Western New England Bancorp (WNEB) Tax Rate: 2009-2024

Historic Tax Rate for Western New England Bancorp (WNEB) over the last 16 years, with Dec 2024 value amounting to 22.00%.

  • Western New England Bancorp's Tax Rate fell 544.00% to 34.81% in Q3 2017 from the same period last year, while for Dec 2017 it was 87.22%, marking a year-over-year increase of 5252.00%. This contributed to the annual value of 22.00% for FY2024, which is 106.00% down from last year.
  • Per Western New England Bancorp's latest filing, its Tax Rate stood at 22.00% for FY2024, which was down 4.58% from 23.06% recorded in FY2023.
  • Western New England Bancorp's Tax Rate's 5-year high stood at 25.30% during FY2021, with a 5-year trough of 20.78% in FY2020.
  • In the last 3 years, Western New England Bancorp's Tax Rate had a median value of 23.06% in 2023 and averaged 23.44%.
  • Per our database at Business Quant, Western New England Bancorp's Tax Rate spiked by 452bps in 2021 and then crashed by 219bps in 2023.
  • Western New England Bancorp's Tax Rate (Yearly) stood at 20.78% in 2020, then surged by 452bps to 25.30% in 2021, then dropped by 5bps to 25.24% in 2022, then crashed by 219bps to 23.06% in 2023, then plummeted by 106bps to 22.00% in 2024.