Sparebanken More (OSL:MORG) Tax Rate % : 23.72% (As of Mar. 2024)

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What is Sparebanken More Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sparebanken More's Tax Expense for the three months ended in Mar. 2024 was kr79 Mil. Sparebanken More's Pre-Tax Income for the three months ended in Mar. 2024 was kr333 Mil. Therefore, Sparebanken More's Tax Rate % for the quarter that ended in Mar. 2024 was 23.72%.

Sparebanken More Tax Rate % Historical Data

The historical data trend for Sparebanken More'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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Sparebanken More Tax Rate % Chart

Sparebanken More Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.95

22.75

22.93

23.30

24.05

Sparebanken More 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															23.05	23.88	24.02	24.78	23.72

Sparebanken More Tax Rate % Calculation

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

Sparebanken More'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 )
	=	334	/	1389
	=	24.05 %

Sparebanken More'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 )
	=	79	/	333
	=	23.72 %

Sparebanken More Tax Rate % Related Terms

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Sparebanken More (OSL:MORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebanken More (OSL:MORG) » Definitions » Tax Rate %

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Traded in Other Exchanges

MORGo:UK

Address

Kipervikgata 6, Ålesund, NOR, 6003

Website

https://www.sbm.no

Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

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