Corporate Profile for Citizens Banking Corp., dated Sept. 8.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: Sept. 8, 1995 Company name: Citizens Banking Corp.
Address: One Citizens Banking Center
Flint, MI 48502
Telephone No.: 810/766-7500 Chief Executive Officer: Charles R. Weeks Chief Financial Officer: John W. Ennest Investor Relations Contact: John W. Ennest Business number: 810/257-2557 Public Relations Contact: Valerie M. Jemerson Business number: 517/373-4151 Home number: 517/887-8481 Trading symbol: NASDAQ:CBCF Industry: Banking Company description: Citizens Banking Corp., with assets of $3.4 billion, is the sixth largest commercial bank holding company headquartered in Michigan and is the parent of seven full-service commercial banks. They are: Citizens Commercial & Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. of Flint, Second National Bank of Saginaw, National Bank of Royal Oak, Second National Bank of Bay City, State Bank of Standish, Grayling grayling, common name for a brilliantly colored fish belonging to the genus Thymallus, of the family Salmonidae (salmon family), and closely allied to the smelt. Graylings are found chiefly in clear, cold, fresh waters of the Northern Hemisphere. State Bank, all located in Michigan, and Commercial National Bank of Berwyn, Ill. Citizens Banking Corp. has increased net operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before in each of the last twelve years and earned $29.4 million in 1994. Citizens reported earnings of $14.9 million for the first six months of 1995. The corporation's common stock is traded in the over-the-counter market (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on trading symbol: CBCF CBCF Canadian Breast Cancer Foundation CBCF Congressional Black Caucus Foundation CBCF Community Based Corrections Facilities CBCF Commander, Base Communications Facility ). During the first seven months of 1995 Citizens traded in the range between $26.50 and $30.50. CONTACT: Citizens Banking Corp. |
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