CTBK (City Bank) Tax Provision: $46.10 Mil (TTM As of Jun. 2009)

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What is City Bank Tax Provision?

City Bank CTBK -99.00% Tax Provision is $46.10 Mil as of Jun. 2009.

City Bank's tax provision for the three months ended in Jun. 2009 was $1.15 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2009 was $46.10 Mil.

City Bank Tax Provision Historical Data

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The historical data trend for City Bank'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.

City Bank Tax Provision Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.17 -12.58 -20.60 -22.94 32.71

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 -4.04 5.87 34.92 4.15 1.15

City Bank Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $46.10 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 $46.10 Mil mean?
City Bank (CTBK) has a Tax Provision of $46.10 Mil as of Jun. 2009. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on City Bank and its competitors.
Is City Bank's Tax Provision too high?
City Bank's current Tax Provision is $46.10 Mil.
How does City Bank's Tax Provision compare to VSBN and FSBC?
City Bank's Tax Provision of $46.10 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 City Bank and its competitors. City Bank's current Tax Provision is $46.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Bank stock overvalued right now?
City Bank (CTBK) has a current Tax Provision of $46.10 Mil. The current Tax Provision is $46.10 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 City Bank (CTBK), the current Tax Provision is $46.10 Mil as of Jun. 2009. 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.

City Bank Business Description

Address 5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.