Commerzbank AG (Commerzbank AG) Tax Rate % : 30.85% (As of Dec. 2023)

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What is Commerzbank AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Commerzbank AG's Tax Expense for the three months ended in Dec. 2023 was $181 Mil. Commerzbank AG's Pre-Tax Income for the three months ended in Dec. 2023 was $587 Mil. Therefore, Commerzbank AG's Tax Rate % for the quarter that ended in Dec. 2023 was 30.85%.

Commerzbank AG Tax Rate % Historical Data

The historical data trend for Commerzbank AG'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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Commerzbank AG Tax Rate % Chart

Commerzbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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37.46

-10.05

-236.19

30.52

34.91

Commerzbank AG 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															-8.40	32.03	38.19	36.52	30.85

Commerzbank AG Tax Rate % Calculation

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

Commerzbank AG'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 )
	=	1295.529	/	3711.014
	=	34.91 %

Commerzbank AG'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 )
	=	181.025	/	586.696
	=	30.85 %

Commerzbank AG Tax Rate % Related Terms

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Commerzbank AG (Commerzbank AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerzbank AG (OTCPK:CRZBF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CRZBY:USA CBKN:Romania CBK:Italy COMMERZBANK:Hungary CBKd:UK 0RLW:UK CBK:Germany

Address

Kaiserplatz, Frankfurt, HE, DEU, 60261

Website

https://www.commerzbank.com

Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG (Commerzbank AG) Headlines

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