Bank of Queensland (Bank of Queensland) Tax Rate % : 35.75% (As of Feb. 2024)

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What is Bank of Queensland Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Queensland's Tax Expense for the six months ended in Feb. 2024 was $55 Mil. Bank of Queensland's Pre-Tax Income for the six months ended in Feb. 2024 was $153 Mil. Therefore, Bank of Queensland's Tax Rate % for the quarter that ended in Feb. 2024 was 35.75%.

Bank of Queensland Tax Rate % Historical Data

The historical data trend for Bank of Queensland'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 Queensland Tax Rate % Chart

Bank of Queensland Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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31.49

33.53

31.41

31.95

55.87

Bank of Queensland Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Tax Rate %	Get a 7-Day Free Trial															32.91	30.88	96.00	33.70	35.75

Bank of Queensland Tax Rate % Calculation

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

Bank of Queensland's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	101.816	/	182.231
	=	55.87 %

Bank of Queensland's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	54.795	/	153.294
	=	35.75 %

Bank of Queensland Tax Rate % Related Terms

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Bank of Queensland (Bank of Queensland) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BXZ:Germany BOQPF.PFD:Australia BOQPE.PFD:Australia BOQ:Australia

Address

100 Skyring Terrace, Level 6, Newstead, QLD, AUS, 4006

Website

https://www.boq.com.au

Bank of Queensland, or BOQ, is an Australia-based bank offering home loans, personal finance, and commercial loans. BOQ operates both owner-managed and corporate branches, and is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.

Bank of Queensland (Bank of Queensland) Headlines

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