Citizens Financial Group Inc/Ri (CFG-PH) Asset Writedowns and Impairment (2013 - 2018)

Citizens Financial has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting $1.0 million for Q2 2018.

• In Q2 2018, Asset Writedowns and Impairment fell 75.0% year-over-year to $1.0 million; the TTM figure through Jun 2018 stood at $4.0 million (down 55.56% YoY), while the FY2017 annual figure was $7.0 million, down 41.67% from the prior year.
• Asset Writedowns and Impairment came in at $1.0 million for Q2 2018 at Citizens Financial, roughly flat from $1.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $7.0 million in Q2 2016 to a low of $1.0 million in Q3 2014.
• Average Asset Writedowns and Impairment over 5 years is $2.1 million, with a median of $1.5 million recorded in 2014.
• Year-over-year, Asset Writedowns and Impairment tumbled 75.0% in 2015 and surged 250.0% in 2016.
• Over 5 years, Asset Writedowns and Impairment stood at $3.0 million in 2014, then slumped by 33.33% to $2.0 million in 2015, then plunged by 50.0% to $1.0 million in 2016, then changed by 0.0% to $1.0 million in 2017, then changed by 0.0% to $1.0 million in 2018.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $1.0 million in Q2 2018, $1.0 million in Q1 2018, and $1.0 million in Q4 2017.