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CNBN (CNB Bancshares) Tax Rate % : 23.87% (As of Sep. 2024)


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What is CNB Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CNB Bancshares's Tax Expense for the three months ended in Sep. 2024 was $1.07 Mil. CNB Bancshares's Pre-Tax Income for the three months ended in Sep. 2024 was $4.46 Mil. Therefore, CNB Bancshares's Tax Rate % for the quarter that ended in Sep. 2024 was 23.87%.

CNB Bancshares Tax Rate % Historical Data

The historical data trend for CNB Bancshares'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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CNB Bancshares Tax Rate % Chart

CNB Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 24.88 20.97 19.75 20.99 23.32

CNB Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.28 23.88 23.46 22.84 23.87

CNB Bancshares Tax Rate % Calculation

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

CNB Bancshares'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 )
=4.574/19.616
=23.32 %

CNB Bancshares's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1.065/4.462
=23.87 %

* 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.

CNB Bancshares Tax Rate % Related Terms

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CNB Bancshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Bancshares Inc (OTCPK:CNBN) » Definitions » Tax Rate %
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CHBH DIMC CMTV BSBK WRIV SFDL BEOB MGYR FNWB ENBP NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN
Traded in Other Exchanges
N/A
Address
450 West Side Square, Carlinville, IL, USA, 62626
Website
https://www.cnbil.com
CNB Bancshares Inc is a United States-based company engaged in the provision of a full range of banking services to individual and corporate customers throughout South-Central Illinois, Suburban Southwestern Chicago, and the St. Louis metropolitan area. It carries the business through its wholly-owned subsidiary bank. The services offered include checking, savings accounts, loans and credits, trust and estate services, and farm management, among others.

CNB Bancshares Headlines

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