Banca Mediolanum (Banca Mediolanum) Tax Rate % : 24.07% (As of Sep. 2023)

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What is Banca Mediolanum Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banca Mediolanum's Tax Expense for the three months ended in Sep. 2023 was $71 Mil. Banca Mediolanum's Pre-Tax Income for the three months ended in Sep. 2023 was $294 Mil. Therefore, Banca Mediolanum's Tax Rate % for the quarter that ended in Sep. 2023 was 24.07%.

Banca Mediolanum Tax Rate % Historical Data

The historical data trend for Banca Mediolanum'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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Banca Mediolanum Tax Rate % Chart

Banca Mediolanum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.49

18.25

19.92

21.13

22.99

Banca Mediolanum Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															21.33	24.27	23.42	24.07	20.75

Banca Mediolanum Tax Rate % Calculation

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

Banca Mediolanum'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 )
	=	148.075	/	700.833
	=	21.13 %

Banca Mediolanum's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	70.652	/	293.534
	=	24.07 %

Banca Mediolanum Tax Rate % Related Terms

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Banca Mediolanum (Banca Mediolanum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Mediolanum (OTCPK:BNCDY) » Definitions » Tax Rate %

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Traded in Other Exchanges

BNMDF:USA BMED:Italy 0RDO:UK ME1:Germany

Address

Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080

Website

http://www.mediolanum.it

Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

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