Areas Monetary Corp. (NYSE: RF) has reported a rise in income and adjusted earnings for the third quarter of fiscal 2025 amid a rise in curiosity revenue.
- The corporate reported revenues of $1.9 billion for the third quarter, up 7% from the corresponding quarter final 12 months
- Web curiosity revenue rose to $1.26 billion within the September quarter from $1.22 billion in the identical interval final 12 months
- At $659 million, third-quarter non-interest revenue was up 15.2% from the prior-year quarter
- Third quarter web revenue rose to $548 million or $0.61 per share from $446 million or $0.49 per share in Q3 2024
- Adjusted earnings have been $561 million, up 8% year-over-year; adjusted earnings per share have been $0.63, up 11%
- Web curiosity margin moved as much as 3.59% in Q3 from 3.54% within the corresponding quarter of fiscal 2024
- Non-interest bills totaled $1.10 billion within the September quarter, vs. $1.07 billion final 12 months
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