Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Tax Rate % : -43.20% (As of Dec. 2023)

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What is Banca Monte dei Paschi di Siena Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banca Monte dei Paschi di Siena's Tax Expense for the three months ended in Dec. 2023 was $-369 Mil. Banca Monte dei Paschi di Siena's Pre-Tax Income for the three months ended in Dec. 2023 was $855 Mil. Therefore, Banca Monte dei Paschi di Siena's Tax Rate % for the quarter that ended in Dec. 2023 was -43.20%.

Banca Monte dei Paschi di Siena Tax Rate % Historical Data

The historical data trend for Banca Monte dei Paschi di Siena'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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Banca Monte dei Paschi di Siena Tax Rate % Chart

Banca Monte dei Paschi di Siena Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1,994.11

-25.19

-19.82

70.50

-20.22

Banca Monte dei Paschi di Siena Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-6.92	-6.99	2.99	-0.88	-43.20

Banca Monte dei Paschi di Siena Tax Rate % Calculation

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

Banca Monte dei Paschi di Siena'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 )
	=	-376.354	/	1860.968
	=	-20.22 %

Banca Monte dei Paschi di Siena'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 )
	=	-369.466	/	855.289
	=	-43.20 %

Banca Monte dei Paschi di Siena Tax Rate % Related Terms

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Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Monte dei Paschi di Siena (OTCPK:BMDPF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BMPS:Italy BMPSm:UK 0RK6:UK MPI0:Germany

Address

Piazza Salimbeni, 3, Siena, ITA, 53100

Website

https://www.gruppomps.it

Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. The bank's strategy emphasizes efficiency as well as strengthening of its balance sheet, including its credit quality, liquidity, and capital base. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages.

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