Us Bancorp (USB) Tax Rate (2016 - 2026)
Quarterly results put Tax Rate at 19.39% for Q1 2026, down 113.0% from a year ago — trailing twelve months through Mar 2026 was 19.91% (down 5.0% YoY), and the annual figure for FY2025 was 20.18%, up 21.0%.
Us Bancorp \De\ has reported Tax Rate over the past 18 years, most recently at 19.39% for Q1 2026.
- Tax Rate reached 19.39% in Q1 2026 per USB's latest filing, up from 19.03% in the prior quarter.
- Across five years, Tax Rate topped out at 22.05% in Q3 2023 and bottomed at 13.9% in Q4 2023.
- Median Tax Rate over the past 5 years was 20.7% (2025), compared with a mean of 19.83%.
- The largest annual shift saw Tax Rate tumbled -595bps in 2022 before it surged 688bps in 2024.
- Over 5 years, Tax Rate stood at 15.53% in 2022, then decreased by -11bps to 13.9% in 2023, then skyrocketed by 49bps to 20.78% in 2024, then dropped by -8bps to 19.03% in 2025, then increased by 2bps to 19.39% in 2026.
- Business Quant data shows Tax Rate for USB at 19.39% in Q1 2026, 19.03% in Q4 2025, and 20.7% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 91,520.55 Bn | 91,520.55 Bn | - | - |
| 2 | Bank Bradesco | 6,974.45 Bn | 6,958.51 Bn | - | - |
| 3 | First Capital | 178.68 Bn | 178.53 Bn | - | 19.21 |
| 4 | Landmark Bancorp | 170.33 Bn | 170.30 Bn | - | 19.83 |
| 5 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 6 | NatWest | 156.60 Bn | -88.97 Bn | - | - |
| 7 | Shinhan Financial | 131.59 Bn | 130.68 Bn | - | 25.76 |
| 8 | Pnc Financial Services | 88.50 Bn | 88.55 Bn | - | 18.98 |
| 9 | Us Bancorp \De\ | 84.80 Bn | 85.26 Bn | - | - |
| 10 | Banco Santander (Brasil) | 66.97 Bn | 66.97 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.39 |
| Mar 31, 2026 | 19.39 |
| Dec 31, 2025 | 19.03 |
| Dec 31, 2025 | 19.03 |
| Sep 30, 2025 | 20.70 |
| Sep 30, 2025 | 20.70 |
| Jun 30, 2025 | 20.58 |
| Jun 30, 2025 | 20.58 |
| Mar 31, 2025 | 20.52 |
| Mar 31, 2025 | 20.52 |
| Dec 31, 2024 | 20.78 |
| Dec 31, 2024 | 20.78 |
| Sep 30, 2024 | 16.89 |
| Sep 30, 2024 | 16.89 |
| Jun 30, 2024 | 21.64 |
| Jun 30, 2024 | 21.64 |
| Mar 31, 2024 | 20.74 |
| Mar 31, 2024 | 20.74 |
| Dec 31, 2023 | 13.90 |
| Dec 31, 2023 | 13.90 |
| Sep 30, 2023 | 22.05 |
| Sep 30, 2023 | 22.05 |
| Jun 30, 2023 | 21.82 |
| Jun 30, 2023 | 21.82 |
| Mar 31, 2023 | 21.07 |
| Mar 31, 2023 | 21.07 |
| Dec 31, 2022 | 15.53 |
| Dec 31, 2022 | 15.53 |
| Sep 30, 2022 | 20.94 |
| Sep 30, 2022 | 20.94 |
| Jun 30, 2022 | 21.25 |
| Jun 30, 2022 | 21.25 |
| Mar 31, 2022 | 20.31 |
| Mar 31, 2022 | 20.31 |
| Dec 31, 2021 | 21.48 |
| Dec 31, 2021 | 21.48 |
| Sep 30, 2021 | 21.71 |
| Sep 30, 2021 | 21.71 |
| Jun 30, 2021 | 21.70 |
| Jun 30, 2021 | 21.70 |
| Mar 31, 2021 | 20.99 |
| Mar 31, 2021 | 20.99 |
| Dec 31, 2020 | 20.57 |
| Dec 31, 2020 | 20.57 |
| Sep 30, 2020 | 17.95 |
| Sep 30, 2020 | 17.95 |
| Jun 30, 2020 | 8.43 |
| Jun 30, 2020 | 8.43 |
| Mar 31, 2020 | 18.07 |
| Mar 31, 2020 | 18.07 |
| Dec 31, 2019 | 19.17 |
| Dec 31, 2019 | 19.17 |
| Sep 30, 2019 | 19.59 |
| Sep 30, 2019 | 19.59 |
| Jun 30, 2019 | 19.72 |
| Jun 30, 2019 | 19.72 |
| Mar 31, 2019 | 18.12 |
| Mar 31, 2019 | 18.12 |
| Dec 31, 2018 | 13.52 |
| Dec 31, 2018 | 13.52 |
| Sep 30, 2018 | 20.16 |
| Sep 30, 2018 | 20.16 |
| Jun 30, 2018 | 20.05 |
| Jun 30, 2018 | 20.05 |
| Mar 31, 2018 | 17.71 |
| Mar 31, 2018 | 17.71 |
| Dec 31, 2017 | -28.60 |
| Dec 31, 2017 | -28.60 |
| Sep 30, 2017 | 27.29 |
| Sep 30, 2017 | 27.29 |
| Jun 30, 2017 | 26.71 |
| Jun 30, 2017 | 26.71 |
| Mar 31, 2017 | 4.43 |
| Mar 31, 2017 | 4.43 |
| Dec 31, 2016 | 79.12 |
| Dec 31, 2016 | 79.12 |
| Sep 30, 2016 | 27.19 |
| Sep 30, 2016 | 27.19 |
| Jun 30, 2016 | 26.08 |
| Jun 30, 2016 | 26.08 |