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Income Statement
CITIZENS FINANCIAL GROUP INC RI (CFG)
source: myfinsight.com
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Investment securities$428M (2.64%↑ Y/Y)Interest and fees on loansand leases$1,851M (-7.96%↓ Y/Y)Interest and fees on loansheld for sale$36M (176.92%↑ Y/Y)Interest-bearing deposits inbanks$92M (-29.23%↓ Y/Y)Total interest income$2,407M (-6.52%↓ Y/Y)Net interest income$1,437M (1.91%↑ Y/Y)Capital markets fees$105M (-21.64%↓ Y/Y)Card fees$90M (-2.17%↓ Y/Y)Foreign exchange andderivative products$41M (5.13%↑ Y/Y)Letter of credit andloan fees$45M (4.65%↑ Y/Y)Service charges and fees$111M (4.72%↑ Y/Y)Wealth fees$88M (17.33%↑ Y/Y)Securities gains, net$5M (0.00%↑ Y/Y)Mortgage banking fees$73M (35.19%↑ Y/Y)Other income$42M (320.00%↑ Y/Y)Total interestexpense$970M (-16.74%↓ Y/Y)Net interest incomeafter provision...$1,273M (3.66%↑ Y/Y)Total noninterestincome$600M (8.50%↑ Y/Y)Provision (benefit) forcredit losses$164M (-9.89%↓ Y/Y)Deposits$802M (-16.89%↓ Y/Y)Long-term borrowed funds$159M (-18.88%↓ Y/Y)Short-term borrowed funds$9M (125.00%↑ Y/Y)Income before incometax expense$554M (15.42%↑ Y/Y)Total noninterestexpense$1,319M (1.38%↑ Y/Y)Net income$436M (11.22%↑ Y/Y)Income tax expense$118M (34.09%↑ Y/Y)Equipment and software$193M (1.58%↑ Y/Y)Salaries and employeebenefits$681M (5.58%↑ Y/Y)Occupancy$108M (-4.42%↓ Y/Y)Other operatingexpense$168M (-10.64%↓ Y/Y)Outside services$169M (2.42%↑ Y/Y)