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Spar Nord Bank AS (CHIX:SPNOC) Tax Rate % : 22.69% (As of Dec. 2024)


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What is Spar Nord Bank AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Spar Nord Bank AS's Tax Expense for the three months ended in Dec. 2024 was kr130 Mil. Spar Nord Bank AS's Pre-Tax Income for the three months ended in Dec. 2024 was kr573 Mil. Therefore, Spar Nord Bank AS's Tax Rate % for the quarter that ended in Dec. 2024 was 22.69%.

Spar Nord Bank AS Tax Rate % Historical Data

The historical data trend for Spar Nord Bank AS'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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Spar Nord Bank AS Tax Rate % Chart

Spar Nord Bank AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 19.58 18.09 22.92 23.54

Spar Nord Bank AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.97 23.60 22.55 25.03 22.69

Spar Nord Bank AS Tax Rate % Calculation

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

Spar Nord Bank AS'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 )
=684/2906
=23.54 %

Spar Nord Bank AS'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 )
=130/573
=22.69 %

* 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.

Spar Nord Bank AS Tax Rate % Related Terms

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Spar Nord Bank AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank AS (CHIX:SPNOc) » Definitions » Tax Rate %
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Traded in Other Exchanges
0JH4:UK SPNO:Denmark
Address
Skelagervej 15, Aalborg, DNK, 9100
Website
https://www.sparnord.com
Spar Nord Bank AS is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's pioneers emphasizes personalization and financial technology. Almost all of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, notably financial services, real estate, trade, and agriculture, hunting, and forestry.

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