MainStreet Bancshares (MNSB) Tax Rate: 2018-2024

Historic Tax Rate for MainStreet Bancshares (MNSB) over the last 7 years, with Dec 2024 value amounting to 28.22%.

  • MainStreet Bancshares' Tax Rate was N/A to 16.55% in Q3 2025 from the same period last year, while for Sep 2025 it was 32.14%, marking a year-over-year increase of 1558.00%. This contributed to the annual value of 28.22% for FY2024, which is 863.00% up from last year.
  • Latest data reveals that MainStreet Bancshares reported Tax Rate of 28.22% as of FY2024, which was up 44.07% from 19.59% recorded in FY2023.
  • MainStreet Bancshares' Tax Rate's 5-year high stood at 28.60% during FY2020, with a 5-year trough of 19.59% in FY2023.
  • Over the past 3 years, MainStreet Bancshares' median Tax Rate value was 22.79% (recorded in 2022), while the average stood at 23.53%.
  • In the last 5 years, MainStreet Bancshares' Tax Rate slumped by 791bps in 2021 and then spiked by 863bps in 2024.
  • MainStreet Bancshares' Tax Rate (Yearly) stood at 28.60% in 2020, then crashed by 791bps to 20.69% in 2021, then soared by 209bps to 22.79% in 2022, then tumbled by 320bps to 19.59% in 2023, then surged by 863bps to 28.22% in 2024.