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BCMXY (Bank of Communications Co) Tax Provision : $-1,279 Mil (TTM As of Dec. 2024)


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What is Bank of Communications Co Tax Provision?

Bank of Communications Co's tax provision for the three months ended in Dec. 2024 was $-793 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2024 was $-1,279 Mil.

Bank of Communications Co Tax Provision Historical Data

The historical data trend for Bank of Communications Co's Tax Provision 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.

* Premium members only.

Bank of Communications Co Tax Provision Chart

Bank of Communications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,048.28 -788.16 -883.57 -902.78 -1,269.93

Bank of Communications Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -355.03 -291.05 33.50 -229.08 -792.78

Bank of Communications Co Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,279 Mil.

* 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.

Bank of Communications Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Communications Co Ltd (OTCPK:BCMXY) » Definitions » Tax Provision
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Traded in Other Exchanges
BKFCF:USA 03328:Hong Kong C4C:Germany 601328:China
Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Website
https://www.bankcomm.com
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.It operates a comprehensive financial services platform that includes corporate finance, personal finance, and money market operations. Bocom is known for its strategic importance in the process of RMB internationalization, particularly with its role as one of the first banks involved in the Cross-Border Interbank Payment System, or CIPS.