Banco Bmg (BSP:BMGB4) Tax Rate % : 72.13% (As of Dec. 2024)

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What is Banco Bmg Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Bmg's Tax Expense for the three months ended in Dec. 2024 was R$-272 Mil. Banco Bmg's Pre-Tax Income for the three months ended in Dec. 2024 was R$-378 Mil. Therefore, Banco Bmg's Tax Rate % for the quarter that ended in Dec. 2024 was 72.13%.

Banco Bmg Tax Rate % Historical Data

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

Banco Bmg Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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12.54

390.88

126.03

-103.34

-129.12

Banco Bmg 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															-53.25	-37.46	43.86	18.80	72.13

Banco Bmg Tax Rate % Calculation

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

Banco Bmg'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 )
	=	-157.428	/	121.921
	=	-129.12 %

Banco Bmg'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 )
	=	-272.335	/	-377.554
	=	72.13 %

Banco Bmg Tax Rate % Related Terms

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Banco Bmg Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bmg SA (BSP:BMGB4) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Avenida Presidente Juscelino Kubitscheck, No. 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-900

Website

https://www.bancobmg.com.br

Banco Bmg SA formerly is a Brazilian company that operates as a multiple-service bank with commercial and credit, financing and investment portfolios. The company operates in three segments: Retail Banking, Wholesale Banking and Insurance.

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