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Citizens Financial Group CFG Consumer Banking — Provision (benefit) for credit losses

Other segment segments

Commercial Banking
$64M

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Other financials

Income statement

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Revenue$2.2B+12.0%
Net income$517.0M+38.6%
EPS (diluted)$1.13+46.8%

Balance sheet

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Cash & equivalents$12.3B+6.8%
Total debt$12.3B0.0%
Total equity$26.2B+5.3%
Total assets$227.92B+3.5%

Cash flow

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Operating cash flow$237.0M+211%
CapEx--100%
Free cash flow$237.0M+204%

Valuation

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Market cap$29.63B+56.9%
Enterprise value$29.62B+28.4%
P/E15×+3.1×
P/S3.5×+1.1×

Profitability

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Net margin23.3%+3.4pp
FCF margin33.7%+7.3pp

Returns & leverage

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Return on equity7.7%+1.4pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Citizens Financial Group in its filing.

Tagged under the XBRL concept cfg:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalAndOffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

The official record: Citizens Financial Group’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 $71M 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 $86M to $71M.
What is the long-term trend for Citizens Financial Group's consumer banking — provision (benefit) for credit losses?
Over 4 years (2021 to 2025), Citizens Financial Group's consumer banking — provision (benefit) for credit losses has grown at a 19.3% compound annual growth rate (CAGR), from $162M to $328M.
What does consumer banking — provision (benefit) for credit losses mean?
This represents the expense set aside by the bank to cover anticipated future losses on its consumer loan portfolio. It is a forward-looking estimate based on economic conditions and the credit quality of the loan book.