Danske Bank A/S (CHIX:DANSKC) Tax Rate % : 25.12% (As of Mar. 2024)

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What is Danske Bank A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Danske Bank A/S's Tax Expense for the three months ended in Mar. 2024 was kr1,888 Mil. Danske Bank A/S's Pre-Tax Income for the three months ended in Mar. 2024 was kr7,517 Mil. Therefore, Danske Bank A/S's Tax Rate % for the quarter that ended in Mar. 2024 was 25.12%.

Danske Bank A/S Tax Rate % Historical Data

The historical data trend for Danske Bank A/S'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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Danske Bank A/S Tax Rate % Chart

Danske Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-9.04

27.20

22.03

-169.89

20.31

Danske Bank A/S 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															25.70	16.73	17.85	20.32	25.12

Danske Bank A/S Tax Rate % Calculation

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

Danske Bank A/S'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 )
	=	5420	/	26682
	=	20.31 %

Danske Bank A/S'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 )
	=	1888	/	7517
	=	25.12 %

Danske Bank A/S Tax Rate % Related Terms

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Danske Bank A/S (CHIX:DANSKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank A/S (CHIX:DANSKc) » Definitions » Tax Rate %

Traded in Other Exchanges

DNSKF:USA DNKEY:USA 0NVC:UK DANSKE:Denmark DSN:Germany DANS:Austria

Address

Holmens Kanal 2-12, Copenhagen, DNK, DK-1092

Website

https://www.danskebank.com

Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

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