Provision for Credit Losses
Citigroup Provision for Credit Losses increased by 26.4% to $2.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $2.72B to $2.81B. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 28.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.08B | -$201.00M | -$390.00M | $755.00M | $1.27B | $1.37B | $1.85B | $1.98B | $1.82B | $1.84B | $3.55B | $2.37B | $2.48B | $2.68B | $2.59B | $2.72B | $2.87B | $2.45B | $2.22B | $2.81B |
| QoQ Change | — | +81.4% | -94.0% | +293.6% | +68.7% | +7.1% | +35.2% | +7.0% | -7.6% | +0.9% | +92.8% | -33.3% | +4.7% | +8.0% | -3.1% | +5.0% | +5.5% | -14.7% | -9.4% | +26.4% |
| YoY Change | — | — | — | — | +217.7% | +779.1% | +573.1% | +161.6% | +43.2% | +34.8% | +92.2% | +19.7% | +35.7% | +45.4% | -26.9% | +15.1% | +16.0% | -8.4% | -14.4% | +3.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| USCC | $2.32B | $1.91B | $2.17B | $1.78B | $1.89B | $1.84B | $1.67B | $2.09B |
| Banking | -$32.00M | $177.00M | -$240.00M | $214.00M | $173.00M | $157.00M | $176.00M | $132.00M |
| Wealth | -$9.00M | $33.00M | — | $126.00M | -$26.00M | $30.00M | $38.00M | $101.00M |
| Services | -$27.00M | $127.00M | $112.00M | $51.00M | $353.00M | $61.00M | $0.00 | $94.00M |
| Markets | -$11.00M | $141.00M | $134.00M | $201.00M | $108.00M | $32.00M | — | -$15.00M |
| Total | $2.48B | $2.68B | $2.59B | $2.72B | $2.87B | $2.45B | $2.22B | $2.81B |
Institutional Clients Group, Legacy Franchises, Personal Banking and Wealth Management were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Citigroup's provision for credit losses?
- Citigroup (C) reported provision for credit losses of $2.81B in Q1 2026.
- How has Citigroup's provision for credit losses changed year-over-year?
- Citigroup's provision for credit losses increased by 3.0% year-over-year, from $2.72B to $2.81B.
- What is the long-term trend for Citigroup's provision for credit losses?
- Over 4 years (2021 to 2025), Citigroup's provision for credit losses has grown at a 28.4% compound annual growth rate (CAGR), from -$3.78B to $10.27B.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.