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Citigroup C USCC — Provision (benefit) for income taxes

Other segment segments

Services
$832M+15.6%
Markets
$797M+46.0%
Wealth
$117M+134%
Banking
$91M+51.7%

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$93M+45.3%
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$10.92M+9.2%
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$256M+20.8%

Other financials

Income statement

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Revenue$24.6B+14.1%
Net income$5.8B+42.3%
EPS (diluted)$3.06+56.1%

Balance sheet

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Cash & equivalents$385.72B+25.1%
Total debt$396.86B+12.5%
Total equity$210.96B-0.7%
Total assets$2.78T+8.0%

Cash flow

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Operating cash flow-$21.9B+62.7%
CapEx$1.4B-6.7%
Free cash flow-$23.3B+61.3%

Valuation

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Market cap$226.26B+41.1%
Enterprise value$237.4B+13.9%
P/E14.1×+2.8×
P/S2.6×+0.6×

Profitability

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Gross margin76.6%
Net margin18.2%+1.7pp
FCF margin-71.1%

Returns & leverage

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Return on equity7.6%+1.2pp
Debt / equity1.9×+0.2×

Where this comes from

Reported directly by Citigroup in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Citigroup’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citigroup's USCC — provision (benefit) for income taxes?
Citigroup (C) reported USCC — provision (benefit) for income taxes of $222M in Q1 2026.
How has Citigroup's USCC — provision (benefit) for income taxes changed year-over-year?
Citigroup's USCC — provision (benefit) for income taxes decreased by 12.9% year-over-year, from $255M to $222M.
What is the long-term trend for Citigroup's USCC — provision (benefit) for income taxes?
Over 4 years (2021 to 2025), Citigroup's USCC — provision (benefit) for income taxes has grown at a -15.2% compound annual growth rate (CAGR), from $1.89B to $979M.
What does USCC — provision (benefit) for income taxes mean?
This represents the estimated income tax expense or benefit allocated to the U.S. Personal Banking segment based on its pre-tax earnings. It reflects the tax impact of the segment's profitability within the broader corporate tax structure. This metric is necessary to determine the segment's net contribution to the company's bottom-line earnings.