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Coastal Financial (FRA:1VD) Tax Rate % : 22.80% (As of Jun. 2024)


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What is Coastal Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coastal Financial's Tax Expense for the three months ended in Jun. 2024 was €3.2 Mil. Coastal Financial's Pre-Tax Income for the three months ended in Jun. 2024 was €14.0 Mil. Therefore, Coastal Financial's Tax Rate % for the quarter that ended in Jun. 2024 was 22.80%.

Coastal Financial Tax Rate % Historical Data

The historical data trend for Coastal Financial'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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Coastal Financial Tax Rate % Chart

Coastal Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 20.77 20.87 21.44 19.75 21.97

Coastal Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 23.10 21.33 24.01 21.98 22.80

Coastal Financial Tax Rate % Calculation

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

Coastal Financial'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 )
=11.512/52.391
=21.97 %

Coastal Financial's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=3.182/13.955
=22.80 %

* 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.

Coastal Financial Tax Rate % Related Terms

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Coastal Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (FRA:1VD) » Definitions » Tax Rate %
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Traded in Other Exchanges
CCB:USA
Address
5415 Evergreen Way, Everett, WA, USA, 98203
Website
https://www.coastalbank.com
Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.

Coastal Financial Headlines

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