Citigroup Wealth — Provision (benefit) for income taxes increased by 9.3% to $117.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 134.0%, from $50.00M to $117.00M. Over 4 years (FY 2021 to FY 2025), Wealth — Provision (benefit) for income taxes shows relatively stable performance with a -1.0% CAGR.
Changes are typically driven by fluctuations in pre-tax profitability or changes in the effective tax rate applied to the segment.
The estimated tax expense or benefit allocated to the wealth management segment based on its pre-tax earnings. This refl...
Standard tax allocation metric in segment-based financial reporting.
c_segment_wealth_provision_benefit_for_income_taxes| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $104.75M | $104.75M | $104.75M | $35.25M | $35.25M | $35.25M | $35.25M | $39.00M | $26.00M | $32.00M | $16.00M | $46.00M | $71.00M | $85.00M | $79.00M | $50.00M | $140.00M | $106.00M | $107.00M | $117.00M |
| QoQ Change | — | +0.0% | +0.0% | -66.3% | +0.0% | +0.0% | +0.0% | +10.6% | -33.3% | +23.1% | -50.0% | +187.5% | +54.3% | +19.7% | -7.1% | -36.7% | +180.0% | -24.3% | +0.9% | +9.3% |
| YoY Change | — | — | — | — | -66.3% | -66.3% | -66.3% | +10.6% | -26.2% | -9.2% | -54.6% | +17.9% | +173.1% | +165.6% | +393.8% | +8.7% | +97.2% | +24.7% | +35.4% | +134.0% |