Business Segments · Provision (benefit) for income taxes
Banking — Provision (benefit) for income taxes
Citigroup Banking — Provision (benefit) for income taxes decreased by 53.6% to $91.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 51.7%, from $60.00M to $91.00M. Over 3 years (FY 2021 to FY 2025), Banking — Provision (benefit) for income taxes shows a downward trend with a -19.6% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026May 7, 2026
Rolls up toIncome Tax
How to read this metric
Fluctuations are generally driven by changes in pre-tax profitability or changes in effective tax rates across operating regions.
Detailed definition
This represents the estimated income tax expense or benefit allocated to the banking segment based on its pre-tax earnin...
Peer comparison
Standard accounting line item for segment-level financial reporting.
Metric ID:
c_segment_banking_provision_benefit_for_income_taxesHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $292.50M | $292.50M | $292.50M | $32.25M | $32.25M | $32.25M | $32.25M | -$19.00M | $16.00M | $47.00M | $159.00M | $119.00M | $68.00M | $73.00M | $60.00M | $150.00M | $201.00M | $196.00M | $91.00M |
| QoQ Change | — | +0.0% | +0.0% | -89.0% | +0.0% | +0.0% | +0.0% | -158.9% | +184.2% | +193.8% | +238.3% | -25.2% | -42.9% | +7.4% | -17.8% | +150.0% | +34.0% | -2.5% | -53.6% |
| YoY Change | — | — | — | — | -89.0% | -89.0% | -89.0% | -158.9% | -50.4% | +45.7% | +936.8% | +643.8% | +44.7% | — | -62.3% | +26.1% | +195.6% | +168.5% | +51.7% |
Range-$19.00M – $292.50M
CAGR-22.9%
Avg YoY Growth+112.5%
Median YoY Growth+35.4%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Citigroup's banking — provision (benefit) for income taxes?
- Citigroup (C) reported banking — provision (benefit) for income taxes of $91.00M in Q1 2026.
- How has Citigroup's banking — provision (benefit) for income taxes changed year-over-year?
- Citigroup's banking — provision (benefit) for income taxes increased by 51.7% year-over-year, from $60.00M to $91.00M.
- What is the long-term trend for Citigroup's banking — provision (benefit) for income taxes?
- Over 3 years (2021 to 2025), Citigroup's banking — provision (benefit) for income taxes has grown at a -19.6% compound annual growth rate (CAGR), from $1.17B to $607.00M.
- What does banking — provision (benefit) for income taxes mean?
- The tax expense or benefit attributed to the banking segment's earnings.