Other

Equipment

Citizens Financial Group Equipment decreased by 1.0% to $197.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $194.00M to $197.00M. Over 4 years (FY 2021 to FY 2025), Equipment shows an upward trend with a 6.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026

How to read this metric

Increasing costs may indicate aging infrastructure or expansion of physical service capabilities, while stability suggests effective asset management.

Detailed definition

This metric tracks specific costs related to the maintenance, lease, and depreciation of equipment used in daily operati...

Peer comparison

Commonly reported by banks with significant physical branch or back-office operations.

Metric ID: other_equipment_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$155.00M$157.00M$146.00M$150.00M$169.00M$159.00M$170.00M$169.00M$181.00M$191.00M$215.00M$192.00M$190.00M$194.00M$193.00M$194.00M$193.00M$197.00M$199.00M$197.00M
QoQ Change+1.3%-7.0%+2.7%+12.7%-5.9%+6.9%-0.6%+7.1%+5.5%+12.6%-10.7%-1.0%+2.1%-0.5%+0.5%-0.5%+2.1%+1.0%-1.0%
YoY Change+9.0%+1.3%+16.4%+12.7%+7.1%+20.1%+26.5%+13.6%+5.0%+1.6%-10.2%+1.0%+1.6%+1.5%+3.1%+1.5%
Range$146.00M$215.00M
CAGR+5.2%
Avg YoY Growth+7.0%
Median YoY Growth+4.0%

Frequently Asked Questions

What is Citizens Financial Group's equipment?
Citizens Financial Group (CFG) reported equipment of $197.00M in Q1 2026.
How has Citizens Financial Group's equipment changed year-over-year?
Citizens Financial Group's equipment increased by 1.5% year-over-year, from $194.00M to $197.00M.
What is the long-term trend for Citizens Financial Group's equipment?
Over 4 years (2021 to 2025), Citizens Financial Group's equipment has grown at a 6.4% compound annual growth rate (CAGR), from $610.00M to $783.00M.
What does equipment mean?
Expenses related to the upkeep and leasing of operational equipment.