United Bankshares (UBSI) Tax Rate (2009 - 2026)
United Bankshares (UBSI) reported Tax Rate of 20.38% for Q1 2026, down 78.0% year-over-year from 92.63% in Q1 2025, and up 4.88% quarter-over-quarter from 19.43% in Q4 2025.
United Bankshares (UBSI) Tax Rate (2009 - 2026) Analysis & Trends
United Bankshares (UBSI) has 18 years of Tax Rate data on file, last reported at 20.38% in Q1 2026.
- Tax Rate for Q1 2026 came in at 20.38%, down 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.23% (up 20.0% YoY), and the FY2025 annual result was 20.36%, up 65.0% from the prior year.
- Tax Rate improved to 20.38% in Q1 2026 per UBSI's latest filing, from 19.43% in the prior quarter.
- Over five years, Tax Rate peaked at 23.81% in Q4 2023 and troughed at 16.36% in Q2 2024.
- A 5-year average of 20.35% and a median of 20.38% in 2026 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 387 bps in 2024, then surged 426 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 21.06% in 2022, then gained by 13 bps to 23.81% in 2023, then slipped by 8 bps to 22.01% in 2024, then dropped by 12 bps to 19.43% in 2025, then grew by 5 bps to 20.38% in 2026.
- Business Quant data shows UBSI's Tax Rate at 20.38% in Q1 2026, 19.43% in Q4 2025, and 20.51% 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 | United Bankshares | 6.37 Bn | 4.05 Bn | - | 20.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.38% |
| Mar 31, 2026 | 20.38% |
| Dec 31, 2025 | 19.43% |
| Dec 31, 2025 | 19.43% |
| Sep 30, 2025 | 20.51% |
| Sep 30, 2025 | 20.51% |
| Jun 30, 2025 | 20.62% |
| Jun 30, 2025 | 20.62% |
| Mar 31, 2025 | 21.16% |
| Mar 31, 2025 | 21.16% |
| Dec 31, 2024 | 22.01% |
| Dec 31, 2024 | 22.01% |
| Sep 30, 2024 | 20.56% |
| Sep 30, 2024 | 20.56% |
| Jun 30, 2024 | 16.36% |
| Jun 30, 2024 | 16.36% |
| Mar 31, 2024 | 19.78% |
| Mar 31, 2024 | 19.78% |
| Dec 31, 2023 | 23.81% |
| Dec 31, 2023 | 23.81% |