Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Ahlibank Qatar reports FY2024 net profit of QAR 891.6 million, up 6.6%, proposes 25% cash dividend
Ahlibank's 2024 profit rose from QAR 836.5 million a year earlier, and its board recommended a 25% cash dividend subject to Qatar Central Bank and shareholder approval.
Citizens Financial Group Reports Q4 2024 Net Income of $401 Million and Full-Year Profit of $1.5 Billion
Citizens Financial Group posted Q4 2024 net income of $401 million and full-year 2024 net income of $1.5 billion, with CET1 at 10.8% and Private Bank deposits reaching $7 billion.
Huntington Bancshares Reports Q4 2024 Net Income of $530 Million and Record Quarterly Fee Income
Huntington Bancshares posted Q4 2024 net income of $530 million and full-year 2024 net income of $1.94 billion, with record fee income and loan growth of $3.7 billion in the quarter.
Regions Financial Reports Full-Year 2024 Net Income of $1.8 Billion as Fourth-Quarter Net Interest Margin Edges Up to 3.55%
Regions Financial posted full-year 2024 net income of $1.8 billion, with Q4 2024 NIM rising to 3.55% and CET1 at 10.8%.
U.S. Bancorp Reports Full-Year 2024 Net Income of $6.3 Billion on Annual Revenues of $27.5 Billion
U.S. Bancorp posted full-year 2024 net income of $6.3 billion, EPS of $3.79, and net revenues of $27.5 billion, with CET1 rising to 10.6%.
M&T Bank Reports Q4 2024 Net Income of $681 Million as CET1 Rises for Seventh Consecutive Quarter
M&T Bank posted Q4 2024 net income of $681 million and full-year 2024 net income of $2.59 billion, with CET1 climbing to 11.67% for the seventh straight quarter.
PNC Financial Services Reports Full-Year 2024 Net Income of $6.0 Billion
PNC Financial Services posted full-year 2024 net income of $6.0 billion, diluted EPS of $13.74, and NII of $13.5 billion, with Q4 net income up 84% year-on-year.
Morgan Stanley reports record full-year 2024 net revenues of $61.8 billion and net income of $13.4 billion
Full-year net revenues rose 14% and net income 47%, with diluted EPS of $7.95 and a return on tangible common equity of 18.8%. Fourth-quarter revenues reached $16.2 billion.
Goldman Sachs Reports Full-Year 2024 Net Revenues of $53.5 Billion, Second-Highest EPS on Record
Goldman Sachs posted $53.51bn in 2024 net revenues, up 16%, with EPS of $40.54 — the second-highest in its history — as M&A advisory topped global rankings.
JPMorgan Chase Reports Record $58.5 Billion Full-Year Net Income for 2024 With Q4 Revenues Up 10%
JPMorgan Chase announced record full-year 2024 net income of $58.5 billion and Q4 managed revenue of $43.7 billion, up 10%, with investment banking fees rising 49% in the fourth quarter.
Bank Muscat Reports FY2024 Net Profit of RO 225.6 Million as Fitch Revises Outlook to Positive
Oman's Bank Muscat posted a 6.2% rise in full-year 2024 net profit to RO 225.6 million, with total assets reaching RO 14.04 billion and Fitch revising its credit outlook to positive.
Citigroup Posts Full-Year 2024 Net Income of $12.7 Billion on Revenues of $81.1 Billion
Citigroup reported 2024 net income of $12.7 billion, up 37% from the prior year, on revenues of $81.1 billion with record results in Services, Wealth, and US Personal Banking.