Bank of East Asia (Bank of East Asia) Tax Rate % : 24.61% (As of Dec. 2023)

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What is Bank of East Asia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of East Asia's Tax Expense for the six months ended in Dec. 2023 was $63 Mil. Bank of East Asia's Pre-Tax Income for the six months ended in Dec. 2023 was $254 Mil. Therefore, Bank of East Asia's Tax Rate % for the quarter that ended in Dec. 2023 was 24.61%.

Bank of East Asia Tax Rate % Historical Data

The historical data trend for Bank of East Asia's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of East Asia Tax Rate % Chart

Bank of East Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-4.32

-2.19

13.41

11.39

22.11

Bank of East Asia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															11.77	16.20	8.63	20.61	24.61

Bank of East Asia Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bank of East Asia's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	150.324	/	679.915
	=	22.11 %

Bank of East Asia's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	62.614	/	254.424
	=	24.61 %

Bank of East Asia Tax Rate % Related Terms

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Bank of East Asia (Bank of East Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of East Asia Ltd (OTCPK:BKEAY) » Definitions » Tax Rate %

Traded in Other Exchanges

BKEAF:USA 00023:Hong Kong BOA:Germany

Address

10 Des Voeux Road Central, Hong Kong, HKG

Website

https://www.hkbea.com

Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

Bank of East Asia (Bank of East Asia) Headlines

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