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Canadian Banc (TSX:BK) Tax Rate % : 0.00% (As of Nov. 2023)


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What is Canadian Banc Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canadian Banc's Tax Expense for the six months ended in Nov. 2023 was C$0.00 Mil. Canadian Banc's Pre-Tax Income for the six months ended in Nov. 2023 was C$13.44 Mil. Therefore, Canadian Banc's Tax Rate % for the quarter that ended in Nov. 2023 was 0.00%.

Canadian Banc Tax Rate % Historical Data

The historical data trend for Canadian Banc'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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Canadian Banc Tax Rate % Chart

Canadian Banc Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tax Rate %
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Canadian Banc Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Canadian Banc Tax Rate % Calculation

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

Canadian Banc's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2023 )/Pre-Tax Income (A: Nov. 2023 )
=0/-13.889
=0.00 %

Canadian Banc's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2023 )/Pre-Tax Income (Q: Nov. 2023 )
=0/13.442
=0.00 %

* 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.

Canadian Banc Tax Rate % Related Terms

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Canadian Banc (TSX:BK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (TSX:BK) » Definitions » Tax Rate %
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Traded in Other Exchanges
CNDCF:USA BK.PR.A.PFD:Canada
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.