Bank Of America BAC
NYSE BAC
$50.55 -0.53 (-1.04%)
As of: Oct 23, 2026 · 3:59 PM EDT

Bank Of America Corp /De/ (BAC) Tax Rate (2009 - 2026)

Updated

Bank Of America (BAC) recorded Tax Rate of 21.54% in Q2 2026, up 4.26 percentage points from 17.28% a year earlier and up 4.05 percentage points from the prior quarter.

Analysis

Bank Of America Corp /De/ (BAC) Tax Rate (2009 - 2026) Analysis & Trends

On a TTM basis, Bank Of America's Tax Rate came in at 23.27% as of Jun 30, 2026, up 0.71 percentage points year-over-year; for FY2025, it came in at 19.06%, up 0.25 percentage points from FY2024.

  • Annual Tax Rate has a five-year change of +13.27 percentage points (FY2020 to FY2025).
  • Across earlier years, Tax Rate came in at 18.81% in FY2024 (-0.32 pp), 19.14% in FY2023 (+8.03 pp), 11.11% in FY2022 (+5.23 pp) and 5.88% in FY2021 (+0.08 pp).
  • Quarterly Tax Rate has ranged from 3.62% in Q3 2023 to 59.87% in Q4 2023 over the past five years.
  • On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +1.07 percentage points.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 50.19 percentage points in Q4 2023, against a drop of 18.61 percentage points in Q4 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 17.49% (Q1 2026), 39.46% (Q4 2025) and 10.44% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.54%
Mar 31, 2026 17.49%
Dec 31, 2025 39.46%
Sep 30, 2025 10.44%
Jun 30, 2025 17.28%
Mar 31, 2025 18.19%
Dec 31, 2024 41.27%
Sep 30, 2024 5.84%
Jun 30, 2024 8.77%
Mar 31, 2024 8.10%
Dec 31, 2023 59.87%
Sep 30, 2023 3.62%
Jun 30, 2023 7.79%
Mar 31, 2023 10.21%
Dec 31, 2022 9.69%
Sep 30, 2022 14.68%
Jun 30, 2022 9.36%
Mar 31, 2022 10.31%
Dec 31, 2021 10.30%
Sep 30, 2021 14.07%
API Access

Bank Of America Corp /De/ Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=BAC&period=max&api_key=YOUR_API_KEY