Us Bancorp (USB) Tax Rate (2009 - 2026)

Us Bancorp (USB) has 18 years of Tax Rate data on file, last reported at 19.39% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 113.0% year-over-year to 19.39%; the trailing twelve-month figure through Mar 2026 stood at 19.91% (down 5.0% YoY), and the FY2025 full-year result was 20.18%, up 21.0% from the prior year.
• Tax Rate improved to 19.39% in Q1 2026, from 19.03% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 22.05% in Q3 2023 to a low of 13.9% in Q4 2023.
• A 5-year average of 19.83% and a median of 20.7% in 2025 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate plunged 595 bps in 2022 and surged 688 bps in 2024, its largest moves.
• Tracing USB's Tax Rate over 5 years: stood at 15.53% in 2022, then dropped by 11 bps to 13.9% in 2023, then soared by 49 bps to 20.78% in 2024, then slipped by 8 bps to 19.03% in 2025, then grew by 2 bps to 19.39% in 2026.
• Business Quant data shows USB's Tax Rate at 19.39% in Q1 2026, 19.03% in Q4 2025, and 20.7% in Q3 2025.