Business Segments · Income Tax
Commercial Banking — Income Tax
Citizens Financial Group Commercial Banking — Income Tax increased by 4.0% to $78.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.3%, from $56.00M to $78.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
An increase relative to pre-tax income may indicate changes in tax legislation or effective tax rate adjustments, while a decrease may signal tax credits or lower taxable income.
Detailed definition
This represents the total amount of income tax expense allocated to the commercial banking business segment. It reflects...
Peer comparison
Standard across all banking institutions, though allocation methodologies vary by internal accounting policy.
Metric ID:
cfg_segment_commercial_banking_income_tax_expenseHistorical Data
13 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $74.00M | $96.00M | $100.00M | $101.00M | $100.00M | $88.00M | $84.00M | $76.00M | $63.00M | $56.00M | $64.00M | $75.00M | $78.00M |
| QoQ Change | — | +29.7% | +4.2% | +1.0% | -1.0% | -12.0% | -4.5% | -9.5% | -17.1% | -11.1% | +14.3% | +17.2% | +4.0% |
| YoY Change | — | — | — | +36.5% | +4.2% | -12.0% | -16.8% | -24.0% | -28.4% | -33.3% | -15.8% | +19.0% | +39.3% |
Range$56.00M – $101.00M
CAGR+1.8%
Avg YoY Growth-3.1%
Median YoY Growth-13.9%
Current Streak3 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Citizens Financial Group's commercial banking — income tax?
- Citizens Financial Group (CFG) reported commercial banking — income tax of $78.00M in Q1 2026.
- How has Citizens Financial Group's commercial banking — income tax changed year-over-year?
- Citizens Financial Group's commercial banking — income tax increased by 39.3% year-over-year, from $56.00M to $78.00M.
- What does commercial banking — income tax mean?
- The portion of total corporate income tax expense attributed to the commercial banking segment.