Citizens posts $253M Q2 profit with record noninterest income

CITIZENS FINANCIAL GROUP posted a $253 million profit in the second quarter of 2020. / PBN FILE PHOTO
PROVIDENCE – After a dramatic drop in profit margins in the first quarter, Citizens Financial Group Inc. saw second-quarter earnings rebound to $253 million, the company reported on Friday. The quarterly net income for the Citizens Bank holding company is still 44% less than the $453 million profit posted in the second quarter of 2019,…

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