BankUnited (BKU) Tax Rate (2010 - 2026)

BankUnited (BKU) reported Tax Rate of 24.3% for Q1 2026, down 267.0% on a YoY basis from 14.55% in Q1 2025, and up 6.09% quarter-over-quarter from 22.91% in Q4 2025.

BankUnited (BKU) Tax Rate (2010 - 2026) Analysis & Trends

BankUnited has reported Tax Rate for 17 years, with the latest figure at 24.3% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 267.0% year-over-year to 24.3%; the trailing twelve-month figure through Mar 2026 stood at 25.22% (down 98.0% YoY), and the FY2025 full-year result was 25.82%, down 70.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 24.3%, up from 22.91% in the prior quarter.
  • The five-year high for Tax Rate was 28.61% in Q1 2024, with the low at 13.95% in Q4 2023.
  • Historically, Tax Rate has averaged 24.77% across 5 years, with a median of 25.47% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 11866 bps — and 2023, when it slumped 755 bps.
  • BankUnited's Tax Rate stood at 21.5% in 2022, then plunged by 35 bps to 13.95% in 2023, then soared by 83 bps to 25.47% in 2024, then slipped by 10 bps to 22.91% in 2025, then grew by 6 bps to 24.3% in 2026.
  • The last three Tax Rate figures came in at 24.3% (Q1 2026), 22.91% (Q4 2025), and 26.63% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 BankUnited 3.65 Bn 3.26 Bn - 24.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.30%
Mar 31, 2026 24.30%
Dec 31, 2025 22.91%
Dec 31, 2025 22.91%
Sep 30, 2025 26.63%
Sep 30, 2025 26.63%
Jun 30, 2025 26.77%
Jun 30, 2025 26.77%
Mar 31, 2025 26.97%
Mar 31, 2025 26.97%
Dec 31, 2024 25.47%
Dec 31, 2024 25.47%
Sep 30, 2024 26.13%
Sep 30, 2024 26.13%
Jun 30, 2024 26.36%
Jun 30, 2024 26.36%
Mar 31, 2024 28.61%
Mar 31, 2024 28.61%
Dec 31, 2023 13.95%
Dec 31, 2023 13.95%