Banco Pine (BSP:PINE3) Tax Rate %: 28.36% (As of Mar. 2026)

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BSP:PINE3 Banco Pine SA BSP:PINE3
70 GF Score
Price R$12.90
GF Value R$12.83
Valuation Fairly Valued
! 2 Warning Signs
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What is Banco Pine Tax Rate %?

Banco Pine BSP:PINE3 +0.47% 70 Tax Rate % is 28.36% as of Mar. 2026. GuruFocus rates BSP:PINE3 with a GF Score™ of 70/100 and a GF Value™ of R$12.83 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Pine's Tax Expense for the three months ended in Mar. 2026 was R$68 Mil. Banco Pine's Pre-Tax Income for the three months ended in Mar. 2026 was R$241 Mil. Therefore, Banco Pine's Tax Rate % for the quarter that ended in Mar. 2026 was 28.36%.

Banco Pine Tax Rate % Related Terms

Banco Pine Tax Rate % Historical Data

* Premium members only.

The historical data trend for Banco Pine'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.

Banco Pine Tax Rate % Chart

Banco Pine Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.74 30.07 24.86 12.66 20.06

Banco Pine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.75 27.92 27.83 6.78 28.36
BSP:PINE3
70GF Score
Banco Pine SA BSP:PINE3
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Pine Tax Rate % Calculation

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

Banco Pine's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=142.326/709.542
=20.06 %

Banco Pine's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=68.251/240.701
=28.36 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 28.36% mean?
Banco Pine (BSP:PINE3) has a Tax Rate % of 28.36% as of Mar. 2026.
Is Banco Pine's Tax Rate % too high?
Banco Pine's current Tax Rate % is 28.36%. Overall, Banco Pine has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco Pine's Tax Rate % compare to competitors?
Banco Pine's Tax Rate % of 28.36% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Banco Pine's current Tax Rate % is 28.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Pine stock overvalued right now?
Based on GuruFocus' analysis, Banco Pine (BSP:PINE3) is currently considered Fairly Valued. The stock's GF Value™ is R$12.83, compared to a current price of R$12.90 — trading 0.5% above its estimated fair value. The current Tax Rate % is 28.36%. Banco Pine's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Banco Pine (BSP:PINE3), the current Tax Rate % is 28.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Pine (BSP:PINE3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Pine stock appears to be overvalued. The current stock price of R$12.90 is trading 0.5% above its estimated GF Value™ of R$12.83. GuruFocus considers Banco Pine to be Fairly Valued.

Key valuation signals for BSP:PINE3:

  • Tax Rate %: 28.36%
  • GF Value™: R$12.83 vs. price of R$12.90 (0.5% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the BSP:PINE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Banco Pine Business Description

Other Exchanges PINE4:Brazil
Address Avenida Presidente Juscelino Kubitschek, n° 1.830 - 4th Floor, Itaim Bibi, Pinheiros, SP, BRA, 4543900
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.
70GF Score

Get the complete analysis for BSP:PINE3

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$12.90
Price
R$12.83
GF Value