Intesanpaolo (Intesanpaolo) Tax Rate % : 31.80% (As of Mar. 2024)

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What is Intesanpaolo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Intesanpaolo's Tax Expense for the three months ended in Mar. 2024 was $1,171 Mil. Intesanpaolo's Pre-Tax Income for the three months ended in Mar. 2024 was $3,682 Mil. Therefore, Intesanpaolo's Tax Rate % for the quarter that ended in Mar. 2024 was 31.80%.

Intesanpaolo Tax Rate % Historical Data

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

Intesanpaolo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.57

2.67

21.96

27.54

27.86

Intesanpaolo 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															31.34	29.39	32.00	13.55	31.80

Intesanpaolo Tax Rate % Calculation

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

Intesanpaolo'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 )
	=	3264.995	/	11718.648
	=	27.86 %

Intesanpaolo'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 )
	=	1170.652	/	3681.522
	=	31.80 %

Intesanpaolo Tax Rate % Related Terms

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Intesanpaolo (Intesanpaolo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Intesa Sanpaolo (OTCPK:IITSF) » Definitions » Tax Rate %

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Address

Piazza San Carlo, 156, Torino, ITA, 10121

Website

https://www.group.intesasanpaolo.com

Intesa Sanpaolo is an Italian banking group resulting from the merger of Banca Intesa and Sanpaolo IMI in 2007. Italy still accounts for by far the most of its earnings. Still, Intesa also has a growing international presence, focusing on some smaller countries in Central and Eastern Europe. Intesa has an enviable market position in the Italian savings market that it services through its private banking, asset management and life insurance operations, which accounts for around 25% of its revenue. While Intesa does have a sizable corporate banking business, it has limited exposure to securities trading and underwriting.