Customers Bancorp (CUBI) Tax Rate: 2014-2024
Historic Tax Rate for Customers Bancorp (CUBI) over the last 11 years, with Dec 2024 value amounting to 24.95%.
- Customers Bancorp's Tax Rate fell 104.00% to 24.95% in Q4 2024 from the same period last year, while for Dec 2024 it was 19.12%, marking a year-over-year decrease of 525.00%. This contributed to the annual value of 19.12% for FY2024, which is 525.00% down from last year.
- Per Customers Bancorp's latest filing, its Tax Rate stood at 24.95% for Q4 2024, which was up 1.08% from 24.68% recorded in Q2 2024.
- Over the past 5 years, Customers Bancorp's Tax Rate peaked at 30.39% during Q2 2023, and registered a low of 11.27% during Q4 2021.
- For the 3-year period, Customers Bancorp's Tax Rate averaged around 23.53%, with its median value being 23.94% (2024).
- In the last 5 years, Customers Bancorp's Tax Rate slumped by 1,732bps in 2021 and then surged by 863bps in 2022.
- Customers Bancorp's Tax Rate (Quarterly) stood at 28.59% in 2020, then tumbled by 1,732bps to 11.27% in 2021, then skyrocketed by 863bps to 19.91% in 2022, then skyrocketed by 608bps to 25.98% in 2023, then crashed by 104bps to 24.95% in 2024.
- Its Tax Rate was 24.95% in Q4 2024, compared to 24.68% in Q2 2024 and 23.94% in Q1 2024.