Grupo Financiero Galicia (Grupo Financiero Galicia) Tax Rate % : 27.60% (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Grupo Financiero Galicia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grupo Financiero Galicia's Tax Expense for the three months ended in Sep. 2023 was $59 Mil. Grupo Financiero Galicia's Pre-Tax Income for the three months ended in Sep. 2023 was $214 Mil. Therefore, Grupo Financiero Galicia's Tax Rate % for the quarter that ended in Sep. 2023 was 27.60%.

Grupo Financiero Galicia Tax Rate % Historical Data

The historical data trend for Grupo Financiero Galicia'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.

* Premium members only.

Grupo Financiero Galicia Tax Rate % Chart

Grupo Financiero Galicia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

40.68

44.90

34.54

25.90

37.93

Grupo Financiero Galicia 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															75.30	36.03	30.24	27.60	52.41

Grupo Financiero Galicia Tax Rate % Calculation

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

Grupo Financiero Galicia's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	101.419	/	391.544
	=	25.90 %

Grupo Financiero Galicia's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	59.068	/	213.993
	=	27.60 %

Grupo Financiero Galicia Tax Rate % Related Terms

Thank you for viewing the detailed overview of Grupo Financiero Galicia's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Galicia SA (NAS:GGAL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GGAL:Mexico GF4:Germany GGAL:Argentina

Address

Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ

Website

https://www.gfgsa.com

Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia (Grupo Financiero Galicia) Headlines

From GuruFocus

Should You Reduce Your Holdings of These 2 Companies?

By Alberto Abaterusso Alberto Abaterusso • 11-21-2019

Argentina's New Debt Exchange: Go Long Banks

By Federico Zaldua Federico Zaldua • 09-01-2013

13 Questions With Argentine Value Investor Santiago Lucca

By PJ Pahygiannis PJ Pahygiannis • 12-05-2016

Unveiling Grupo Financiero Galicia SA's Dividend Performance and Sustainability

By GuruFocus Research • 09-22-2023

Predictable and Undervalued Companies - Part II

By Tiziano Frateschi Tiziano Frateschi • 05-20-2015

What's Driving Grupo Financiero Galicia SA's Surprising 15% Stock Rally?

By GuruFocus Research • 12-21-2023