FDIC: 16 banks within R.I., Bristol County, Mass., report profit increases through 3Q

CITIZENS BANK N.A. reported a net income of $1.4 billion through the third quarter, according to financial data from the Federal Deposit Insurance Corp. Thursday. / BLOOMBERG FILE PHOTO/SCOTT EISEN
CITIZENS BANK N.A. reported a net income of $1.4 billion through the third quarter, according to financial data from the Federal Deposit Insurance Corp. Thursday. / BLOOMBERG FILE PHOTO/SCOTT EISEN
PROVIDENCE – Sixteen banks that operate in Rhode Island and Bristol County, Mass., reported increases in third quarter year-to-date profit from 2018, while seven banks reported net-income declines, according to data from the Federal Deposit Insurance Corp. Tuesday. Eight Rhode Island-based banks, 11 Massachusetts-based banks and four institutions with local branches that are headquartered outside…

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