AAVMY (ABN AMRO Bank NV) Tax Rate % : 29.71% (As of Jun. 2024)

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What is ABN AMRO Bank NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ABN AMRO Bank NV's Tax Expense for the three months ended in Jun. 2024 was $292 Mil. ABN AMRO Bank NV's Pre-Tax Income for the three months ended in Jun. 2024 was $982 Mil. Therefore, ABN AMRO Bank NV's Tax Rate % for the quarter that ended in Jun. 2024 was 29.71%.

ABN AMRO Bank NV Tax Rate % Historical Data

The historical data trend for ABN AMRO Bank NV'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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ABN AMRO Bank NV Tax Rate % Chart

ABN AMRO Bank NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.66

112.64

32.86

21.42

23.90

ABN AMRO Bank NV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															24.68	24.50	17.67	28.07	29.71

ABN AMRO Bank NV Tax Rate % Calculation

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

ABN AMRO Bank NV's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	923.664	/	3864.776
	=	23.90 %

ABN AMRO Bank NV's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	291.712	/	981.701
	=	29.71 %

ABN AMRO Bank NV Tax Rate % Related Terms

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ABN AMRO Bank NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABN AMRO Bank NV (OTCPK:AAVMY) » Definitions » Tax Rate %

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Traded in Other Exchanges

ABMRF:USA ABN:Netherlands ABNa:UK 0RDM:UK AB2:Germany ABN:Austria

Address

Gustav Mahlerlaan 10, PO Box 283, Amsterdam, NLD, 1082 PP

Website

https://www.abnamro.com

ABN Amro Bank is a Dutch bank, and the Netherlands accounts for around 90% of its operating profit. Operationally, retail and commercial banking contributes the majority of its operating profit, while ABN Amro continues to reduce its exposure to corporate and investment banking. It views private banking as one of its key growth areas.