Us Bancorp (USB) Tax Rate (2009 - 2026)
Us Bancorp \De\ (USB) posted Tax Rate of 19.39% for Q1 2026, up 1.89% sequentially from 19.03% in Q4 2025, and down 113.0% YoY from 149.14% in Q1 2025.
Us Bancorp (USB) Tax Rate (2009 - 2026) Analysis & Trends
Us Bancorp \De\ has reported Tax Rate for 18 years, with the latest figure at 19.39% in Q1 2026.
- Quarterly Tax Rate fell 113.0% year-over-year to 19.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.91% (down 5.0% YoY) and the FY2025 annual result came in at 20.18%, up 21.0% from the prior year.
- Tax Rate improved to 19.39% in Q1 2026 per USB's latest filing, from 19.03% in the prior quarter.
- Over five years, Tax Rate peaked at 22.05% in Q3 2023 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Tax Rate slumped 595 bps in 2022, then jumped 688 bps in 2024.
- Over 5 years, Tax Rate stood at 15.53% in 2022, then retreated by 11 bps to 13.9% in 2023, then soared by 49 bps to 20.78% in 2024, then fell by 8 bps to 19.03% in 2025, then gained by 2 bps to 19.39% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 19.39%, 19.03%, and 20.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 20.53% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 19.74% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -30.86% |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -26.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 28.68% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -14.17% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 14.44% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 22.68% |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.74% |
| Jun 30, 2026 | 19.74% |
| Jun 30, 2026 | 19.74% |
| Mar 31, 2026 | 19.39% |
| Mar 31, 2026 | 19.39% |
| Mar 31, 2026 | 19.39% |
| Dec 31, 2025 | 19.03% |
| Dec 31, 2025 | 19.03% |
| Dec 31, 2025 | 19.03% |
| Sep 30, 2025 | 20.70% |
| Sep 30, 2025 | 20.70% |
| Sep 30, 2025 | 20.70% |
| Jun 30, 2025 | 20.58% |
| Jun 30, 2025 | 20.58% |
| Jun 30, 2025 | 20.58% |
| Mar 31, 2025 | 20.52% |
| Mar 31, 2025 | 20.52% |
| Mar 31, 2025 | 20.52% |
| Dec 31, 2024 | 20.78% |
| Dec 31, 2024 | 20.78% |