Union Bankshares (UNB) Tax Rate (2010 - 2026)
Union Bankshares (UNB) recorded quarterly Tax Rate of 9.84% in Q1 2026, up 13.09% quarter-over-quarter from 8.7% in Q4 2025, and up 419.0% on a YoY basis from 1.9% in Q1 2025.
Union Bankshares (UNB) Tax Rate (2010 - 2026) Analysis & Trends
Union Bankshares' Tax Rate history runs 17 years deep, the most recent figure standing at 9.84% for Q1 2026.
- In Q1 2026, Tax Rate rose 419.0% year-over-year to 9.84%; the TTM figure through Mar 2026 stood at 8.72% (up 487.0% YoY), while the FY2025 annual figure was 7.73%, up 369.0% from the prior year.
- Tax Rate was 9.84% for Q1 2026 at Union Bankshares, up from 8.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.17% in Q4 2022 to a low of 10.24% in Q3 2024.
- Historically, Tax Rate has averaged 9.68% across 5 years, with a median of 10.47% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 2071 bps in 2024, then soared 2099 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 19.17% in 2022, then slumped by 36 bps to 12.36% in 2023, then slumped by 34 bps to 8.14% in 2024, then grew by 7 bps to 8.7% in 2025, then advanced by 13 bps to 9.84% in 2026.
- The last three Tax Rate figures came in at 9.84% (Q1 2026), 8.7% (Q4 2025), and 10.75% (Q3 2025), per Business Quant data.
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 | Union Bankshares | 107.68 Mn | 77.86 Mn | - | 9.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.84% |
| Mar 31, 2026 | 9.84% |
| Dec 31, 2025 | 8.70% |
| Dec 31, 2025 | 8.70% |
| Sep 30, 2025 | 10.75% |
| Sep 30, 2025 | 10.75% |
| Jun 30, 2025 | 4.08% |
| Jun 30, 2025 | 4.08% |
| Mar 31, 2025 | 5.66% |
| Mar 31, 2025 | 5.66% |
| Dec 31, 2024 | 8.14% |
| Dec 31, 2024 | 8.14% |
| Sep 30, 2024 | -10.24% |
| Sep 30, 2024 | -10.24% |
| Jun 30, 2024 | 2.93% |
| Jun 30, 2024 | 2.93% |
| Mar 31, 2024 | 6.39% |
| Mar 31, 2024 | 6.39% |
| Dec 31, 2023 | 12.36% |
| Dec 31, 2023 | 12.36% |