Signature Bank (Signature Bank) Tax Rate % : 26.23% (As of Dec. 2022)

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What is Signature Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Signature Bank's Tax Expense for the three months ended in Dec. 2022 was $107 Mil. Signature Bank's Pre-Tax Income for the three months ended in Dec. 2022 was $408 Mil. Therefore, Signature Bank's Tax Rate % for the quarter that ended in Dec. 2022 was 26.23%.

Signature Bank Tax Rate % Historical Data

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

Signature Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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27.73

28.60

27.84

26.39

23.83

Signature Bank Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Rate %	Get a 7-Day Free Trial															28.15	17.81	28.21	22.61	26.23

Signature Bank Tax Rate % Calculation

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

Signature Bank'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 )
	=	418.355	/	1755.404
	=	23.83 %

Signature Bank's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	106.982	/	407.828
	=	26.23 %

Signature Bank Tax Rate % Related Terms

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Signature Bank (Signature Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Signature Bank (OTCPK:SBNY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SBNYL.PFD:USA

Address

565 Fifth Avenue, New York, NY, USA, 10017

Website

https://www.signatureny.com

Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.