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Flagstar Financial (FRA:QC10) Tax Rate % : 21.01% (As of Dec. 2024)


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What is Flagstar Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Flagstar Financial's Tax Expense for the three months ended in Dec. 2024 was €-48 Mil. Flagstar Financial's Pre-Tax Income for the three months ended in Dec. 2024 was €-227 Mil. Therefore, Flagstar Financial's Tax Rate % for the quarter that ended in Dec. 2024 was 21.01%.

Flagstar Financial Tax Rate % Historical Data

The historical data trend for Flagstar Financial'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.

Flagstar Financial Tax Rate % Chart

Flagstar Financial 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 13.10 26.05 21.31 -58.00 18.87

Flagstar Financial 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 3.98 14.17 23.82 16.42 21.01

Flagstar Financial Tax Rate % Calculation

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

Flagstar Financial'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 )
=-248.3/-1315.99
=18.87 %

Flagstar Financial'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 )
=-47.75/-227.29
=21.01 %

* 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.

Flagstar Financial Tax Rate % Related Terms

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Flagstar Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Flagstar Financial Inc (FRA:QC10) » Definitions » Tax Rate %
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FLGpA.PFD:USA FLG:USA
Address
102 Duffy Avenue, Hicksville, Hicksville, NY, USA, 11801
Website
https://www.flagstar.com
Flagstar Financial Inc operates over 400 branches, including a presence in the Northeast and Midwest and locations in high-growth markets in the Southeast and West Coast. In addition, the Bank has approximately 90 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high net-worth individuals and their businesses.

Flagstar Financial Headlines

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