Banco Provincial (CAR:BPV) Tax Rate % : 25.02% (As of Jun. 2023)

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What is Banco Provincial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Provincial's Tax Expense for the six months ended in Jun. 2023 was VES532 Mil. Banco Provincial's Pre-Tax Income for the six months ended in Jun. 2023 was VES2,126 Mil. Therefore, Banco Provincial's Tax Rate % for the quarter that ended in Jun. 2023 was 25.02%.

Banco Provincial Tax Rate % Historical Data

The historical data trend for Banco Provincial'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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Banco Provincial Tax Rate % Chart

Banco Provincial Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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17.92

1.31

25.22

18.75

Banco Provincial Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															20.46	12,132.42	13.96	20.17	25.02

Banco Provincial Tax Rate % Calculation

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

Banco Provincial's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	190.91	/	1018.064
	=	18.75 %

Banco Provincial's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	532.095	/	2126.271
	=	25.02 %

Banco Provincial Tax Rate % Related Terms

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Banco Provincial (CAR:BPV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Provincial SA (CAR:BPV) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Urbanisation San Bernardino Avenue East West, Provincial Financial Center, Caracas, VEN

Website

https://www.provincial.com

Banco Provincial SA operates as a bank in Venezuela. The company offers Current, Savings, Foreign currency accounts, mutual funds, Gold credit card, Classic Credit card, debit cards. It also provides various banking services which include personal loans, mortgage loan, vehicle loans, flexible credit to its customers in Venezuela.

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