Virginia National Bankshares (VABK) Tax Rate (2018 - 2026)
Virginia National Bankshares (VABK) reported Tax Rate of 20.14% for Q2 2026, down 1.71 percentage points from 21.85% a year earlier but up 0.65 percentage points from the prior quarter.
Virginia National Bankshares (VABK) Tax Rate (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Virginia National Bankshares' Tax Rate came in at 20.21%, up 0.40 percentage points year-over-year; for FY2025, it was 20.02%, up 1.20 percentage points from FY2024.
- Tax Rate has a five-year change of -0.54 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 18.82% in FY2024 (+1.59 pp), 17.23% in FY2023 (-0.66 pp), 17.89% in FY2022 (+2.40 pp) and 15.49% in FY2021 (-5.07 pp).
- Five-year quarterly Tax Rate spans a low of 10.88% in Q4 2021 and a high of 21.99% in Q4 2024.
- Year over year, Tax Rate gained in six of the last eight quarters, with an average year-over-year change of +1.90 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 7.63 percentage points); the low point was Q2 2022 (a drop of 15.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.49% (Q1 2026), 21.42% (Q4 2025) and 19.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Virginia National Bankshares | 269.54 Mn | 269.54 Mn | - | 20.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.14% |
| Mar 31, 2026 | 19.49% |
| Dec 31, 2025 | 21.42% |
| Sep 30, 2025 | 19.54% |
| Jun 30, 2025 | 21.85% |
| Mar 31, 2025 | 16.72% |
| Dec 31, 2024 | 21.99% |
| Sep 30, 2024 | 18.54% |
| Jun 30, 2024 | 18.26% |
| Mar 31, 2024 | 15.54% |
| Dec 31, 2023 | 16.57% |
| Sep 30, 2023 | 15.04% |
| Jun 30, 2023 | 18.37% |
| Mar 31, 2023 | 18.16% |
| Dec 31, 2022 | 18.51% |
| Sep 30, 2022 | 17.95% |
| Jun 30, 2022 | 17.39% |
| Mar 31, 2022 | 17.51% |
| Dec 31, 2021 | 10.88% |
| Sep 30, 2021 | 19.35% |
Virginia National Bankshares 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=VABK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VABK", "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=VABK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();