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

Bank Of America has disclosed Tax Rate across 18 years of filings, most recently posting 21.54% for Q2 2026.

• In Q2 2026, Tax Rate rose 426.0% year-over-year to 21.54%; the TTM figure through Jun 2026 stood at 23.27% (up 71.0% YoY), while the FY2025 annual figure was 19.06%, up 25.0% from the prior year.
• Tax Rate came in at 21.54% for Q2 2026 at Bank Of America, up from 17.49% 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.
• Average Tax Rate over 5 years is 17.44%, with a median of 10.37% recorded in 2022.
• Year-over-year, Tax Rate soared 5019 bps in 2023 and sank 1861 bps in 2024.
• Over 5 years, Tax Rate stood at 9.69% in 2022, then jumped by 518 bps to 59.87% in 2023, then tumbled by 31 bps to 41.27% in 2024, then retreated by 4 bps to 39.46% in 2025, then sank by 45 bps to 21.54% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 21.54% in Q2 2026, 17.49% in Q1 2026, and 39.46% in Q4 2025.