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AMBZ (American Business Bank) Tax Rate % : 28.11% (As of Sep. 2024)


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What is American Business Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Business Bank's Tax Expense for the three months ended in Sep. 2024 was $4.2 Mil. American Business Bank's Pre-Tax Income for the three months ended in Sep. 2024 was $15.0 Mil. Therefore, American Business Bank's Tax Rate % for the quarter that ended in Sep. 2024 was 28.11%.

American Business Bank Tax Rate % Historical Data

The historical data trend for American Business Bank'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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American Business Bank Tax Rate % Chart

American Business Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.22 26.52 25.85 27.00 27.59

American Business Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 28.18 27.55 27.85 28.05 28.11

American Business Bank Tax Rate % Calculation

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

American Business Bank'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 )
=16.748/60.714
=27.59 %

American Business Bank's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=4.215/14.995
=28.11 %

* 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.

American Business Bank Tax Rate % Related Terms

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American Business Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » American Business Bank (OTCPK:AMBZ) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
400 South Hope Street, Suite 300, Los Angeles, CA, USA, 90071
Website
https://www.americanbb.bank
American Business Bank provides financial services to small and medium-sized businesses. The bank is focused on Business banking. The Bank's revenues are derived from interest on loans, investments, and other fees.