German American Bancorp (FRA:GAB) Tax Rate % : 17.93% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is German American Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. German American Bancorp's Tax Expense for the three months ended in Mar. 2024 was €3.8 Mil. German American Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €21.3 Mil. Therefore, German American Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 17.93%.

German American Bancorp Tax Rate % Historical Data

The historical data trend for German American 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.

* Premium members only.

German American Bancorp Tax Rate % Chart

German American Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

16.87

17.10

18.14

17.49

17.13

German American 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															17.63	17.69	17.63	15.55	17.93

German American Bancorp Tax Rate % Calculation

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

German American 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 )
	=	16.285	/	95.044
	=	17.13 %

German American 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 )
	=	3.824	/	21.324
	=	17.93 %

German American Bancorp Tax Rate % Related Terms

Thank you for viewing the detailed overview of German American Bancorp's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

German American Bancorp (FRA:GAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » German American Bancorp Inc (FRA:GAB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GABC:USA

Address

711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546

Website

https://www.germanamerican.com

German American Bancorp Inc is a bank holding company. The Company's lines of business include 1) Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. 2) Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. 3) Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.