KPIs & Operating Metrics(New)

Flagstar Bank, National Association (FLG) Tax Rate (2016 - 2023)

Historic Tax Rate for Flagstar Bank, National Association (FLG) over the last 15 years, with Q4 2023 value amounting to 3.98%.

  • Flagstar Bank, National Association's Tax Rate fell 25500.0% to 3.98% in Q4 2023 from the same period last year, while for Dec 2023 it was 58.0%, marking a year-over-year decrease of 793100.0%. This contributed to the annual value of 18.87% for FY2024, which is 768700.0% up from last year.
  • As of Q4 2023, Flagstar Bank, National Association's Tax Rate stood at 3.98%, which was down 25500.0% from 22.76% recorded in Q3 2023.
  • Over the past 5 years, Flagstar Bank, National Association's Tax Rate peaked at 28.3% during Q2 2021, and registered a low of 129.05% during Q4 2020.
  • Moreover, its 5-year median value for Tax Rate was 24.65% (2020), whereas its average is 13.08%.
  • In the last 5 years, Flagstar Bank, National Association's Tax Rate tumbled by -1523300bps in 2020 and then soared by 1536700bps in 2021.
  • Quarter analysis of 5 years shows Flagstar Bank, National Association's Tax Rate stood at 23.28% in 2019, then crashed by -654bps to 129.05% in 2020, then skyrocketed by 119bps to 24.62% in 2021, then crashed by -74bps to 6.52% in 2022, then tumbled by -39bps to 3.98% in 2023.
  • Its Tax Rate was 3.98% in Q4 2023, compared to 22.76% in Q3 2023 and 16.06% in Q2 2023.