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BMA (Banco Macro) Tax Rate % : 24.43% (As of Sep. 2024)


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What is Banco Macro Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Macro's Tax Expense for the three months ended in Sep. 2024 was $31 Mil. Banco Macro's Pre-Tax Income for the three months ended in Sep. 2024 was $127 Mil. Therefore, Banco Macro's Tax Rate % for the quarter that ended in Sep. 2024 was 24.43%.


Banco Macro Tax Rate % Historical Data

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

Banco Macro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.45 33.28 4.93 31.06 32.45

Banco Macro 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 60.51 31.83 24.54 36.83 24.43

Banco Macro Tax Rate % Calculation

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

Banco Macro'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 )
=782.053/2409.962
=32.45 %

Banco Macro'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 )
=31.062/127.138
=24.43 %

* 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.


Banco Macro Tax Rate % Related Terms

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Banco Macro Business Description

Traded in Other Exchanges
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.

Banco Macro Headlines