Citizens Financial (CFG) Provision for Credit Losses (2013 - 2026)
Citizens Financial (CFG) reported Provision for Credit Losses of $125 million for Q3 2026, down 18.8% from $154 million a year earlier and down 14.4% from the prior quarter.
Citizens Financial (CFG) Provision for Credit Losses (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Citizens Financial's Provision for Credit Losses came in at $561 million, down 12.6% year-over-year; for FY2025, it came in at $608 million, down 14.2% from FY2024.
- Provision for Credit Losses has a five-year compound annual growth rate of -17.8% (FY2020 to FY2025).
- By year, Provision for Credit Losses came in at $709 million in FY2024 (-2.1%), $724 million in FY2023 (+52.7%), $474 million in FY2022 and -$411 million in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Provision for Credit Losses since Q3 2022.
- The high point for year-over-year Provision for Credit Losses in five years was Q1 2023 (growth of 700.0%); the low point was Q2 2025 (a decline of 26.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $146 million (Q2 2026), $153 million (Q1 2026) and $137 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 2.74 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 1.24 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 717.20 Mn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 103.00 Mn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 368.00 Mn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 1.03 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 985.00 Mn |
| 10 | Citizens Financial | 26.67 Bn | 26.67 Bn | - | 125.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 125.00 Mn |
| Jun 30, 2026 | 146.00 Mn |
| Mar 31, 2026 | 153.00 Mn |
| Dec 31, 2025 | 137.00 Mn |
| Sep 30, 2025 | 154.00 Mn |
| Jun 30, 2025 | 164.00 Mn |
| Mar 31, 2025 | 153.00 Mn |
| Dec 31, 2024 | 171.00 Mn |
| Sep 30, 2024 | 172.00 Mn |
| Jun 30, 2024 | 223.00 Mn |
| Mar 31, 2024 | 171.00 Mn |
| Dec 31, 2023 | 189.00 Mn |
| Sep 30, 2023 | 189.00 Mn |
| Jun 30, 2023 | 179.00 Mn |
| Mar 31, 2023 | 168.00 Mn |
| Dec 31, 2022 | 132.00 Mn |
| Sep 30, 2022 | 123.00 Mn |
| Jun 30, 2022 | 216.00 Mn |
| Mar 31, 2022 | 21.00 Mn |
| Dec 31, 2021 | -25.00 Mn |
Citizens Financial Provision for Credit Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=CFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "ticker": "CFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=CFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();