ConnectOne Bancorp (FRA:CBM) Tax Rate % : 25.47% (As of Mar. 2024)

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What is ConnectOne Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ConnectOne Bancorp's Tax Expense for the three months ended in Mar. 2024 was €5.4 Mil. ConnectOne Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €21.2 Mil. Therefore, ConnectOne Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 25.47%.

ConnectOne Bancorp Tax Rate % Historical Data

The historical data trend for ConnectOne Bancorp'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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ConnectOne Bancorp Tax Rate % Chart

ConnectOne Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.94

21.13

25.54

26.87

25.61

ConnectOne Bancorp 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															26.69	25.79	25.24	24.38	25.47

ConnectOne Bancorp Tax Rate % Calculation

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

ConnectOne Bancorp'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 )
	=	27.469	/	107.25
	=	25.61 %

ConnectOne Bancorp'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 )
	=	5.408	/	21.236
	=	25.47 %

ConnectOne Bancorp Tax Rate % Related Terms

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ConnectOne Bancorp (FRA:CBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ConnectOne Bancorp Inc (FRA:CBM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CNOB:USA

Address

301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632

Website

https://www.connectonebank.com

ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.

ConnectOne Bancorp (FRA:CBM) Headlines

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