Virginia National Bankshares (FRA:71F) Tax Rate % : 15.53% (As of Mar. 2024)

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What is Virginia National Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Virginia National Bankshares's Tax Expense for the three months ended in Mar. 2024 was €0.62 Mil. Virginia National Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was €3.97 Mil. Therefore, Virginia National Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 was 15.53%.

Virginia National Bankshares Tax Rate % Historical Data

The historical data trend for Virginia National Bankshares'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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Virginia National Bankshares Tax Rate % Chart

Virginia National Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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18.58

20.56

15.49

17.89

17.23

Virginia National Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															18.16	18.37	15.04	16.57	15.53

Virginia National Bankshares Tax Rate % Calculation

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

Virginia National Bankshares'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 )
	=	3.677	/	21.341
	=	17.23 %

Virginia National Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.617	/	3.972
	=	15.53 %

Virginia National Bankshares Tax Rate % Related Terms

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Virginia National Bankshares (FRA:71F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Virginia National Bankshares Corp (FRA:71F) » Definitions » Tax Rate %

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VABK:USA

Address

404 People Place, Charlottesville, VA, USA, 22911

Website

http://www.vnbcorp.com

Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.

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