Customers Bancorp (CUBI) Tax Rate (2016 - 2024)
Historic Tax Rate for Customers Bancorp (CUBI) over the last 14 years, with Q4 2024 value amounting to 24.95%.
- Customers Bancorp's Tax Rate fell 10400.0% to 24.95% in Q4 2024 from the same period last year, while for Dec 2024 it was 11.82%, marking a year-over-year decrease of 152400.0%. This contributed to the annual value of 19.12% for FY2024, which is 52500.0% down from last year.
- Customers Bancorp's Tax Rate amounted to 24.95% in Q4 2024, which was down 10400.0% from 1.58% recorded in Q3 2024.
- In the past 5 years, Customers Bancorp's Tax Rate registered a high of 30.39% during Q2 2023, and its lowest value of 1.58% during Q3 2024.
- Its 5-year average for Tax Rate is 21.79%, with a median of 23.87% in 2021.
- Per our database at Business Quant, Customers Bancorp's Tax Rate surged by 86300bps in 2022 and then crashed by -228700bps in 2024.
- Over the past 5 years, Customers Bancorp's Tax Rate (Quarter) stood at 28.59% in 2020, then plummeted by -61bps to 11.27% in 2021, then surged by 77bps to 19.91% in 2022, then surged by 31bps to 25.98% in 2023, then dropped by -4bps to 24.95% in 2024.
- Its Tax Rate stands at 24.95% for Q4 2024, versus 1.58% for Q3 2024 and 24.68% for Q2 2024.