Banca Ifis (CHIX:IFM) Tax Rate % : 30.25% (As of Dec. 2023)

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What is Banca Ifis Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banca Ifis's Tax Expense for the three months ended in Dec. 2023 was €15.5 Mil. Banca Ifis's Pre-Tax Income for the three months ended in Dec. 2023 was €51.3 Mil. Therefore, Banca Ifis's Tax Rate % for the quarter that ended in Dec. 2023 was 30.25%.

Banca Ifis Tax Rate % Historical Data

The historical data trend for Banca Ifis'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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Banca Ifis Tax Rate % Chart

Banca Ifis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.94

24.75

31.74

33.01

31.84

Banca Ifis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															35.54	32.28	32.28	32.28	30.25

Banca Ifis Tax Rate % Calculation

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

Banca Ifis'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 )
	=	75.641	/	237.557
	=	31.84 %

Banca Ifis's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	15.521	/	51.312
	=	30.25 %

Banca Ifis Tax Rate % Related Terms

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Banca Ifis (CHIX:IFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Ifis (CHIX:IFm) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IF:Italy 0NBX:UK 0I6:Germany

Address

Via Terraglio, 63, Mestre, Venice, ITA, 30174

Website

https://www.bancaifis.it

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.

Banca Ifis (CHIX:IFM) Headlines

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