State and Local Income Tax Expense (Benefit), Continuing Operations
Bank of New York Mellon State and Local Income Tax Expense (Benefit), Continuing Operations remained flat by 0.0% to $23.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 18.3%, from $28.75M to $23.50M. Over 2 years (FY 2023 to FY 2025), State and Local Income Tax Expense (Benefit), Continuing Operations shows a downward trend with a -12.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Changes reflect regional tax policy shifts or changes in the geographic distribution of taxable income.
Detailed definition
The total state and local income tax expense or benefit associated with the company's continuing operations. It isolates...
Peer comparison
Standard tax reporting component for large corporations with significant regional operations.
is_ibm_state_and_local_income_tax_expense_continuingHistorical Data
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $122.00M | $115.00M | $94.00M |
| YoY Change | — | -5.7% | -18.3% |
State and Local Income Tax Expense (Benefit), Continuing Operations at Other Companies
Frequently Asked Questions
- What is Bank of New York Mellon's state and local income tax expense (benefit), continuing operations?
- Bank of New York Mellon (BK) reported state and local income tax expense (benefit), continuing operations of $23.50M in Q4 2025.
- How has Bank of New York Mellon's state and local income tax expense (benefit), continuing operations changed year-over-year?
- Bank of New York Mellon's state and local income tax expense (benefit), continuing operations decreased by 18.3% year-over-year, from $28.75M to $23.50M.
- What is the long-term trend for Bank of New York Mellon's state and local income tax expense (benefit), continuing operations?
- Over 2 years (2023 to 2025), Bank of New York Mellon's state and local income tax expense (benefit), continuing operations has grown at a -12.2% compound annual growth rate (CAGR), from $122.00M to $94.00M.
- What does state and local income tax expense (benefit), continuing operations mean?
- Total state and local tax cost related to the company's core, ongoing business.