National Bankshares (NKSH) Tax Rate (2010 - 2026)

National Bankshares (NKSH) reported Tax Rate of 17.63% for Q1 2026, up 56.0% year-over-year from 11.3% in Q1 2025, and down 5.63% quarter-over-quarter from 18.68% in Q4 2025.

National Bankshares (NKSH) Tax Rate (2010 - 2026) Analysis & Trends

National Bankshares (NKSH) has 17 years of Tax Rate data on file, last reported at 17.63% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 17.63%, up 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.55% (up 162.0% YoY), and the FY2025 annual result was 17.43%, up 99.0% from the prior year.
  • Tax Rate retreated to 17.63% in Q1 2026 per NKSH's latest filing, from 18.68% in the prior quarter.
  • Over five years, Tax Rate peaked at 36.7% in Q2 2024 and troughed at 2.55% in Q4 2023.
  • A 5-year average of 17.41% and a median of 17.62% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 2454 bps in 2024, then sank 2305 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 19.07% in 2022, then plunged by 87 bps to 2.55% in 2023, then jumped by 547 bps to 16.49% in 2024, then increased by 13 bps to 18.68% in 2025, then fell by 6 bps to 17.63% in 2026.
  • Business Quant data shows NKSH's Tax Rate at 17.63% in Q1 2026, 18.68% in Q4 2025, and 17.86% in Q3 2025.

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 National Bankshares 232.17 Mn 170.01 Mn - 17.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.63%
Mar 31, 2026 17.63%
Dec 31, 2025 18.68%
Dec 31, 2025 18.68%
Sep 30, 2025 17.86%
Sep 30, 2025 17.86%
Jun 30, 2025 13.66%
Jun 30, 2025 13.66%
Mar 31, 2025 17.07%
Mar 31, 2025 17.07%
Dec 31, 2024 16.49%
Dec 31, 2024 16.49%
Sep 30, 2024 17.04%
Sep 30, 2024 17.04%
Jun 30, 2024 36.70%
Jun 30, 2024 36.70%
Mar 31, 2024 19.24%
Mar 31, 2024 19.24%
Dec 31, 2023 2.55%
Dec 31, 2023 2.55%