BFL (BankFlorida) Tax Rate %: 22.62% (As of Sep. 2018)

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What is BankFlorida Tax Rate %?

BankFlorida BFL Tax Rate % is 22.62% as of Sep. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BankFlorida's Tax Expense for the three months ended in Sep. 2018 was $-0.02 Mil. BankFlorida's Pre-Tax Income for the three months ended in Sep. 2018 was $-0.08 Mil. Therefore, BankFlorida's Tax Rate % for the quarter that ended in Sep. 2018 was 22.62%.

BankFlorida Tax Rate % Related Terms

BankFlorida Tax Rate % Historical Data

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The historical data trend for BankFlorida'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.

BankFlorida Tax Rate % Chart

BankFlorida Annual Data

Trend

Dec16

Dec17

Tax Rate %

0.00

786.67

BankFlorida Quarterly Data
	Dec16	Sep17	Dec17	Sep18
Tax Rate %	0.00	34.85	-9.70	22.62

BankFlorida Tax Rate % Calculation

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

BankFlorida's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2017 )	/	Pre-Tax Income (A: Dec. 2017 )
	=	-0.236	/	-0.03
	=	786.67 %

BankFlorida's Tax Rate % for the quarter that ended in Sep. 2018 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2018 )	/	Pre-Tax Income (Q: Sep. 2018 )
	=	-0.019	/	-0.084
	=	22.62 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 22.62% mean?

BankFlorida (BFL) has a Tax Rate % of 22.62% as of Sep. 2018.

Is BankFlorida's Tax Rate % too high?

BankFlorida's current Tax Rate % is 22.62%.

How does BankFlorida's Tax Rate % compare to ?

BankFlorida's Tax Rate % is 22.62%. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Rate % for a company?

A good Tax Rate % depends on the industry context. However, Tax Rate % 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 Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. BankFlorida's current Tax Rate % is 22.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BankFlorida stock overvalued right now?

BankFlorida (BFL) has a current Tax Rate % of 22.62%. The current Tax Rate % is 22.62%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For BankFlorida (BFL), the current Tax Rate % is 22.62% as of Sep. 2018. 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.

BankFlorida Business Description

Industry

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