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Fynske Bank A/S (OCSE:FYNBK) Tax Rate % : 22.00% (As of Mar. 2024)


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What is Fynske Bank A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fynske Bank A/S's Tax Expense for the three months ended in Mar. 2024 was kr11.1 Mil. Fynske Bank A/S's Pre-Tax Income for the three months ended in Mar. 2024 was kr50.3 Mil. Therefore, Fynske Bank A/S's Tax Rate % for the quarter that ended in Mar. 2024 was 22.00%.

Fynske Bank A/S Tax Rate % Historical Data

The historical data trend for Fynske Bank A/S'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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Fynske Bank A/S Tax Rate % Chart

Fynske Bank A/S 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 13.21 12.33 13.28 15.16 22.09

Fynske Bank A/S 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 23.97 20.31 22.15 21.51 22.00

Fynske Bank A/S Tax Rate % Calculation

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

Fynske Bank A/S'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 )
=44.571/201.755
=22.09 %

Fynske Bank A/S'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 )
=11.057/50.268
=22.00 %

* 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.

Fynske Bank A/S Tax Rate % Related Terms

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Fynske Bank A/S (OCSE:FYNBK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fynske Bank A/S (OCSE:FYNBK) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Centrumpladsen 19, Svendborg, DNK, 5700
Website
http://www.svendborgsparekasse.dk
Fynske Bank A/S is a bank and financial service provider. Its activities are ordinary banking,consisting of deposits, loans, guarantees, securities trading and currency as well as advice regarding financing, retirement, investment and housing trade. It offers financing, insurance, pension products, investment and asset management services to retail customer market and to small and medium-sized businesses.

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