Discontinued — last reported Q3 '25

Business Segments · Income Tax

Non-Core — Income Tax

Citizens Financial Group Non-Core — Income Tax remained flat by 0.0% to -$5.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 70.6%, from -$17.00M to -$5.00M. Over 2 years (FY 2021 to FY 2024), Non-Core — Income Tax shows a downward trend with a -20.9% CAGR.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2025
Rolls up toIncome Tax

How to read this metric

A decrease in tax expense often correlates with lower taxable income or losses within the non-core segment, whereas an increase may reflect tax adjustments or higher taxable gains.

Detailed definition

This metric represents the portion of the income tax provision allocated specifically to the non-core business segment....

Peer comparison

Comparable to tax provisions allocated to 'Corporate' or 'Discontinued Operations' segments at peer banks.

Metric ID: cfg_segment_non_core_income_tax_expense

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$28.00M$28.00M$28.00M$4.00M-$18.00M-$19.00M-$24.00M-$25.00M-$21.00M-$17.00M-$17.00M-$15.00M-$17.00M-$5.00M-$5.00M
QoQ Change+0.0%+0.0%-85.7%-550.0%-5.6%-26.3%-4.2%+16.0%+19.0%+0.0%+11.8%-13.3%+70.6%+0.0%
YoY Change-85.7%-700.0%-16.7%+10.5%+29.2%+40.0%+19.0%+70.6%+70.6%
Range-$25.00M$28.00M
CAGR-38.9%
Avg YoY Growth-62.5%
Median YoY Growth+19.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Citizens Financial Group's non-core — income tax?
Citizens Financial Group (CFG) reported non-core — income tax of -$5.00M in Q3 2025.
How has Citizens Financial Group's non-core — income tax changed year-over-year?
Citizens Financial Group's non-core — income tax increased by 70.6% year-over-year, from -$17.00M to -$5.00M.
What is the long-term trend for Citizens Financial Group's non-core — income tax?
Over 2 years (2021 to 2024), Citizens Financial Group's non-core — income tax has grown at a -20.9% compound annual growth rate (CAGR), from $112.00M to -$70.00M.
What does non-core — income tax mean?
The amount of income tax expense attributed to the bank's non-core or legacy business segment.