Union Bankshares Inc (UNB) Tax Rate (2010 - 2026)
Union Bankshares (UNB) reported Tax Rate of 9.33% for Q2 2026, up 5.25 percentage points from 4.08% a year earlier but down 0.51 percentage points from the prior quarter.
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Analysis
Union Bankshares Inc (UNB) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Union Bankshares' Tax Rate came in at 9.73%, up 5.62 percentage points year-over-year; for FY2025, it came in at 7.73%, up 3.69 percentage points from FY2024.
- Tax Rate has a five-year change of -8.16 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 4.04% in FY2024 (-8.54 pp), 12.58% in FY2023 (-4.68 pp), 17.26% in FY2022 (+0.53 pp) and 16.73% in FY2021 (+0.84 pp).
- Five-year quarterly Tax Rate spans a low of -10.24% in Q3 2024 and a high of 19.17% in Q4 2022.
- Year over year, Tax Rate has now increased in each of the last five quarters, with an average year-over-year change of +0.81 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2025 (a gain of 20.99 percentage points); the low point was Q3 2024 (a drop of 20.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.84% (Q1 2026), 8.70% (Q4 2025) and 10.75% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.33% |
| Mar 31, 2026 | 9.84% |
| Dec 31, 2025 | 8.70% |
| Sep 30, 2025 | 10.75% |
| Jun 30, 2025 | 4.08% |
| Mar 31, 2025 | 5.66% |
| Dec 31, 2024 | 8.14% |
| Jun 30, 2024 | 2.93% |
| Mar 31, 2024 | 6.39% |
| Dec 31, 2023 | 12.36% |
| Sep 30, 2023 | 10.47% |
| Jun 30, 2023 | 13.88% |
| Mar 31, 2023 | 13.36% |
| Dec 31, 2022 | 19.17% |
| Sep 30, 2022 | 17.24% |
| Jun 30, 2022 | 17.23% |
| Mar 31, 2022 | 14.53% |
| Dec 31, 2021 | 15.68% |
| Sep 30, 2021 | 18.21% |
| Jun 30, 2021 | 16.78% |
API Access
Union Bankshares Inc Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=UNB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "UNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=UNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();