Western New England Bancorp (WNEB) Tax Rate (2016 - 2021)
Western New England Bancorp (WNEB) has disclosed Tax Rate for 8 consecutive years, with 16.45% as the latest value for Q4 2021.
- Quarterly Tax Rate fell 546.0% to 16.45% in Q4 2021 from the year-ago period, while the trailing twelve-month figure was 23.27% through Dec 2021, up 249.0% year-over-year, with the annual reading at 22.84% for FY2025, 84.0% up from the prior year.
- Tax Rate for Q4 2021 was 16.45% at Western New England Bancorp, down from 25.87% in the prior quarter.
- The five-year high for Tax Rate was 34.81% in Q3 2017, with the low at 2.8% in Q1 2017.
- Average Tax Rate over 5 years is 22.04%, with a median of 22.33% recorded in 2019.
- The sharpest move saw Tax Rate crashed -2670bps in 2017, then soared 2006bps in 2018.
- Over 5 years, Tax Rate stood at 34.81% in 2017, then plummeted by -31bps to 24.15% in 2018, then decreased by -8bps to 22.33% in 2019, then fell by -2bps to 21.9% in 2020, then dropped by -25bps to 16.45% in 2021.
- According to Business Quant data, Tax Rate over the past three periods came in at 16.45%, 25.87%, and 26.97% for Q4 2021, Q3 2021, and Q2 2021 respectively.