Banco Guayaquil (Banco Guayaquil) Tax Rate % : 32.57% (As of Mar. 2023)

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What is Banco Guayaquil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Guayaquil's Tax Expense for the three months ended in Mar. 2023 was $15.60 Mil. Banco Guayaquil's Pre-Tax Income for the three months ended in Mar. 2023 was $47.90 Mil. Therefore, Banco Guayaquil's Tax Rate % for the quarter that ended in Mar. 2023 was 32.57%.

Banco Guayaquil Tax Rate % Historical Data

The historical data trend for Banco Guayaquil'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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Banco Guayaquil Tax Rate % Chart

Banco Guayaquil Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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36.07

25.89

22.41

14.89

17.99

Banco Guayaquil Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Tax Rate %	Get a 7-Day Free Trial															41.56	44.69	40.98	-66.68	32.57

Banco Guayaquil Tax Rate % Calculation

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

Banco Guayaquil's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	29.456	/	163.767
	=	17.99 %

Banco Guayaquil's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2023 )	/	Pre-Tax Income (Q: Mar. 2023 )
	=	15.602	/	47.896
	=	32.57 %

Banco Guayaquil Tax Rate % Related Terms

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Banco Guayaquil (Banco Guayaquil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Guayaquil SA (OTCPK:BGYQY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GYL:Ecuador

Address

Boulevard 9 de Octubre Agency, Guayaquil, ECU

Website

https://www.bancoguayaquil.com

Banco Guayaquil SA provides corporate banking services, including current accounts, export and import financing, letter of credit, and bank guarantees; and personal banking services comprising savings accounts, debit cards, multicredit, and others.

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