First Business Financial Services (FBIZ) Tax Rate (2010 - 2026)
First Business Financial Services (FBIZ) reported Tax Rate of 15.16% for Q1 2026, down 184.0% year-over-year from 18.05% in Q1 2025, and down 15.26% quarter-over-quarter from 17.89% in Q4 2025.
First Business Financial Services (FBIZ) Tax Rate (2010 - 2026) Analysis & Trends
First Business Financial Services (FBIZ) has 17 years of Tax Rate data on file, last reported at 15.16% in Q1 2026.
- Tax Rate for Q1 2026 came in at 15.16%, down 184.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.34% (up 256.0% YoY), and the FY2025 annual result was 16.76%, up 326.0% from the prior year.
- Tax Rate fell to 15.16% in Q1 2026 per FBIZ's latest filing, from 17.89% in the prior quarter.
- Over five years, Tax Rate peaked at 24.31% in Q2 2022 and troughed at 5.78% in Q4 2024.
- A 5-year average of 18.25% and a median of 17.89% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1589 bps in 2024, then jumped 1211 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 19.11% in 2022, then increased by 13 bps to 21.67% in 2023, then plunged by 73 bps to 5.78% in 2024, then surged by 209 bps to 17.89% in 2025, then dropped by 15 bps to 15.16% in 2026.
- Business Quant data shows FBIZ's Tax Rate at 15.16% in Q1 2026, 17.89% in Q4 2025, and 17.22% in Q3 2025.
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 | First Business Financial Services | 496.49 Mn | 321.17 Mn | - | 15.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.16% |
| Mar 31, 2026 | 15.16% |
| Dec 31, 2025 | 17.89% |
| Dec 31, 2025 | 17.89% |
| Sep 30, 2025 | 17.22% |
| Sep 30, 2025 | 17.22% |
| Jun 30, 2025 | 14.57% |
| Jun 30, 2025 | 14.57% |
| Mar 31, 2025 | 17.00% |
| Mar 31, 2025 | 17.00% |
| Dec 31, 2024 | 5.78% |
| Dec 31, 2024 | 5.78% |
| Sep 30, 2024 | 18.26% |
| Sep 30, 2024 | 18.26% |
| Jun 30, 2024 | 15.49% |
| Jun 30, 2024 | 15.49% |
| Mar 31, 2024 | 16.53% |
| Mar 31, 2024 | 16.53% |
| Dec 31, 2023 | 21.67% |
| Dec 31, 2023 | 21.67% |