Wellesley Bancorp (Wellesley Bancorp) Deferred Tax : $-0.48 Mil (TTM As of Mar. 2020)

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What is Wellesley Bancorp Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Wellesley Bancorp's change in deferred tax for the three months ended in Mar. 2020 was $-0.11 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2020 was $-0.48 Mil.

Wellesley Bancorp Deferred Tax Historical Data

The historical data trend for Wellesley Bancorp's Deferred Tax 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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Wellesley Bancorp Deferred Tax Chart

Wellesley Bancorp Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Deferred Tax

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-0.30

-0.03

0.24

-0.26

-0.27

Wellesley Bancorp Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Deferred Tax	Get a 7-Day Free Trial															0.10	-0.19	-0.20	0.02	-0.11

Wellesley Bancorp Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 Mil.

Wellesley Bancorp Deferred Tax Related Terms

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Wellesley Bancorp (Wellesley Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wellesley Bancorp Inc (NAS:WEBK) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Worcester Street, Suite 300, Wellesley, MA, USA, 02481

Website

https://www.wellesleybank.com

Wellesley Bancorp Inc operates as a community-oriented financial institution. It offers banking services such as wealth management, checking, savings, money market deposits, and term certificate accounts, residential and commercial real estate loans, construction loans, commercial loans, and consumer loans among others. The bank generates its revenue in the form of interest income.

Executives

James J Malerba	director	STATE STREET CORPORATION, ONE LINCOLN STREET (SFC/13), BOSTON MA 02111
Simon R Gerlin	director	C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061-9149
Kathryn M Hinderhofer	director	5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Thomas J Fontaine	director, officer: President & CEO	40 CENTRAL STREET, WELLESLEY MA 02482