NSTS Bancorp (NSTS) Tax Rate (2020 - 2023)

NSTS Bancorp (NSTS) has 4 years of Tax Rate data on file, last reported at 4.0% in Q4 2023.

• Tax Rate for Q4 2023 came in at 4.0%, down 8853.0% year-over-year; the trailing twelve-month figure through Sep 2024 was 3.13% (up 33510.0% YoY), and the FY2023 annual result was 0.3%, down 8470.0% from the prior year.
• Tax Rate retreated to 4.0% in Q4 2023 per NSTS's latest filing, from 31.16% in the prior quarter.
• Over five years, Tax Rate peaked at 153.17% in Q2 2021 and troughed at 220.0% in Q3 2021.
• A 4-year average of 6.0% and a median of 8.58% in 2022 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2022: Tax Rate slumped 33136 bps in 2021, then jumped 23235 bps in 2022.
• A 4-year view of Tax Rate shows it stood at 76.4% in 2020, then tumbled by 93 bps to 147.83% in 2021, then jumped by 157 bps to 84.52% in 2022, then tumbled by 105 bps to 4.0% in 2023.
• Business Quant data shows NSTS's Tax Rate at 4.0% in Q4 2023, 31.16% in Q3 2023, and 38.46% in Q2 2023.