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Citi Treasurer Mike Verdeschi to Depart After 33 Years at BankCiti Treasurer Mike Verdeschi to Depart After 33 Years at BankCitigroup Inc.’s treasurer, Mike Verdeschi, is departing to pursue other opportunities after a 33-year career with the Wall Street giant.
Lire la suite »

Man, 33, arrested after crime spree in Langford, View Royal: RCMPMan, 33, arrested after crime spree in Langford, View Royal: RCMPA 33-year-old man is facing multiple charges of theft, mischief and assault after allegedly leading the West Shore RCMP on a drunken crime spree through View Royal and Langford.
Lire la suite »

33 Slightly Inappropriate Comics By “Fruit Gone Bad” (New Pics)33 Slightly Inappropriate Comics By “Fruit Gone Bad” (New Pics)Delving into his renowned webcomic, 'Fruit Gone Bad,' King uncovers a world where fruits, vegetables, and other diverse foods - from bread to pizza - aren't just edibles but vivid characters dragged into relationships and societal standards.
Lire la suite »

Goldman Sachs profits drop off by 33% in Q3 earnings beatGoldman Sachs profits drop off by 33% in Q3 earnings beatGoldman Sachs (GS) cites a 33% year-over-year drop in profits in the bank's third-quarter earnings beat. Yahoo Finance Live examines Goldman Sachs' business ...
Lire la suite »

33 Slightly Inappropriate Comics By This Artist (New Pics)33 Slightly Inappropriate Comics By This Artist (New Pics)Delving into his renowned webcomic, 'Fruit Gone Bad,' King uncovers a world where fruits, vegetables, and other diverse foods - from bread to pizza - aren't just edibles but vivid characters dragged into relationships and societal standards.
Lire la suite »

33 Twisted Comics From 'Fruit Gone Bad' (New Pics)33 Twisted Comics From 'Fruit Gone Bad' (New Pics)Delving into his renowned webcomic, 'Fruit Gone Bad,' King uncovers a world where fruits, vegetables, and other diverse foods - from bread to pizza - aren't just edibles but vivid characters dragged into relationships and societal standards.
Lire la suite »



Render Time: 2025-03-01 20:18:42