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BanColombia (FRA:BXK) Tax Rate % : 29.20% (As of Mar. 2024)


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What is BanColombia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BanColombia's Tax Expense for the three months ended in Mar. 2024 was €163 Mil. BanColombia's Pre-Tax Income for the three months ended in Mar. 2024 was €558 Mil. Therefore, BanColombia's Tax Rate % for the quarter that ended in Mar. 2024 was 29.20%.

BanColombia Tax Rate % Historical Data

The historical data trend for BanColombia'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.

BanColombia Tax Rate % Chart

BanColombia 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 28.21 -2.13 29.68 28.20 23.72

BanColombia 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 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 24.97 22.32 22.70 24.63 29.20

BanColombia Tax Rate % Calculation

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

BanColombia'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 )
=442.449/1865.335
=23.72 %

BanColombia'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 )
=162.847/557.733
=29.20 %

* 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.

BanColombia Tax Rate % Related Terms

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BanColombia (FRA:BXK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BanColombia SA (FRA:BXK) » Definitions » Tax Rate %
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BOG:GRUPOAVAL BOG:BHI BOG:BOGOTA BOG:PFDAVVNDA BOG:BBVACOL BOG:OCCIDENTE BOG:POPULAR BOG:VILLAS NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP USB MIL:UCG
Traded in Other Exchanges
CIB:USA PFBCOLOM:Columbia BCOLOMBIA:Columbia
Address
Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL
Website
https://www.grupobancolombia.com
BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company's operations are in Colombia, Panama, Costa Rica, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala.

BanColombia (FRA:BXK) Headlines

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