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

Bank Of America has disclosed Tax Rate across 18 years of filings, most recently posting 17.49% for Q1 2026.

• Tax Rate for Q1 2026 came in at 17.49%, down 70.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.72% (down 16.0% YoY), and the FY2025 annual result was 19.06%, up 25.0% from the prior year.
• Tax Rate came in at 17.49% for Q1 2026 at Bank Of America, down from 39.46% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 59.87% in Q4 2023 to a low of 3.62% in Q3 2023.
• The 5-year median for Tax Rate is 10.21% (2023), against an average of 16.62%.
• Across the five-year window, Tax Rate surged 5019 bps in 2023 and slumped 1861 bps in 2024, its largest moves.
• Bank Of America's Tax Rate stood at 9.69% in 2022, then jumped by 518 bps to 59.87% in 2023, then sank by 31 bps to 41.27% in 2024, then retreated by 4 bps to 39.46% in 2025, then slumped by 56 bps to 17.49% in 2026.
• The last three Tax Rate figures came in at 17.49% (Q1 2026), 39.46% (Q4 2025), and 10.44% (Q3 2025), per Business Quant data.