Citizens CEO Expects Uptick in Loan Growth This Year

Citizens CEO Expects Uptick in Loan Growth This Year

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of commercial banking, highlighting a strong quarterly performance led by fee-based businesses such as capital markets and wealth management. Despite challenges in the mortgage sector, overall revenue remains strong. The credit outlook has improved significantly, with a notable reduction in charge-offs. Looking ahead, loan growth is expected to increase, driven by consumer and commercial sectors as the economy gains momentum.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What improvements were noted in the credit picture?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected drivers for growth in the second quarter?

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