FRBA (First Bank) Tax Rate % : 27.16% (As of Dec. 2024)

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What is First Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Bank's Tax Expense for the three months ended in Dec. 2024 was $3.9 Mil. First Bank's Pre-Tax Income for the three months ended in Dec. 2024 was $14.4 Mil. Therefore, First Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 27.16%.

First Bank Tax Rate % Historical Data

The historical data trend for First Bank'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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First Bank Tax Rate % Chart

First Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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25.14

24.17

24.23

23.05

23.39

First Bank 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															19.09	17.52	16.20	33.91	27.16

First Bank Tax Rate % Calculation

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

First Bank'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 )
	=	12.901	/	55.145
	=	23.39 %

First Bank'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 )
	=	3.915	/	14.412
	=	27.16 %

First Bank Tax Rate % Related Terms

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First Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bank (NAS:FRBA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2465 Kuser Road, Hamilton, NJ, USA, 08690

Website

https://www.firstbanknj.com

First Bank is a full-service commercial bank, with target businesses from individuals, businesses, and governmental entities located in service regions throughout New Jersey and eastern Pennsylvania, with a particular focus between New York City and Philadelphia. The group focuses on traditional deposit and loan products with businesses and individuals living and working in markets as the source of businesses. Its services are Business Banking; Personal banking; Digital Banking; and Lending.

Executives

Terrance M Mccarthy

director, officer: Senior EVP/COO

550 MONTGOMERY ST, SAN FRANCISCO CA 94111