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Canandaigua National (Canandaigua National) Tax Rate % : 22.00% (As of Dec. 2018)


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What is Canandaigua National Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canandaigua National's Tax Expense for the six months ended in Dec. 2018 was $10.1 Mil. Canandaigua National's Pre-Tax Income for the six months ended in Dec. 2018 was $46.0 Mil. Therefore, Canandaigua National's Tax Rate % for the quarter that ended in Dec. 2018 was 22.00%.

Canandaigua National Tax Rate % Historical Data

The historical data trend for Canandaigua National'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.

* Premium members only.

Canandaigua National Tax Rate % Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.66 33.96 34.79 43.25 22.00

Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 33.66 33.96 34.79 43.25 22.00

Canandaigua National Tax Rate % Calculation

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

Canandaigua National's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=10.131/46.048
=22.00 %

Canandaigua National's Tax Rate % for the quarter that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2018 )/Pre-Tax Income (Q: Dec. 2018 )
=10.131/46.048
=22.00 %

* 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.

Canandaigua National Tax Rate % Related Terms

Thank you for viewing the detailed overview of Canandaigua National's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Canandaigua National (Canandaigua National) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canandaigua National Corp (OTCPK:CNND) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Website
https://www.cnbank.com
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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