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CFGPE.PFD (Citizens Financial Group) Allowance For Loans And Lease Losses : $-2,014.00 Mil (As of Mar. 2025)


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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. 2025 was $-2,014.00 Mil.

Citizens Financial Group's quarterly Allowance For Loans And Lease Losses increased from Sep. 2024 ($-2,079.00 Mil) to Dec. 2024 ($-2,061.00 Mil) and increased from Dec. 2024 ($-2,061.00 Mil) to Mar. 2025 ($-2,014.00 Mil).

Citizens Financial Group's annual Allowance For Loans And Lease Losses declined from Dec. 2022 ($-1,960.00 Mil) to Dec. 2023 ($-2,098.00 Mil) but then increased from Dec. 2023 ($-2,098.00 Mil) to Dec. 2024 ($-2,061.00 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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,391.00 -1,712.00 -1,960.00 -2,098.00 -2,061.00

Citizens Financial Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2,086.00 -2,125.00 -2,079.00 -2,061.00 -2,014.00

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 Business Description

Traded in Other Exchanges
Address
One Citizens Plaza, Providence, RI, USA, 02903
Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through the bank, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The company's reportable segments are; Commercial Banking, Consumer Banking, Non-Core, and Others. A majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management and investment services.