Lake Shore Bancorp (LSBK) Tax Rate (2024 - 2026)
Lake Shore Bancorp (LSBK) reported Tax Rate of 18.00% for Q2 2026, up 1.54 percentage points from 16.46% a year earlier but down 0.27 percentage points from the prior quarter.
Lake Shore Bancorp (LSBK) Tax Rate (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lake Shore Bancorp's Tax Rate came in at 17.71%, up 1.47 percentage points year-over-year; for FY2025, it came in at 16.94%, up 1.01 percentage points from FY2024.
- By year, Tax Rate came in at 15.94% in FY2024.
- Five-year quarterly Tax Rate spans a low of 15.91% in Q4 2024 and a high of 18.27% in Q1 2026.
- Year over year, Tax Rate has now increased in each of the last five quarters, with an average year-over-year change of +1.25 percentage points over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.27% (Q1 2026), 17.53% (Q4 2025) and 17.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Lake Shore Bancorp | 146.66 Mn | -135.10 Mn | - | 18.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.00% |
| Mar 31, 2026 | 18.27% |
| Dec 31, 2025 | 17.53% |
| Sep 30, 2025 | 17.11% |
| Jun 30, 2025 | 16.46% |
| Mar 31, 2025 | 16.31% |
| Dec 31, 2024 | 15.91% |
| Sep 30, 2024 | 16.23% |
| Jun 30, 2024 | 16.22% |
Lake Shore Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LSBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LSBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LSBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();