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CFG Bank (CAS:CFG) Tax Rate % : 20.77% (As of Dec. 2024)


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What is CFG Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CFG Bank's Tax Expense for the six months ended in Dec. 2024 was MAD110 Mil. CFG Bank's Pre-Tax Income for the six months ended in Dec. 2024 was MAD530 Mil. Therefore, CFG Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 20.77%.

CFG Bank Tax Rate % Historical Data

The historical data trend for CFG Bank'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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CFG Bank Tax Rate % Chart

CFG Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
1,566.67 36.73 31.92 8.59 18.49

CFG Bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Tax Rate % Get a 7-Day Free Trial 31.92 20.41 -1.41 15.11 20.77

CFG Bank Tax Rate % Calculation

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

CFG Bank'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 )
=164.258/888.372
=18.49 %

CFG Bank'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 )
=110.114/530.157
=20.77 %

* 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.

CFG Bank Tax Rate % Related Terms

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CFG Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CFG Bank (CAS:CFG) » Definitions » Tax Rate %
Comparable Companies
CAS:BCI CAS:CDM CAS:CIH CAS:MLE JPM SHSE:601398 BAC SHSE:601288 WFC SHSE:601939 SHSE:601988 LSE:HSBA TSE:8306 TSX:RY ASX:CBA C TSX:TD XMAD:SAN TSE:8316 XSWX:UBSG
Traded in Other Exchanges
N/A
Address
5/7 Rue Ibnou Toufail, Casablanca, MAR
Website
https://www.cfgbank.com
CFG Bank is a financial services company which has organized itself around of the four main business lines of investment banking: corporate finance, stock market, asset management on behalf of third parties, investment capital.