DNB Bank ASA (DNB Bank ASA) Tax Rate % : 20.00% (As of Mar. 2024)

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What is DNB Bank ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DNB Bank ASA's Tax Expense for the three months ended in Mar. 2024 was $241 Mil. DNB Bank ASA's Pre-Tax Income for the three months ended in Mar. 2024 was $1,205 Mil. Therefore, DNB Bank ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 20.00%.

DNB Bank ASA Tax Rate % Historical Data

The historical data trend for DNB Bank ASA'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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DNB Bank ASA Tax Rate % Chart

DNB Bank ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.50

17.73

22.84

18.26

21.43

DNB Bank ASA 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															23.00	23.00	23.00	16.05	20.00

DNB Bank ASA Tax Rate % Calculation

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

DNB Bank ASA'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 )
	=	1024.798	/	4781.315
	=	21.43 %

DNB Bank ASA'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 )
	=	241.046	/	1205.134
	=	20.00 %

DNB Bank ASA Tax Rate % Related Terms

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DNB Bank ASA (DNB Bank ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DNB Bank ASA (OTCPK:DNBBY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DNBBF:USA DNBo:Sweden DNB:Norway DNBo:UK 0O84:UK D1NC:Germany

Address

Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191

Website

https://www.dnb.no

DNB Bank ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.

DNB Bank ASA (DNB Bank ASA) Headlines

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