Banco Mercantil do Brasil (BSP:BMEB4) Tax Rate % : 78.56% (As of Dec. 2024)

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What is Banco Mercantil do Brasil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Mercantil do Brasil's Tax Expense for the three months ended in Dec. 2024 was R$-143 Mil. Banco Mercantil do Brasil's Pre-Tax Income for the three months ended in Dec. 2024 was R$-181 Mil. Therefore, Banco Mercantil do Brasil's Tax Rate % for the quarter that ended in Dec. 2024 was 78.56%.

Banco Mercantil do Brasil Tax Rate % Historical Data

The historical data trend for Banco Mercantil do Brasil'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 Mercantil do Brasil Tax Rate % Chart

Banco Mercantil do Brasil Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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21.99

-40.79

24.05

19.78

11.28

Banco Mercantil do Brasil Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															6.30	31.88	30.33	20.09	78.56

Banco Mercantil do Brasil Tax Rate % Calculation

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

Banco Mercantil do Brasil's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	64.907	/	575.525
	=	11.28 %

Banco Mercantil do Brasil's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-142.51	/	-181.393
	=	78.56 %

Banco Mercantil do Brasil Tax Rate % Related Terms

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Banco Mercantil do Brasil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Mercantil do Brasil SA (BSP:BMEB4) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BMEB3:Brazil

Address

R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912

Website

http://www.mercantildobrasil.com.br

Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.

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