Flagstar Bank, National Association (FLG) Tax Rate (2016 - 2023)
Flagstar Bank, National Association's Tax Rate history spans 15 years, with the latest figure at 3.98% for Q4 2023.
- For Q4 2023, Tax Rate fell 255.0% year-over-year to 3.98%; the TTM value through Dec 2023 reached 58.0%, down 7931.0%, while the annual FY2025 figure was 10.61%, 826.0% down from the prior year.
- Tax Rate reached 3.98% in Q4 2023 per FLG's latest filing, down from 22.76% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.3% in Q2 2021 to a low of 53.33% in Q4 2019.
- Average Tax Rate over 5 years is 15.39%, with a median of 24.65% recorded in 2020.
- Peak YoY movement for Tax Rate: plummeted -5911bps in 2019, then surged 4719bps in 2020.
- A 5-year view of Tax Rate shows it stood at 53.33% in 2019, then skyrocketed by 88bps to 6.15% in 2020, then surged by 501bps to 24.62% in 2021, then tumbled by -74bps to 6.52% in 2022, then crashed by -39bps to 3.98% in 2023.
- Per Business Quant, the three most recent readings for FLG's Tax Rate are 3.98% (Q4 2023), 22.76% (Q3 2023), and 16.06% (Q2 2023).