Banco de Venezuela (CAR:BVL) Tax Provision: VES-288 Mil (TTM As of Dec. 2013)

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What is Banco de Venezuela Tax Provision?

Banco de Venezuela CAR:BVL +0.61% Tax Provision is VES-288 Mil as of Dec. 2013.

Banco de Venezuela's tax provision for the six months ended in Dec. 2013 was VES-87 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2013 was VES-288 Mil.

Banco de Venezuela Tax Provision Historical Data

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The historical data trend for Banco de Venezuela'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.

Banco de Venezuela Tax Provision Chart

Banco de Venezuela Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Tax Provision
-1.98 -4.44 -102.82 -288.47

Banco de Venezuela Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Tax Provision Get a 7-Day Free Trial -2.03 -1.42 -101.41 -201.79 -86.68

Banco de Venezuela Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES-288 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of VES-288 Mil mean?
Banco de Venezuela (CAR:BVL) has a Tax Provision of VES-288 Mil as of Dec. 2013. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Tax Provision too high?
Banco de Venezuela's current Tax Provision is VES-288 Mil.
How does Banco de Venezuela's Tax Provision compare to ARST?
Banco de Venezuela's Tax Provision of VES-288 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Banco de Venezuela and its competitors. Banco de Venezuela's current Tax Provision is VES-288 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Tax Provision of VES-288 Mil. The current Tax Provision is VES-288 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Banco de Venezuela (CAR:BVL), the current Tax Provision is VES-288 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco de Venezuela Business Description

Address Av University in Society Traposos, Torre Banco de Venezuela, Caracas, VEN
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.