Cathay General Bancorp (FRA:CN7) Tax Rate % : 7.57% (As of Dec. 2024)

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What is Cathay General Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cathay General Bancorp's Tax Expense for the three months ended in Dec. 2024 was €6.3 Mil. Cathay General Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was €82.9 Mil. Therefore, Cathay General Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 7.57%.

Cathay General Bancorp Tax Rate % Historical Data

The historical data trend for Cathay General 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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Cathay General Bancorp Tax Rate % Chart

Cathay General Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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9.89

21.88

23.68

12.25

9.94

Cathay General Bancorp 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															11.28	10.76	7.92	13.61	7.57

Cathay General Bancorp Tax Rate % Calculation

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

Cathay General Bancorp'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 )
	=	30.143	/	303.253
	=	9.94 %

Cathay General Bancorp'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 )
	=	6.27	/	82.862
	=	7.57 %

Cathay General Bancorp Tax Rate % Related Terms

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Cathay General Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cathay General Bancorp (FRA:CN7) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CATY:USA

Address

777 North Broadway, Los Angeles, CA, USA, 90012

Website

https://www.cathaybank.com

Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities and advisory services.

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