Citizens Financial (CFG) Asset Writedowns and Impairment (2013 - 2018)

Citizens Financial has reported Asset Writedowns and Impairment for 6 years, with the latest figure at $1.0 million in Q2 2018.

• Quarterly Asset Writedowns and Impairment fell 75.0% year-over-year to $1.0 million in Q2 2018, while the trailing twelve-month figure through Jun 2018 was $4.0 million (down 55.56% YoY) and the FY2017 annual result came in at $7.0 million, down 41.67% from the prior year.
• Asset Writedowns and Impairment held at $1.0 million in Q2 2018 per CFG's latest filing, from $1.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $7.0 million in Q2 2016 and troughed at $1.0 million in Q3 2014.
• A 5-year average of $2.1 million and a median of $1.5 million in 2014 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2015 and 2016: Asset Writedowns and Impairment plunged 75.0% in 2015, then soared 250.0% in 2016.
• Over 5 years, Asset Writedowns and Impairment stood at $3.0 million in 2014, then plunged by 33.33% to $2.0 million in 2015, then slumped 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.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.0 million, $1.0 million, and $1.0 million for Q2 2018, Q1 2018, and Q4 2017 respectively.