Citizens also noted a lower loan-to-deposit ratio  LDR  of 82  and a reduction of Federal Home Loan Bank  FHLB  advances to $3.8B.Bruce Van Saun, Chairman and CEO of Citizens, highlighted the company's strong balance sheet and the successful execution of strategic initiatives aimed at medium-term growth.
Citizens Financial Group reported a lower loan-to-deposit ratio of 82% and a reduction in Federal Home Loan Bank advances to $3.8 billion, indicating a strong balance sheet and strategic initiatives for medium-term growth.