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

Banco Bmg (BSP:BMGB4) Tax Rate % : -86.65% (As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

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 Jun. 2023 was R$-21 Mil. Banco Bmg's Pre-Tax Income for the three months ended in Jun. 2023 was R$25 Mil. Therefore, Banco Bmg's Tax Rate % for the quarter that ended in Jun. 2023 was -86.65%.

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.

* Premium members only.

Banco Bmg Tax Rate % Chart

Banco Bmg Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial 43.06 -169.16 12.54 390.88 126.03

Banco Bmg Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 99.89 101.88 297.56 308.76 -86.65

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. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=-316.404/-251.054
=126.03 %

Banco Bmg's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=-21.345/24.635
=-86.65 %

* 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 Bmg Tax Rate % Related Terms

Thank you for viewing the detailed overview of Banco Bmg's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Banco Bmg (BSP:BMGB4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bmg SA (BSP:BMGB4) » Definitions » Tax Rate %
Comparable Companies
BSP:BMEB3 BSP:BRIV3 BSP:PINE3 BSP:BGIP3 BSP:BMIN3 BSP:BEES3 BSP:ABCB4 BSP:BAZA3 BSP:BRSR3 BSP:BSLI3 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitscheck, 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, CEP 04543-900
Website
https://www.bancobmg.com.br
Banco Bmg SA BMG 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. The majority of the revenue is generated from the retail banking segment.

Banco Bmg (BSP:BMGB4) Headlines

No Headlines