XML 107 R85.htm IDEA: XBRL DOCUMENT
v3.22.4

ALLOWANCE FOR CREDIT LOSSES, NONACCRUAL LOANS AND LEASES, AND CONCENTRATIONS OF CREDIT RISK - Summary of Changes in Allowance for Credit Losses (Details) - USD ($) $ in Millions |  | 12 Months Ended
--- | --- | ---
Apr. 06, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  | $ 1,758 | $ 2,443 | $ 1,252
Allowance on PCD loans and leases at acquisition |  | 101 |  |
Charge-offs |  | (434) | (539) | (843)
Recoveries |  | 164 | 214 | 150
Net charge-offs |  | (270) | (325) | (693)
Provision expense (benefit) for loans and leases |  | 394 | (360) | 1,431
Allowance for loan and lease losses, end of period |  | 1,983 | 1,758 | 2,443
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  | 176 | 227 | 44
Provision expense (benefit) for unfunded lending commitments |  | 80 | (51) | 185
Allowance on PCD unfunded lending commitments at acquisition |  | 1 |  |
Allowance for unfunded lending commitments, end of period |  | 257 | 176 | 227
Total allowance for credit losses, end of period |  | 2,240 | 1,934 | 2,670
Investors Acquisition |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance on PCD loans and leases at acquisition | $ 101 |  |  |
Online Deposit Business And 80 East Coast Branches Of HSBC Bank And Investors |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Provision expense (benefit) for loans and leases |  | 169 |  |
Commercial |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  | 821 | 1,233 | 674
Allowance on PCD loans and leases at acquisition |  | 99 |  |
Charge-offs |  | (70) | (218) | (437)
Recoveries |  | 18 | 54 | 12
Net charge-offs |  | (52) | (164) | (425)
Provision expense (benefit) for loans and leases |  | 192 | (248) | 1,160
Allowance for loan and lease losses, end of period |  | 1,060 | 821 | 1,233
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  | 153 | 186 | 44
Provision expense (benefit) for unfunded lending commitments |  | 53 | (33) | 145
Allowance on PCD unfunded lending commitments at acquisition |  | 1 |  |
Allowance for unfunded lending commitments, end of period |  | 207 | 153 | 186
Total allowance for credit losses, end of period |  | 1,267 | 974 | 1,419
Commercial | Investors Acquisition |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Charge-offs |  | (34) |  |
Retail |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  | 937 | 1,210 | 578
Allowance on PCD loans and leases at acquisition |  | 2 |  |
Charge-offs |  | (364) | (321) | (406)
Recoveries |  | 146 | 160 | 138
Net charge-offs |  | (218) | (161) | (268)
Provision expense (benefit) for loans and leases |  | 202 | (112) | 271
Allowance for loan and lease losses, end of period |  | 923 | 937 | 1,210
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  | 23 | 41 | 0
Provision expense (benefit) for unfunded lending commitments |  | 27 | (18) | 40
Allowance on PCD unfunded lending commitments at acquisition |  | 0 |  |
Allowance for unfunded lending commitments, end of period |  | 50 | 23 | 41
Total allowance for credit losses, end of period |  | $ 973 | 960 | 1,251
Cumulative Effect, Period of Adoption, Adjustment | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | 453 |
Allowance for loan and lease losses, end of period |  |  |  | 453
Cumulative Effect, Period of Adoption, Adjustment | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | (2)
Cumulative Effect, Period of Adoption, Adjustment | Commercial | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | (176) |
Allowance for loan and lease losses, end of period |  |  |  | (176)
Cumulative Effect, Period of Adoption, Adjustment | Commercial | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | (3)
Cumulative Effect, Period of Adoption, Adjustment | Retail | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | 629 |
Allowance for loan and lease losses, end of period |  |  |  | 629
Cumulative Effect, Period of Adoption, Adjustment | Retail | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | 1
Cumulative Effect, Period Of Adoption, Adjusted Balance | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | 1,705 |
Allowance for loan and lease losses, end of period |  |  |  | 1,705
Cumulative Effect, Period Of Adoption, Adjusted Balance | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | 42
Cumulative Effect, Period Of Adoption, Adjusted Balance | Commercial | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | 498 |
Allowance for loan and lease losses, end of period |  |  |  | 498
Cumulative Effect, Period Of Adoption, Adjusted Balance | Commercial | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | 41
Cumulative Effect, Period Of Adoption, Adjusted Balance | Retail | Allowance for loan and lease losses |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Allowance for loan and lease losses, beginning of period |  |  | $ 1,207 |
Allowance for loan and lease losses, end of period |  |  |  | 1,207
Cumulative Effect, Period Of Adoption, Adjusted Balance | Retail | Reserve for unfunded lending commitments |  |  |  |
Unfunded lending commitments [Roll Forward] |  |  |  |
Allowance for unfunded lending commitments, beginning of period |  |  |  | $ 1

X
- Definition Financing Receivable, Allowance For Credit Loss, Excluding Accrued Interest And Off-Balance-Sheet, Credit Loss, Liability + References No definition available. + Details
Name: | cfg_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAndOffBalanceSheetCreditLossLiability
Namespace Prefix: | cfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Off-Balance-Sheet, Credit Loss, Liability, Purchased With Credit Deterioration At Acquisition Date + References No definition available. + Details
Name: | cfg_OffBalanceSheetCreditLossLiabilityPurchasedWithCreditDeteriorationAtAcquisitionDate
Namespace Prefix: | cfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on financing receivable from recovery. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease in allowance for credit loss on financing receivable from writeoff. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease (increase) in allowance for credit loss on financing receivable from writeoff (recovery). Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of allowance for credit loss at acquisition date of financing receivable purchased with credit deterioration. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 19 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919265-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of expected credit loss for credit exposure on off-balance-sheet commitment, including but not limited to, loan commitment, standby letter of credit, financial guarantee not accounted for as insurance. Excludes off-balance sheet credit exposure accounted for as insurance and instrument accounted for under derivatives and hedging. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121611286&loc=d3e11927-110247 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82919202-210446 + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense (reversal of expense) for expected credit loss for off-balance sheet credit exposure. Excludes off-balance sheet credit exposure accounted for as insurance and instrument accounted for under derivatives and hedging. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiabilityRollforward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=cfg_InvestorsAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=cfg_OnlineDepositBusinessAnd80EastCoastBranchesOfHSBCBankAndInvestorsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationAllowancesAndReservesTypeAxis=us-gaap_AllowanceForLoanAndLeaseLossesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationAllowancesAndReservesTypeAxis=us-gaap_ReserveForOffBalanceSheetActivitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |