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Earnings Abstract: Areas Monetary Corp. (RF) studies Q3 2024 outcomes

by Index Investing News
October 20, 2024
in Markets
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Areas Monetary Corp. (NYSE: RF) on Friday introduced outcomes for the third quarter of 2024, reporting earnings that remained unchanged year-over-year.

  • Internet revenue obtainable to frequent shareholders was $490 million or $0.49 per share in Q3, which is consistent with the revenue the corporate generated within the year-ago quarter
  • The corporate reported $1.8 billion in whole income through the quarter, in comparison with $1.86 billion in Q3 2023
  • Q3 web curiosity revenue decreased to $1.22 billion from $1.29 billion within the prior-year interval
  • Internet curiosity margin was 3.54% within the September quarter, in comparison with $3.73% a 12 months earlier
  • Whole non-interest revenue got here in at $572 million through the three months, vs. $566 million in the identical interval final 12 months
  • Whole loans had been $97.04 billion in Q3, vs. $98.8 billion final 12 months; whole deposits rose to $125.95 billion from $125.22 billion a 12 months earlier



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