Citba Financial (Citba Financial) Tax Rate % : 2.87% (As of Mar. 2024)

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What is Citba Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Citba Financial's Tax Expense for the three months ended in Mar. 2024 was $0.03 Mil. Citba Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $0.91 Mil. Therefore, Citba Financial's Tax Rate % for the quarter that ended in Mar. 2024 was 2.87%.

Citba Financial Tax Rate % Historical Data

The historical data trend for Citba Financial'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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Citba Financial Tax Rate % Chart

Citba Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.96

21.09

19.60

16.84

12.27

Citba Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															16.18	13.28	5.96	9.18	2.87

Citba Financial Tax Rate % Calculation

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

Citba Financial's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.769	/	6.268
	=	12.27 %

Citba Financial's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.026	/	0.906
	=	2.87 %

Citba Financial Tax Rate % Related Terms

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Citba Financial (Citba Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citba Financial Corp (OTCPK:CBAF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 North Indiana Street, Mooresville, IN, USA, 46158

Website

https://www.citizens-banking.com

Citba Financial Corp is a financial service provider. It functions through its wholly-owned subsidiary. The company is a bank holding company whose principal activity is the ownership and management of the Bank. It operates under a state bank charter and provides full banking services including personal and business banking facilities such as banking, checking, savings, business checking, business saving, and commercial loans. The Bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in the United States. The Company generates revenues from Deposit Services and Card Services Income.

Citba Financial (Citba Financial) Headlines

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