Business Segments · Provision (benefit) for income taxes

Wealth — Provision (benefit) for income taxes

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.

Analysis

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

How to read this metric

Changes are typically driven by fluctuations in pre-tax profitability or changes in the effective tax rate applied to the segment.

Detailed definition

The estimated tax expense or benefit allocated to the wealth management segment based on its pre-tax earnings. This refl...

Peer comparison

Standard tax allocation metric in segment-based financial reporting.

Metric ID: c_segment_wealth_provision_benefit_for_income_taxes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$16.00M$140.00M
CAGR+2.4%
Avg YoY Growth+48.2%
Median YoY Growth+14.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Citigroup's wealth — provision (benefit) for income taxes?
Citigroup (C) reported wealth — provision (benefit) for income taxes of $117.00M in Q1 2026.
How has Citigroup's wealth — provision (benefit) for income taxes changed year-over-year?
Citigroup's wealth — provision (benefit) for income taxes increased by 134.0% year-over-year, from $50.00M to $117.00M.
What is the long-term trend for Citigroup's wealth — provision (benefit) for income taxes?
Over 4 years (2021 to 2025), Citigroup's wealth — provision (benefit) for income taxes has grown at a -1.0% compound annual growth rate (CAGR), from $419.00M to $403.00M.
What does wealth — provision (benefit) for income taxes mean?
The portion of income tax expense attributed to the wealth management segment's performance.