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BMBN (Benchmark Bankshares) Tax Rate % : 20.26% (As of Jun. 2024)


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What is Benchmark Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Benchmark Bankshares's Tax Expense for the three months ended in Jun. 2024 was $0.93 Mil. Benchmark Bankshares's Pre-Tax Income for the three months ended in Jun. 2024 was $4.60 Mil. Therefore, Benchmark Bankshares's Tax Rate % for the quarter that ended in Jun. 2024 was 20.26%.

Benchmark Bankshares Tax Rate % Historical Data

The historical data trend for Benchmark Bankshares'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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Benchmark Bankshares Tax Rate % Chart

Benchmark Bankshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.15 18.76 18.83 19.36 19.75

Benchmark Bankshares Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 20.51 20.18 19.42 20.21 20.26

Benchmark Bankshares Tax Rate % Calculation

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

Benchmark Bankshares'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 )
=3.258/16.497
=19.75 %

Benchmark Bankshares'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 )
=0.932/4.601
=20.26 %

* 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.

Benchmark Bankshares Tax Rate % Related Terms

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Benchmark Bankshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » Tax Rate %
Comparable Companies
CWBK RBKB BSBK SRBK PROV FNWB BNCC BEOB SBKO BKUT NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 NSE:SBIN ISX:BBCA SGX:D05 XPAR:BNP MIL:ISP USB
Traded in Other Exchanges
N/A
Address
100 South Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Website
https://www.bcbonline.com
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium-sized businesses through offices located in Virginia and North Carolina. The bank provides personal accounts services, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit card facilities, and other services.

Benchmark Bankshares Headlines

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