Bank Of America (BAC) Tax Rate (2009 - 2026)

Bank Of America (BAC) has 18 years of Tax Rate data on file, last reported at 17.49% in Q1 2026.

• Quarterly Tax Rate fell 70.0% year-over-year to 17.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.72% (down 16.0% YoY) and the FY2025 annual result came in at 19.06%, up 25.0% from the prior year.
• Tax Rate declined to 17.49% in Q1 2026 per BAC's latest filing, from 39.46% in the prior quarter.
• The five-year high for Tax Rate was 59.87% in Q4 2023, with the low 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 5019 bps in 2023 and plunged 1861 bps in 2024.
• Bank Of America's Tax Rate stood at 9.69% in 2022, then jumped by 518 bps to 59.87% in 2023, then slumped by 31 bps to 41.27% in 2024, then dropped by 4 bps to 39.46% in 2025, then tumbled by 56 bps to 17.49% in 2026.
• Business Quant data shows BAC's Tax Rate at 17.49% in Q1 2026, 39.46% in Q4 2025, and 10.44% in Q3 2025.