Lake Shore Bancorp (LSBK) Tax Rate (2024 - 2026)

Lake Shore Bancorp (LSBK) reported Tax Rate of 18.27% for Q1 2026, up 196.0% on a YoY basis from 6.17% in Q1 2025, and up 4.27% quarter-over-quarter from 17.53% in Q4 2025.

Lake Shore Bancorp (LSBK) Tax Rate (2024 - 2026) Analysis & Trends

Lake Shore Bancorp has reported Tax Rate for 3 years, with the latest figure at 18.27% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 196.0% year-over-year to 18.27%; the trailing twelve-month figure through Mar 2026 stood at 17.34% (up 119.0% YoY), and the FY2025 full-year result was 16.94%, up 101.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 18.27%, up from 17.53% in the prior quarter.
  • The five-year high for Tax Rate was 18.27% in Q1 2026, with the low at 15.91% in Q4 2024.
  • Historically, Tax Rate has averaged 16.75% across 3 years, with a median of 16.38% in 2025.
  • Annual changes were most pronounced in 2025 — Tax Rate gained 24 bps — and 2026, when it surged 196 bps.
  • Lake Shore Bancorp's Tax Rate stood at 15.91% in 2024, then increased by 10 bps to 17.53% in 2025, then gained by 4 bps to 18.27% in 2026.
  • The last three Tax Rate figures came in at 18.27% (Q1 2026), 17.53% (Q4 2025), and 17.11% (Q3 2025), per Business Quant data.

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 Lake Shore Bancorp 119.42 Mn 57.81 Mn - 18.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.27%
Mar 31, 2026 18.27%
Dec 31, 2025 17.53%
Dec 31, 2025 17.53%
Sep 30, 2025 17.11%
Sep 30, 2025 17.11%
Jun 30, 2025 16.46%
Jun 30, 2025 16.46%
Mar 31, 2025 16.31%
Mar 31, 2025 16.31%
Dec 31, 2024 15.91%
Dec 31, 2024 15.91%
Sep 30, 2024 16.23%
Sep 30, 2024 16.23%
Jun 30, 2024 16.22%
Jun 30, 2024 16.22%