Citizens Financial Group Inc CFG shares are trading lower by around 3% after the company missed Q3 FY23 earnings estimates. The company reported a revenue decline of 7% Y/Y to $2.01 billion, missing the analyst consensus of $2.04 billion. Net interest income fell 9% Y/Y to $1.52 billion due to lower net interest margin and a 2% decline in average interest-earning assets. Adjusted net income for the quarter decreased 33% Y/Y to $448 million. Adjusted EPS of $0.89 missed the analyst consensus of $0.92. Adjusted efficiency ratio for the quarter was 63.1% compared to a ratio of 54.9% last year. Capital Equity Tier 1 ratio improved to 10.4%, vs. 9.8% a year ago. Period-end loans to deposit ratio was 84.0% compared to 87.4% last year. Provision for credit losses rose to $172 million vs. $123 million a year ago.