Consumer Banking — Provision (benefit) for credit losses
Citizens Financial Group Consumer Banking — Provision (benefit) for credit losses decreased by 11.3% to $71.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.4%, from $86.00M to $71.00M. Over 3 years (FY 2022 to FY 2025), Consumer Banking — Provision (benefit) for credit losses shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improved portfolio health.
Detailed definition
This represents the expense set aside by the bank to cover anticipated future losses on its consumer loan portfolio. It...
Peer comparison
Standard credit risk metric across all lending institutions.
cfg_segment_consumer_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 | $45.00M | $35.00M | $49.00M | $39.00M | $62.00M | $76.00M | $83.00M | $82.00M | $67.00M | $48.00M | $81.00M | $84.00M | $84.00M | $82.00M | $86.00M | $81.00M | $81.00M | $80.00M | $71.00M |
| QoQ Change | — | -22.2% | +40.0% | -20.4% | +59.0% | +22.6% | +9.2% | -1.2% | -18.3% | -28.4% | +68.8% | +3.7% | +0.0% | -2.4% | +4.9% | -5.8% | +0.0% | -1.2% | -11.3% |
| YoY Change | — | — | — | -13.3% | +77.1% | — | +69.4% | +110.3% | +8.1% | -36.8% | -2.4% | +2.4% | +25.4% | +70.8% | +6.2% | -3.6% | -3.6% | -2.4% | -17.4% |
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Frequently Asked Questions
- What is Citizens Financial Group's consumer banking — provision (benefit) for credit losses?
- Citizens Financial Group (CFG) reported consumer banking — provision (benefit) for credit losses of $71.00M in Q1 2026.
- How has Citizens Financial Group's consumer banking — provision (benefit) for credit losses changed year-over-year?
- Citizens Financial Group's consumer banking — provision (benefit) for credit losses decreased by 17.4% year-over-year, from $86.00M to $71.00M.
- What is the long-term trend for Citizens Financial Group's consumer banking — provision (benefit) for credit losses?
- Over 3 years (2022 to 2025), Citizens Financial Group's consumer banking — provision (benefit) for credit losses has grown at a 13.2% compound annual growth rate (CAGR), from $226.00M to $328.00M.
- What does consumer banking — provision (benefit) for credit losses mean?
- The amount of money set aside to cover expected future loan defaults.