citizens financial group maintains strong position in us retail banking sector

UBS has reiterated its Buy recommendation for Citizens Financial Group, Inc., a well-known retail bank in the United States.

The bank's net interest income is mainly generated from its Retail Banking segment, which makes up 64.6%, while Commercial Banking contributes 35.4%.

As of the end of 2023, Citizens Financial Group reported managing short-term deposits totaling USD 177.3 billion alongside short-term loans amounting to USD 143.9 billion.

The bank operates a strong network of 1,100 branches across the United States, offering a wide range of financial products and services to its customers.

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