Commercial Banking — Provision (benefit) for credit losses
Citizens Financial Group Commercial Banking — Provision (benefit) for credit losses decreased by 8.6% to $64.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.9%, from $77.00M to $64.00M. Over 3 years (FY 2022 to FY 2025), Commercial Banking — Provision (benefit) for credit losses shows an upward trend with a 88.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests deteriorating credit quality or a more conservative economic outlook.
Detailed definition
This is the expense set aside by the commercial banking segment to cover potential future losses on loans and credit com...
Peer comparison
Standard metric for assessing credit risk provisioning across all commercial lending institutions.
cfg_segment_commercial_banking_provision_benefit_for_credit_lossesHistorical Data
| Q2 '21 | Q3 '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 | $34.00M | $15.00M | $12.00M | $10.00M | $12.00M | $12.00M | $47.00M | $71.00M | $67.00M | $65.00M | $81.00M | $90.00M | $91.00M | $91.00M | $77.00M | $84.00M | $78.00M | $70.00M | $64.00M |
| QoQ Change | — | -55.9% | -20.0% | -16.7% | +20.0% | +0.0% | +291.7% | +51.1% | -5.6% | -3.0% | +24.6% | +11.1% | +1.1% | +0.0% | -15.4% | +9.1% | -7.1% | -10.3% | -8.6% |
| YoY Change | — | — | — | -70.6% | -20.0% | — | +291.7% | +610.0% | +458.3% | +441.7% | +72.3% | +26.8% | +35.8% | +40.0% | -4.9% | -6.7% | -14.3% | -23.1% | -16.9% |
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Frequently Asked Questions
- What is Citizens Financial Group's commercial banking — provision (benefit) for credit losses?
- Citizens Financial Group (CFG) reported commercial banking — provision (benefit) for credit losses of $64.00M in Q1 2026.
- How has Citizens Financial Group's commercial banking — provision (benefit) for credit losses changed year-over-year?
- Citizens Financial Group's commercial banking — provision (benefit) for credit losses decreased by 16.9% year-over-year, from $77.00M to $64.00M.
- What is the long-term trend for Citizens Financial Group's commercial banking — provision (benefit) for credit losses?
- Over 3 years (2022 to 2025), Citizens Financial Group's commercial banking — provision (benefit) for credit losses has grown at a 88.7% compound annual growth rate (CAGR), from $46.00M to $309.00M.
- What does commercial banking — provision (benefit) for credit losses mean?
- The amount of money set aside to cover potential future loan defaults.