Business Segments · Provision (benefit) for income taxes

Markets — Provision (benefit) for income taxes

Citigroup Markets — Provision (benefit) for income taxes increased by 237.7% to $797.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.0%, from $546.00M to $797.00M. Over 3 years (FY 2021 to FY 2025), Markets — Provision (benefit) for income taxes shows relatively stable performance with a 1.1% CAGR.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026May 7, 2026
Rolls up toIncome Tax

How to read this metric

Changes often track pre-tax income fluctuations, though shifts in effective tax rates can signal changes in geographic earnings mix or tax policy.

Detailed definition

The estimated tax expense or benefit allocated to the Markets segment based on its pre-tax earnings. This reflects the f...

Peer comparison

Standard accounting line item for segment-level reporting in large multinational corporations.

Metric ID: c_segment_markets_provision_benefit_for_income_taxes

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$423.75M$423.75M$423.75M$380.75M$380.75M$380.75M$380.75M$676.00M$312.00M$211.00M$353.00M$323.00M$248.00M$242.00M$546.00M$513.00M$457.00M$236.00M$797.00M
QoQ Change+0.0%+0.0%-10.1%+0.0%+0.0%+0.0%+77.5%-53.8%-32.4%+67.3%-8.5%-23.2%-2.4%+125.6%-6.0%-10.9%-48.4%+237.7%
YoY Change-10.1%-10.1%-10.1%+77.5%-18.1%-44.6%-47.8%+3.5%+17.5%+54.7%+58.8%+84.3%-2.5%+46.0%
Range$211.00M$797.00M
CAGR+15.1%
Avg YoY Growth+14.2%
Median YoY Growth+0.5%

Frequently Asked Questions

What is Citigroup's markets — provision (benefit) for income taxes?
Citigroup (C) reported markets — provision (benefit) for income taxes of $797.00M in Q1 2026.
How has Citigroup's markets — provision (benefit) for income taxes changed year-over-year?
Citigroup's markets — provision (benefit) for income taxes increased by 46.0% year-over-year, from $546.00M to $797.00M.
What is the long-term trend for Citigroup's markets — provision (benefit) for income taxes?
Over 3 years (2021 to 2025), Citigroup's markets — provision (benefit) for income taxes has grown at a 1.1% compound annual growth rate (CAGR), from $1.70B to $1.75B.
What does markets — provision (benefit) for income taxes mean?
The tax expense or benefit attributed to the Markets segment's earnings.