Chesapeake Financial Shares (Chesapeake Financial Shares) Tax Rate % : 22.96% (As of Dec. 2023)

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What is Chesapeake Financial Shares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chesapeake Financial Shares's Tax Expense for the three months ended in Dec. 2023 was $0.27 Mil. Chesapeake Financial Shares's Pre-Tax Income for the three months ended in Dec. 2023 was $1.18 Mil. Therefore, Chesapeake Financial Shares's Tax Rate % for the quarter that ended in Dec. 2023 was 22.96%.

Chesapeake Financial Shares Tax Rate % Historical Data

The historical data trend for Chesapeake Financial Shares'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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Chesapeake Financial Shares Tax Rate % Chart

Chesapeake Financial Shares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.32

14.83

13.30

13.81

18.02

Chesapeake Financial Shares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															1.79	16.82	18.29	17.48	22.96

Chesapeake Financial Shares Tax Rate % Calculation

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

Chesapeake Financial Shares'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 )
	=	2.224	/	12.344
	=	18.02 %

Chesapeake Financial Shares's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.27	/	1.176
	=	22.96 %

Chesapeake Financial Shares Tax Rate % Related Terms

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Chesapeake Financial Shares (Chesapeake Financial Shares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chesapeake Financial Shares Inc (OTCPK:CPKF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

97 North Main Street, P.O. Box 1419, Kilmarnock, VA, USA, 22482

Website

https://www.chesapeakefinancialshares.com

Chesapeake Financial Shares Inc is engaged in the business of full-service lending, providing deposit services to individuals and businesses and offering brokerage, trust, and estate management services. The company's loan portfolio includes segments; Commercial loans include both secured and unsecured loans for working capital, expansion, and other business purposes, Commercial-Real Estate: Loans secured by commercial real estate, Consumer-Non-Real Estate, and Residential-Real Estate. The company operates through its network of branches located throughout the Northern Neck, Middle Peninsula, Williamsburg, James City County, and Richmond areas of Virginia.

Chesapeake Financial Shares (Chesapeake Financial Shares) Headlines

From GuruFocus

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