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Bancontander Mexico (Bancontander Mexico) Tax Rate % : 27.49% (As of Dec. 2023)


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What is Bancontander Mexico Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bancontander Mexico's Tax Expense for the three months ended in Dec. 2023 was $150 Mil. Bancontander Mexico's Pre-Tax Income for the three months ended in Dec. 2023 was $546 Mil. Therefore, Bancontander Mexico's Tax Rate % for the quarter that ended in Dec. 2023 was 27.49%.

Bancontander Mexico Tax Rate % Historical Data

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

Bancontander Mexico Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.32 24.71 19.27 25.73 27.74

Bancontander Mexico 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.34 27.81 27.80 27.83 27.49

Bancontander Mexico Tax Rate % Calculation

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

Bancontander Mexico'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 )
=657.113/2369
=27.74 %

Bancontander Mexico'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 )
=150.11/546.121
=27.49 %

* 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.

Bancontander Mexico Tax Rate % Related Terms

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Bancontander Mexico (Bancontander Mexico) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander Mexico SA (NYSE:BSMX) » Definitions » Tax Rate %
Comparable Companies
GFINBURO FPLUS16 BBAJIOO RA GFNORTEO CAR:BPV CAR:MVZ.A CAR:BNC SHSE:600036 NSE:HDFCBANK SAU:1120 NSE:ICICIBANK ISX:BBCA XPAR:BNP SGX:D05 HKSE:01658 SAU:1180 NSE:SBIN USB SHSE:601166
Traded in Other Exchanges
N/A
Address
Avenida Prolongacion Paseo de la Reforma 500, Colonia Lomas de Santa Fe, Alcaldía Alvaro Obregon, Mexico, DF, MEX, 01219
Website
https://www.santander.com.mx
Banco Santander Mexico SA provides a wide range of financial and related services. The company's segments include Retail Banking; Corporate and Investment Banking and Corporate Activities. It generates maximum revenue from the Retail Banking segment. Retail Banking activities include products and services for SME such as personal loans, deposit-taking, employee payroll accounts for corporate customers, credit and debit cards, and overdraft facilities.