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| Date | Value |
|---|---|
| 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% |