Citizens Financial Group: Despite Upbeat View, Critical Metrics Continue To Soften

In the just-reported Q2 earnings release, Citizens saw declines in both the deposit and loan base once again sequentially. Revenues fell in Q2 from a year ago, with Citizens generating $1.963 billion in revenue. These revenues of$1.963 billion were a small increase sequentially from $1.959 billion, but down 6.2$182 million, which was up from the sequential Q1, and up $6 million from last year's Q2. As such, provisions for losses have been stable largel ...