Operating Expenses
Provision for Credit Losses
Citizens Financial Group Provision for Credit Losses increased by 109.1% to $3.00M in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase suggests deteriorating credit quality or portfolio growth, while a decrease may indicate improved borrower health or more conservative lending.
Detailed definition
This is an expense set aside to cover expected future losses on loans and credit card receivables. It reflects managemen...
Peer comparison
Standard for all lenders and credit card issuers.
Metric ID:
provision_for_credit_lossesHistorical Data
3 periods
| Q2 '21 | Q3 '21 | Q1 '22 | |
|---|---|---|---|
| Value | -$213.00M | -$33.00M | $3.00M |
| QoQ Change | — | +84.5% | +109.1% |
Range-$213.00M – $3.00M
Current Streak2+ quarters growth
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|
| TBD | $25.00M | $0.00 | $0.00 | $0.00 |
| Total | — | — | — | — |
TBD was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Citizens Financial Group's provision for credit losses?
- Citizens Financial Group (CFG) reported provision for credit losses of $3.00M in Q1 2022.
- What does provision for credit losses mean?
- The amount of money set aside to cover potential losses from unpaid loans.