Ringkjoebing Landbobank AS (FRA:CJ2) Tax Rate % : 26.21% (As of Dec. 2024)

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What is Ringkjoebing Landbobank AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ringkjoebing Landbobank AS's Tax Expense for the three months ended in Dec. 2024 was €25.3 Mil. Ringkjoebing Landbobank AS's Pre-Tax Income for the three months ended in Dec. 2024 was €96.5 Mil. Therefore, Ringkjoebing Landbobank AS's Tax Rate % for the quarter that ended in Dec. 2024 was 26.21%.

Ringkjoebing Landbobank AS Tax Rate % Historical Data

The historical data trend for Ringkjoebing Landbobank AS'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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Ringkjoebing Landbobank AS Tax Rate % Chart

Ringkjoebing Landbobank AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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19.63

20.08

20.49

24.02

25.03

Ringkjoebing Landbobank AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															24.36	24.09	24.99	24.97	26.21

Ringkjoebing Landbobank AS Tax Rate % Calculation

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

Ringkjoebing Landbobank AS's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	103.019	/	411.539
	=	25.03 %

Ringkjoebing Landbobank AS's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	25.297	/	96.511
	=	26.21 %

Ringkjoebing Landbobank AS Tax Rate % Related Terms

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Ringkjoebing Landbobank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank AS (FRA:CJ2) » Definitions » Tax Rate %

Traded in Other Exchanges

RILBAc:UK 0RPR:UK RILBA:Denmark CJ2:Germany

Address

Torvet 1, Ringkobing, DNK, 6950

Website

http://www.landbobanken.com

Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

Ringkjoebing Landbobank AS Headlines

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