Revenue

Mortgage Banking Income

Citizens Financial Group Mortgage Banking Income decreased by 19.2% to $42.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.8%, from $59.00M to $42.00M. Over 4 years (FY 2021 to FY 2025), Mortgage Banking Income shows a downward trend with a -14.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026

How to read this metric

Higher income typically correlates with increased mortgage application volume and favorable interest rate environments for refinancing.

Detailed definition

This metric represents the noninterest income generated from the origination, sale, and servicing of residential mortgag...

Peer comparison

Standard across banks with significant mortgage operations, often labeled 'Mortgage Banking Revenue'.

Metric ID: wfc_mortgage_banking_income

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$85.00M$108.00M$76.00M$69.00M$72.00M$66.00M$54.00M$57.00M$59.00M$69.00M$57.00M$49.00M$54.00M$46.00M$60.00M$59.00M$73.00M$49.00M$52.00M$42.00M
QoQ Change+27.1%-29.6%-9.2%+4.3%-8.3%-18.2%+5.6%+3.5%+16.9%-17.4%-14.0%+10.2%-14.8%+30.4%-1.7%+23.7%-32.9%+6.1%-19.2%
YoY Change-15.3%-38.9%-28.9%-17.4%-18.1%+4.5%+5.6%-14.0%-8.5%-33.3%+5.3%+20.4%+35.2%+6.5%-13.3%-28.8%
Range$42.00M$108.00M
CAGR-13.8%
Avg YoY Growth-8.7%
Median YoY Growth-13.7%

Frequently Asked Questions

What is Citizens Financial Group's mortgage banking income?
Citizens Financial Group (CFG) reported mortgage banking income of $42.00M in Q1 2026.
How has Citizens Financial Group's mortgage banking income changed year-over-year?
Citizens Financial Group's mortgage banking income decreased by 28.8% year-over-year, from $59.00M to $42.00M.
What is the long-term trend for Citizens Financial Group's mortgage banking income?
Over 4 years (2021 to 2025), Citizens Financial Group's mortgage banking income has grown at a -14.4% compound annual growth rate (CAGR), from $434.00M to $233.00M.
What does mortgage banking income mean?
Income earned from originating, selling, and servicing home mortgage loans.