profitability
Effective Tax Rate
Income tax expense as a percentage of pretax income.
National median
17.85%
Middle half
0.15%22.80%
Direction
Context dependent
What it means
Why this metric matters
The effective tax rate explains how much pretax profit reaches the bottom line. Large changes may reflect tax-exempt securities, credits, valuation adjustments, or unusual items.
How it is calculated
Formula and source fields
income_tax_ytd / NULLIF(pretax_income_ytd, 0) * 100Source fields: ITAX + PTAXNETINC. Not annualized.
Read the calculation methodology →National distribution
Across active reporting banks
4,235 observations · Q1 2026
10th percentile
0.00%25th percentile
0.15%Median
17.85%75th percentile
22.80%90th percentile
25.98%Reported extremes
Highest and lowest banks
These lists describe reported values, not quality rankings. Compare business models and peer groups before drawing conclusions.
Lowest reported values
- 1−1,633.33%
- 2−1,050.00%
- 3−900.00%
- 4−466.67%
- 5−257.65%
- 6−185.02%
- 7−175.42%
- 8−144.44%
- 9−142.86%
- 10−115.68%
Highest reported values
- 11,395.24%
- 21,000.00%
- 3540.95%
- 4418.25%
- 5333.33%
- 6191.39%
- 7182.03%
- 8174.25%
- 9172.73%
- 10125.00%
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