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Citizens Financial Q2 net income 235 million

Christian Fernsby |
Citizens Financial Group reported Q2 net income of $253 million compared to $453 million last year.

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On an Underlying basis, Q2 net income available to common stockholders was $235 million versus $440 million in second quarter 2019.

Total revenue increased 7% to $1.75 billion from $1.63 billion generated a year ago, reflecting stable net interest income and a 28% increase in noninterest income driven by record results in mortgage banking.

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