Western New England Bancorp (WNEB) Tax Rate (2010 - 2026)
Western New England Bancorp's (WNEB) quarterly Tax Rate came in at 22.64% in Q1 2026, up 26.0% year-on-year from 17.97% in Q1 2025, and up 6.4% on a QoQ basis from 21.28% in Q4 2025.
Western New England Bancorp (WNEB) Tax Rate (2010 - 2026) Analysis & Trends
Western New England Bancorp (WNEB) has 17 years of Tax Rate data on file, last reported at 22.64% in Q1 2026.
- On a quarterly basis, Tax Rate rose 26.0% year-over-year to 22.64% in Q1 2026; TTM through Mar 2026 was 22.85%, a 72.0% increase from a year earlier, with the FY2025 full-year figure at 5.43%, down 1557.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.64%, up from 21.28% in the prior quarter.
- Over the last five years, Tax Rate for WNEB reached as high as 30.62% in Q4 2023 and fell as low as 18.0% in Q2 2024.
- Historically, Tax Rate has averaged 23.35% across 5 years, with a median of 23.68% in 2022.
- On a YoY basis, Tax Rate climbed as much as 580 bps in 2024 and fell as far as 598 bps in 2024.
- Year by year, Tax Rate stood at 26.87% in 2022, then rose by 14 bps to 30.62% in 2023, then decreased by 20 bps to 24.64% in 2024, then dropped by 14 bps to 21.28% in 2025, then grew by 6 bps to 22.64% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.64% in Q1 2026, 21.28% in Q4 2025, and 24.49% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 0.02% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 25,760,269.96% |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -22.54% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -25.87% |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.25% |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -23.21% |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.21% |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 19.83% |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 18.98% |
| 10 | Western New England Bancorp | 286.41 Mn | 229.66 Mn | - | 22.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.64% |
| Mar 31, 2026 | 22.64% |
| Mar 31, 2026 | 22.64% |
| Dec 31, 2025 | 21.28% |
| Dec 31, 2025 | 21.28% |
| Dec 31, 2025 | 21.28% |
| Sep 30, 2025 | 24.49% |
| Sep 30, 2025 | 24.49% |
| Sep 30, 2025 | 24.49% |
| Jun 30, 2025 | 23.65% |
| Jun 30, 2025 | 23.65% |
| Jun 30, 2025 | 23.65% |
| Mar 31, 2025 | 22.38% |
| Mar 31, 2025 | 22.38% |
| Mar 31, 2025 | 22.38% |
| Dec 31, 2024 | 24.64% |
| Dec 31, 2024 | 24.64% |
| Dec 31, 2024 | 24.64% |
| Sep 30, 2024 | 24.50% |
| Sep 30, 2024 | 24.50% |