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BCO Mercantil de Investimentos (BSP:BMIN4) Tax Rate % : 47.09% (As of Mar. 2024)


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What is BCO Mercantil de Investimentos Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BCO Mercantil de Investimentos's Tax Expense for the three months ended in Mar. 2024 was R$1.46 Mil. BCO Mercantil de Investimentos's Pre-Tax Income for the three months ended in Mar. 2024 was R$3.11 Mil. Therefore, BCO Mercantil de Investimentos's Tax Rate % for the quarter that ended in Mar. 2024 was 47.09%.

BCO Mercantil de Investimentos Tax Rate % Historical Data

The historical data trend for BCO Mercantil de Investimentos'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.

BCO Mercantil de Investimentos Tax Rate % Chart

BCO Mercantil de Investimentos 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 7.74 37.23 42.33 24.16 39.69

BCO Mercantil de Investimentos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.02 46.19 46.64 9.84 47.09

BCO Mercantil de Investimentos Tax Rate % Calculation

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

BCO Mercantil de Investimentos'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 )
=4.781/12.047
=39.69 %

BCO Mercantil de Investimentos's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=1.462/3.105
=47.09 %

* 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.

BCO Mercantil de Investimentos Tax Rate % Related Terms

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BCO Mercantil de Investimentos (BSP:BMIN4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BCO Mercantil de Investimentos SA (BSP:BMIN4) » Definitions » Tax Rate %
Comparable Companies
BSP:BGIP3 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3 USB ISX:BBRI MIL:ISP PNC
Traded in Other Exchanges
BMIN3:Brazil
Address
Rua Rio de Janeiro 654, 6 Andar, Belo Horizonte, MG, BRA, 30160912
Website
https://www.bancobmi.com.br
BCO Mercantil de Investimentos SA provides capital financing for productive activities in short, medium and long term projects. It operates as a subsidiary of Banco Mercantil do Brasil S.A.

BCO Mercantil de Investimentos (BSP:BMIN4) Headlines

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