Citizens Financial Group Consumer Banking — Direct expenses increased by 3.3% to $724.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $669.00M to $724.00M. Over 3 years (FY 2022 to FY 2025), Consumer Banking — Direct expenses shows an upward trend with a 9.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue indicates improved operational efficiency and better cost control.
These are the costs directly attributable to the operations of the consumer banking segment, including branch staff sala...
Comparable to direct operating expenses reported by business segments in diversified financial institutions.
cfg_segment_consumer_banking_direct_expenses| 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 | $525.75M | $525.75M | $525.75M | $525.75M | $561.00M | $561.00M | $561.00M | $561.00M | $576.00M | $566.00M | $586.00M | $597.00M | $669.00M | $679.00M | $692.00M | $701.00M | $724.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.7% | +0.0% | +0.0% | +0.0% | +2.7% | -1.7% | +3.5% | +1.9% | +12.1% | +1.5% | +1.9% | +1.3% | +3.3% |
| YoY Change | — | — | — | — | +6.7% | +6.7% | +6.7% | +6.7% | +2.7% | +0.9% | +4.5% | +6.4% | +16.1% | +20.0% | +18.1% | +17.4% | +8.2% |