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Bank Of America (BAC-PB) Tax Rate (2016 - 2026)

Bank Of America (BAC-PB) has disclosed Tax Rate for 18 consecutive years, with 17.49% as the latest value for Q1 2026.

  • For Q1 2026, Tax Rate fell 70.0% year-over-year to 17.49%; the TTM value through Mar 2026 reached 20.72%, down 16.0%, while the annual FY2025 figure was 19.06%, 25.0% up from the prior year.
  • Tax Rate hit 17.49% in Q1 2026 for Bank Of America, down from 39.46% in the prior quarter.
  • Across five years, Tax Rate topped out at 59.87% in Q4 2023 and bottomed at 3.62% in Q3 2023.
  • Average Tax Rate over 5 years is 16.62%, with a median of 10.21% recorded in 2023.
  • Year-over-year, Tax Rate soared 5019bps in 2023 and then plummeted -1861bps in 2024.
  • Bank Of America's Tax Rate stood at 9.69% in 2022, then surged by 518bps to 59.87% in 2023, then plummeted by -31bps to 41.27% in 2024, then decreased by -4bps to 39.46% in 2025, then crashed by -56bps to 17.49% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 17.49%, 39.46%, and 10.44% for Q1 2026, Q4 2025, and Q3 2025 respectively.