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DB (Deutsche Bank AG) Tax Rate % : 26.39% (As of Sep. 2024)


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What is Deutsche Bank AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Deutsche Bank AG's Tax Expense for the three months ended in Sep. 2024 was $663 Mil. Deutsche Bank AG's Pre-Tax Income for the three months ended in Sep. 2024 was $2,511 Mil. Therefore, Deutsche Bank AG's Tax Rate % for the quarter that ended in Sep. 2024 was 26.39%.

Deutsche Bank AG Tax Rate % Historical Data

The historical data trend for Deutsche Bank 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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Deutsche Bank AG Tax Rate % Chart

Deutsche Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -99.85 38.88 25.96 -1.14 13.86

Deutsche Bank AG 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 30.30 -104.73 28.73 87.10 26.39

Deutsche Bank AG Tax Rate % Calculation

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

Deutsche Bank 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 )
=858.233/6191.93
=13.86 %

Deutsche Bank AG'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 )
=662.597/2510.544
=26.39 %

* 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.

Deutsche Bank AG Tax Rate % Related Terms

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Deutsche Bank AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Deutsche Bank AG (NYSE:DB) » Definitions » Tax Rate %
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Traded in Other Exchanges
DBK:Romania DB:Mexico 1DBK:Italy DEUTSCHEBANK:Hungary DBKd:UK 0H7D:UK DBK:Germany DBK:Germany DBK:Germany DBK:Germany DBK:Czech Republic DBAG34:Brazil DBK:Bulgaria
Address
Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Website
https://www.db.com
Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.
Executives
Mayree Clark Supervisory Board