Company-wide and mortgage earnings improved at Citizens Financial Group Inc. Residential servicing and assets expanded, while originations had a quarter-over-quarter gain.

Prior to income tax expense, the Providence, Rhode Island-based bank-holding company earned $462 million in the three months ended June 30, its second-quarter results indicate.

Income exceeded the $361 million earned in the same-three months last year and also improved from $434 million in the first-quarter of this year.


Source: Mortgage Daily