Noninterest Expense
Citizens Financial Group Noninterest Expense increased by 2.6% to $1.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $1.31B to $1.38B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows an upward trend with a 6.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.
Detailed definition
This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...
Peer comparison
Standardized across the banking industry as a primary measure of non-interest operating costs.
other_noninterest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '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 | $991.00M | $1.01B | $1.06B | $1.11B | $1.31B | $1.24B | $1.24B | $1.30B | $1.31B | $1.29B | $1.61B | $1.36B | $1.30B | $1.26B | $1.32B | $1.31B | $1.32B | $1.34B | $1.34B | $1.38B |
| QoQ Change | — | +2.0% | +4.9% | +4.2% | +18.0% | -4.9% | -0.1% | +4.5% | +0.8% | -1.0% | +24.7% | -15.8% | -4.2% | -3.2% | +4.5% | -0.2% | +0.4% | +1.2% | +0.6% | +2.6% |
| YoY Change | — | — | — | — | +31.7% | +22.7% | +16.9% | +17.2% | +0.1% | +4.2% | +30.0% | +4.8% | -0.4% | -2.6% | -18.4% | -3.2% | +1.4% | +6.0% | +2.1% | +4.9% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer Banking | $903.00M | $915.00M | $916.00M | — | — | $963.00M | $979.00M | $1.03B |
| Commercial Banking | $317.00M | $311.00M | $300.00M | — | — | $317.00M | $333.00M | $334.00M |
| Non-Core | $25.00M | $26.00M | $23.00M | $24.00M | $16.00M | $15.00M | $12.00M | — |
| Total | $1.36B | $1.30B | $1.26B | $1.32B | $1.31B | $1.32B | $1.34B | $1.38B |
Non-Core was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Noninterest Expense at Other Companies
Frequently Asked Questions
- What is Citizens Financial Group's noninterest expense?
- Citizens Financial Group (CFG) reported noninterest expense of $1.38B in Q1 2026.
- How has Citizens Financial Group's noninterest expense changed year-over-year?
- Citizens Financial Group's noninterest expense increased by 4.9% year-over-year, from $1.31B to $1.38B.
- What is the long-term trend for Citizens Financial Group's noninterest expense?
- Over 4 years (2021 to 2025), Citizens Financial Group's noninterest expense has grown at a 6.8% compound annual growth rate (CAGR), from $4.08B to $5.31B.
- What does noninterest expense mean?
- The total operating expenses incurred by the company excluding interest-related costs.