Skyline Bankshares (SLBK) Tax Rate (2016 - 2025)

Skyline Bankshares (SLBK) has 8 years of Tax Rate data on record, last reported at 25.51% in Q3 2024.

  • For Q3 2024, Tax Rate changed N/A year-over-year to 25.51%; the TTM value through Sep 2024 reached 20.5%, changed N/A, while the annual FY2023 figure was 20.13%, 747.0% up from the prior year.
  • Tax Rate reached 25.51% in Q3 2024 per SLBK's latest filing, up from 21.81% in the prior quarter.
  • Across five years, Tax Rate topped out at 26.39% in Q4 2020 and bottomed at 17.86% in Q1 2024.
  • Average Tax Rate over 4 years is 20.96%, with a median of 20.24% recorded in 2020.
  • Peak YoY movement for Tax Rate: plummeted -610bps in 2021, then surged 235bps in 2024.
  • A 4-year view of Tax Rate shows it stood at 26.39% in 2020, then fell by -23bps to 20.28% in 2021, then dropped by -4bps to 19.46% in 2023, then surged by 31bps to 25.51% in 2024.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 25.51% in Q3 2024, 21.81% in Q2 2024, and 17.86% in Q1 2024.