Orrstown Financial Services (FRA:OFR) Tax Rate % : 20.15% (As of Sep. 2024)

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What is Orrstown Financial Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Orrstown Financial Services's Tax Expense for the three months ended in Sep. 2024 was €-1.8 Mil. Orrstown Financial Services's Pre-Tax Income for the three months ended in Sep. 2024 was €-8.9 Mil. Therefore, Orrstown Financial Services's Tax Rate % for the quarter that ended in Sep. 2024 was 20.15%.

Orrstown Financial Services Tax Rate % Historical Data

The historical data trend for Orrstown Financial Services'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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Orrstown Financial Services Tax Rate % Chart

Orrstown Financial Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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18.60

19.60

17.21

20.81

20.70

Orrstown Financial Services 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															21.19	20.60	21.24	20.15	20.14

Orrstown Financial Services Tax Rate % Calculation

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

Orrstown Financial Services'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 )
	=	8.592	/	41.295
	=	20.81 %

Orrstown Financial Services's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-1.797	/	-8.917
	=	20.15 %

Orrstown Financial Services Tax Rate % Related Terms

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Orrstown Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Orrstown Financial Services Inc (FRA:OFR) » Definitions » Tax Rate %

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Traded in Other Exchanges

ORRF:USA

Address

77 East King Street, P.O. Box 250, Shippensburg, PA, USA, 17257

Website

https://www.orrstown.com

Orrstown Financial Services Inc is a holding company engaged in commercial banking and trust business, this involves accepting demand, time and savings deposits, and granting loans. It is also engaged in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. It also provides investment and brokerage services through its Financial Advisors division. The Company earns fees from its deposit clients for transaction-based, account maintenance, and overdraft services, it also earns wealth management and investment brokerage fees from its contracts with trust. The company operates in a significant segment - Community Banking.

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