Tag: Citizens Bank
Citizens reports $1.8B profit in 2019
PROVIDENCE – Citizens Financial Group Inc., the holding company for Citizens Bank brought in a $1.8 billion profit in 2019, adding $70 million, or...
New apartments proposed for historic Citizens Bank property
PROVIDENCE – A redevelopment plan for the historic Citizens Bank property on Westminster Street has received preliminary approval from the City Plan Commission. The West...
Banks expected to continue feeling squeeze in lending margins
For Marc Perlman, principal owner and CEO of Ocean State Job Lot, the Federal Reserve’s outlook for 2020 is the best business fortune he...
Several local banks receive top financial strength rating from Bauer Financial
PROVIDENCE – Nine local banks and 24 local credit unions were recognized with five-star ratings by Bauer Financial, according to the company this week. An...
VITA saves taxpayers $27M in 2019
PROVIDENCE – The Volunteer Income Tax Assistance program helped save taxpayers in the state $27 million in 2019, United Way of Rhode Island said...
American Banker names Citizen’s Van Saun Banker of the Year
PROVIDENCE – American Banker has named Citizens Financial Group Inc. CEO Bruce Van Saun Banker of the Year this week. The publication cited Van Saun’s...
FDIC: 16 banks within R.I., Bristol County, Mass., report profit increases...
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...
R.I. business confidence rises from previous year in Q3
PROVIDENCE – Business confidence in the third quarter of 2019 in Rhode Island has improved from one year prior, according to Citizens Bank. The Rhode...
Citizens Bank partners with Microsoft and Amazon on consumer financing
PROVIDENCE – Citizens Bank announced a partnership Tuesday with two of America’s corporate giants – Microsoft Corp. and Amazon.com Inc. – in which the...
Citizens Financial Group announces $450M stock offering
PROVIDENCE – Rhode Island’s largest bank is making a habit of having stock offerings following the release of its quarterly financial reports. Providence-based Citizens Financial...
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