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

Us Bancorp's (USB) quarterly Tax Rate came in at 19.39% in Q1 2026, down 113.0% year-on-year from 149.14% in Q1 2025, and up 1.89% quarter-over-quarter from 19.03% in Q4 2025.

Us Bancorp \De\ (USB) Tax Rate (2009 - 2026) Analysis & Trends

Us Bancorp has disclosed Tax Rate across 18 years of filings, most recently posting 19.39% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 19.39%, down 113.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.91% (down 5.0% YoY), and the FY2025 annual result was 20.18%, up 21.0% from the prior year.
  • Tax Rate came in at 19.39% for Q1 2026 at Us Bancorp, up 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.
  • The 5-year median for Tax Rate is 20.7% (2025), against an average of 19.83%.
  • Across the five-year window, Tax Rate slumped 595 bps in 2022 and surged 688 bps in 2024, its largest moves.
  • Us Bancorp's Tax Rate stood at 15.53% in 2022, then declined by 11 bps to 13.9% in 2023, then jumped by 49 bps to 20.78% in 2024, then dropped by 8 bps to 19.03% in 2025, then increased by 2 bps to 19.39% in 2026.
  • The last three Tax Rate figures came in at 19.39% (Q1 2026), 19.03% (Q4 2025), and 20.7% (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 Us Bancorp \De\ 91.43 Bn 91.89 Bn - -

Historic Data

Download Data
DateValue
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%