Discontinued — last reported Q1 '26

Business Segments · Income Tax Expense Benefit

Consumer Banking — Income Tax Expense Benefit

Citizens Financial Group Consumer Banking — Income Tax Expense Benefit decreased by 5.8% to $131.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.9%, from $114.00M to $131.00M. Over 4 years (FY 2021 to FY 2025), Consumer Banking — Income Tax Expense Benefit shows an upward trend with a 5.6% CAGR.

Analysis

StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

Changes are typically driven by fluctuations in pre-tax income rather than changes in tax strategy, unless tax legislation changes.

Detailed definition

The portion of the consumer banking segment's earnings allocated to income tax obligations based on the applicable statu...

Peer comparison

Generally consistent with the effective tax rate of the parent organization.

Metric ID: cfg_segment_consumer_banking_income_tax_expense_benefit

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$98.00M$114.00M$95.00M$72.00M$90.00M$111.00M$108.00M$99.00M$100.00M$97.00M$77.00M$95.00M$102.00M$114.00M$123.00M$114.00M$127.00M$130.00M$139.00M$131.00M
QoQ Change+16.3%-16.7%-24.2%+25.0%+23.3%-2.7%-8.3%+1.0%-3.0%-20.6%+23.4%+7.4%+11.8%+7.9%-7.3%+11.4%+2.4%+6.9%-5.8%
YoY Change-8.2%-2.6%+13.7%+37.5%+11.1%-12.6%-28.7%-4.0%+2.0%+17.5%+59.7%+20.0%+24.5%+14.0%+13.0%+14.9%
Range$72.00M$139.00M
CAGR+6.3%
Avg YoY Growth+10.7%
Median YoY Growth+13.3%

Frequently Asked Questions

What is Citizens Financial Group's consumer banking — income tax expense benefit?
Citizens Financial Group (CFG) reported consumer banking — income tax expense benefit of $131.00M in Q1 2026.
How has Citizens Financial Group's consumer banking — income tax expense benefit changed year-over-year?
Citizens Financial Group's consumer banking — income tax expense benefit increased by 14.9% year-over-year, from $114.00M to $131.00M.
What is the long-term trend for Citizens Financial Group's consumer banking — income tax expense benefit?
Over 4 years (2021 to 2025), Citizens Financial Group's consumer banking — income tax expense benefit has grown at a 5.6% compound annual growth rate (CAGR), from $410.00M to $510.00M.
What does consumer banking — income tax expense benefit mean?
The total tax cost attributed to the consumer banking segment's earnings.