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OP Bancorp (FRA:OP3) Tax Rate % : 28.27% (As of Sep. 2024)


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What is OP Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OP Bancorp's Tax Expense for the three months ended in Sep. 2024 was €1.93 Mil. OP Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was €6.83 Mil. Therefore, OP Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 28.27%.

OP Bancorp Tax Rate % Historical Data

The historical data trend for OP 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.

OP Bancorp Tax Rate % Chart

OP Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.01 29.06 28.71 28.58 27.55

OP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.13 28.05 28.21 28.27 25.43

OP Bancorp Tax Rate % Calculation

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

OP 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 )
=8.778/30.711
=28.58 %

OP Bancorp'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 )
=1.93/6.828
=28.27 %

* 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.

OP Bancorp Tax Rate % Related Terms

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OP Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (FRA:OP3) » Definitions » Tax Rate %
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Traded in Other Exchanges
OPBK:USA
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
Website
https://opbancorp.q4ir.com
OP Bancorp is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, Carrollton, Texas, and Las Vegas, Nevada. The Bank is focused on serving the banking needs of small- and medium-sized businesses, professionals, and residents with a particular emphasis on Korean and other ethnic minority communities. It operates with eleven full branches.

OP Bancorp Headlines

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