Us Bancorp De (USB) Tax Rate (2009 - 2026)
Us Bancorp's Tax Rate came in at 19.74% for Q2 2026, down 0.84 percentage points from 20.58% a year earlier but up 0.35 percentage points from the prior quarter.
Us Bancorp De (USB) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Us Bancorp reported Tax Rate of 19.72%, down 0.01 percentage points year-over-year; for FY2025, it came in at 20.18%, up 0.21 percentage points from FY2024.
- Tax Rate carries a five-year change of +2.57 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 19.98% in FY2024 (-0.52 pp), 20.50% in FY2023 (+0.46 pp), 20.04% in FY2022 (-1.42 pp) and 21.45% in FY2021 (+3.84 pp).
- The five-year range for quarterly Tax Rate is 13.90% (Q4 2023) to 22.05% (Q3 2023).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of +0.07 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 6.88 percentage points), and the weakest in Q4 2022 (a drop of 5.95 percentage points).
- Business Quant data shows USB's Tax Rate at 19.39% (Q1 2026), 19.03% (Q4 2025) and 20.70% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.74% |
| Mar 31, 2026 | 19.39% |
| Dec 31, 2025 | 19.03% |
| Sep 30, 2025 | 20.70% |
| Jun 30, 2025 | 20.58% |
| Mar 31, 2025 | 20.52% |
| Dec 31, 2024 | 20.78% |
| Sep 30, 2024 | 16.89% |
| Jun 30, 2024 | 21.64% |
| Mar 31, 2024 | 20.74% |
| Dec 31, 2023 | 13.90% |
| Sep 30, 2023 | 22.05% |
| Jun 30, 2023 | 21.82% |
| Mar 31, 2023 | 21.07% |
| Dec 31, 2022 | 15.53% |
| Sep 30, 2022 | 20.94% |
| Jun 30, 2022 | 21.25% |
| Mar 31, 2022 | 20.31% |
| Dec 31, 2021 | 21.48% |
| Sep 30, 2021 | 21.71% |
Us Bancorp De 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=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "USB", "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=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();