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Citizens Financial Group (BSP:C1FG34) Allowance For Loans And Lease Losses : R$-10,388 Mil (As of Mar. 2024)


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What is Citizens Financial Group Allowance For Loans And Lease Losses?

Citizens Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was R$-10,388 Mil.

Citizens Financial Group's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (R$-10,144 Mil) to Dec. 2023 (R$-10,152 Mil) and declined from Dec. 2023 (R$-10,152 Mil) to Mar. 2024 (R$-10,388 Mil).

Citizens Financial Group's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (R$-9,681 Mil) to Dec. 2022 (R$-10,281 Mil) but then increased from Dec. 2022 (R$-10,281 Mil) to Dec. 2023 (R$-10,152 Mil).


Citizens Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Citizens Financial Group's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Citizens Financial Group Allowance For Loans And Lease Losses Chart

Citizens Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,060.85 -12,300.98 -9,681.19 -10,280.98 -10,152.39

Citizens Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10,380.74 -9,775.35 -10,144.09 -10,152.39 -10,387.86

Citizens Financial Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Citizens Financial Group Allowance For Loans And Lease Losses Related Terms

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Citizens Financial Group (BSP:C1FG34) Business Description

Traded in Other Exchanges
Address
One Citizens Plaza, Providence, RI, USA, RI 02903
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.

Citizens Financial Group (BSP:C1FG34) Headlines

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