Meridian Bancorp (Meridian Bancorp) Tax Rate % : 24.68% (As of Sep. 2021)

View and export this data going back to 2008. Start your Free Trial

What is Meridian Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meridian Bancorp's Tax Expense for the three months ended in Sep. 2021 was $6.0 Mil. Meridian Bancorp's Pre-Tax Income for the three months ended in Sep. 2021 was $24.3 Mil. Therefore, Meridian Bancorp's Tax Rate % for the quarter that ended in Sep. 2021 was 24.68%.

Meridian Bancorp Tax Rate % Historical Data

The historical data trend for Meridian Bancorp'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.

Meridian Bancorp Tax Rate % Chart

Meridian Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

Get a 7-Day Free Trial

34.34

43.81

21.22

24.54

25.23

Meridian Bancorp Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Tax Rate %	Get a 7-Day Free Trial															25.52	25.43	26.36	24.91	24.68

Meridian Bancorp Tax Rate % Calculation

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

Meridian Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2020 )	/	Pre-Tax Income (A: Dec. 2020 )
	=	21.947	/	86.998
	=	25.23 %

Meridian Bancorp's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2021 )	/	Pre-Tax Income (Q: Sep. 2021 )
	=	6.007	/	24.343
	=	24.68 %

Meridian Bancorp Tax Rate % Related Terms

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

Meridian Bancorp (Meridian Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meridian Bancorp Inc (NAS:EBSB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Prospect Street, Peabody, MA, USA, 01960

Website

https://www.ebsb.com

Meridian Bancorp Inc operates as a bank. It provides services such as checking, savings, loans, credit cards, corporate banking, commercial banking, cash management, institutional banking, personal online banking, business online banking, and other banking services. The bank generates its revenue in the form of net interests.

Executives

Kenneth R Fisher	officer: EVP, Treasurer and CFO	67 PROSPECT STREET, PEABODY MA 01960
Anna R Dimaria	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Gregory F Natalucci	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Thomas J Gunning	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Edward J Merritt	director, officer: EVP	10 MERIDIAN STREET EAST BOSTON MA 02128
Marilyn A Censullo	director	10 MERIDAIN STREET EAST BOSTON MA 02128
Domenic A Gambardella	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Cynthia C Carney	director	67 PROSPECT STREET PEABODY MA 01960
John Migliozzi	officer: EVP	67 PROSPECT STREET, PEABODY MA 01960
Mark L Abbate	officer: EVP, Treasurer and CFO	81 MAIN STREET MEDWAY MA 02053
Carl Lagreca	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Richard J Gavegnano	director, officer: Chairman, President and CEO	10 MERIDIAN STREET EAST BOSTON MA 02128
James G Sartori	director	10 MERIDIAN STREET EAST BOSTON MA 02128
Frank Romano	officer: EVP	67 PROSPECT STREET PEABODY MA 01960
Peter F Scolaro	director	67 PROSPECT STREET PEABODY MA 01960