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InBankshares (InBankshares) Tax Rate % : 21.40% (As of Mar. 2024)


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What is InBankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. InBankshares's Tax Expense for the three months ended in Mar. 2024 was $0.51 Mil. InBankshares's Pre-Tax Income for the three months ended in Mar. 2024 was $2.39 Mil. Therefore, InBankshares's Tax Rate % for the quarter that ended in Mar. 2024 was 21.40%.

InBankshares Tax Rate % Historical Data

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

InBankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 17.37 22.28 21.32 20.72 25.68

InBankshares 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 21.90 22.45 21.90 54.73 21.40

InBankshares Tax Rate % Calculation

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

InBankshares'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 )
=3.045/11.856
=25.68 %

InBankshares'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 )
=0.511/2.388
=21.40 %

* 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.

InBankshares Tax Rate % Related Terms

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InBankshares (InBankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » InBankshares Corp (OTCPK:INBC) » Definitions » Tax Rate %
Comparable Companies
LARK PSBQ CNBN ARBV HMST SSBI CWBK KISB FKYS HMNF CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
6380 South Fiddlers Green Circle, Suite 108A, Greenwood Village, CO, USA, 80111
Website
https://www.inbank.com
InBankshares Corp is a commercial bank that provides banking and mortgage services to individual and business customers. The company offers business checking, business savings, credit cards, lending, merchant services, treasury management, mortgages, and others.

InBankshares (InBankshares) Headlines

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