Customers Bancorp (CUBI) Tax Rate (2016 - 2024)
Historic Tax Rate for Customers Bancorp (CUBI) over the last 11 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 19.12%, marking a year-over-year decrease of 52500.0%. This contributed to the annual value of 19.12% for FY2024, which is 52500.0% down from last year.
- As of Q4 2024, Customers Bancorp's Tax Rate stood at 24.95%, which was down 10400.0% from 1.58% recorded in Q3 2024.
- In the past 5 years, Customers Bancorp's Tax Rate ranged from a high of 30.39% in Q2 2023 and a low of 1.58% during Q3 2024
- Its 5-year average for Tax Rate is 21.79%, with a median of 23.87% in 2021.
- Its Tax Rate has fluctuated over the past 5 years, first soared by 86300bps in 2022, then plummeted by -228700bps in 2024.
- Quarter analysis of 5 years shows Customers Bancorp's Tax Rate stood at 28.59% in 2020, then tumbled by -61bps to 11.27% in 2021, then soared by 77bps to 19.91% in 2022, then soared by 31bps to 25.98% in 2023, then decreased by -4bps to 24.95% in 2024.
- Its last three reported values are 24.95% in Q4 2024, 1.58% for Q3 2024, and 24.68% during Q2 2024.