Bancontander (Bancontander) Tax Rate % : 18.46% (As of Dec. 2023)

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What is Bancontander Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bancontander's Tax Expense for the three months ended in Dec. 2023 was $790 Mil. Bancontander's Pre-Tax Income for the three months ended in Dec. 2023 was $4,277 Mil. Therefore, Bancontander's Tax Rate % for the quarter that ended in Dec. 2023 was 18.46%.

Bancontander Tax Rate % Historical Data

The historical data trend for Bancontander'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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Bancontander Tax Rate % Chart

Bancontander Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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35.29

-271.29

33.64

29.42

25.98

Bancontander 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															27.17	25.23	30.86	28.58	18.46

Bancontander Tax Rate % Calculation

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

Bancontander'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 )
	=	4663.032	/	17948.746
	=	25.98 %

Bancontander'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 )
	=	789.531	/	4276.99
	=	18.46 %

Bancontander Tax Rate % Related Terms

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Bancontander (Bancontander) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander SA (NYSE:SAN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BCDRF:USA SAN:Poland SANT:Italy SANe:UK 0HLE:UK BNC:UK SAN:Spain BSDK:Germany BSD2:Germany BSD2:Germany BSD2:Germany BSDK:Germany BSD2:Germany BCSA34:Brazil SAN:Austria SAN:Argentina

Address

Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660

Website

https://www.santander.com

Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's U.K. presence is the result of its acquisition of Abbey building society. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.