Bank Bradesco (Bank Bradesco) Tax Rate % : 226.41% (As of Dec. 2023)

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What is Bank Bradesco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Bradesco's Tax Expense for the three months ended in Dec. 2023 was $-543 Mil. Bank Bradesco's Pre-Tax Income for the three months ended in Dec. 2023 was $-240 Mil. Therefore, Bank Bradesco's Tax Rate % for the quarter that ended in Dec. 2023 was 226.41%.

Bank Bradesco Tax Rate % Historical Data

The historical data trend for Bank Bradesco'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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Bank Bradesco Tax Rate % Chart

Bank Bradesco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-58.23

-293.44

28.83

12.36

-42.07

Bank Bradesco Quarterly Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															111.36	12.78	-33.44	-68.67	226.41

Bank Bradesco Tax Rate % Calculation

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

Bank Bradesco'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 )
	=	-876.447	/	2083.422
	=	-42.07 %

Bank Bradesco'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 )
	=	-543.428	/	-240.019
	=	226.41 %

Bank Bradesco Tax Rate % Related Terms

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Bank Bradesco (Bank Bradesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Bradesco SA (NYSE:BBD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BBDO:USA XBBDC:Spain BREC:Germany BBDC4:Brazil BBDC3:Brazil BBD:Argentina

Address

Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900

Website

https://www.banco.bradesco/ri

Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.