Magnolia Bancorp (MGNO) Tax Rate (2023)
Magnolia Bancorp (MGNO) posted Tax Rate of -14.29% for Q4 2025, down 34.29 percentage points from 20.00% a year earlier and down 34.29 percentage points from the prior quarter.
Powered by 
Analysis
Magnolia Bancorp (MGNO) Tax Rate (2023) Analysis & Trends
For FY2025, Magnolia Bancorp's Tax Rate came in at 10.99%, down 10.27 percentage points from FY2024.
- In prior years, Magnolia Bancorp's Tax Rate was 21.26% in FY2024 (-0.04 pp) and 21.30% in FY2023.
- The Q4 2025 figure stands as the lowest quarterly Tax Rate in data going back to Q3 2023.
- On a year-over-year basis, Tax Rate has declined in each of the last four quarters, with an average year-over-year change of -6.53 percentage points over the last six quarters.
- According to Business Quant data, Tax Rate for the three prior quarters was 20.00% (Q3 2025), 18.18% (Q2 2025) and 21.05% (Q1 2025).
Peer Set
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 | Magnolia Bancorp | 12.11 Mn | 12.11 Mn | - | - |
API Access
Magnolia 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=MGNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MGNO", "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=MGNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();