FRBKQ (Republic First Bancorp) Tax Rate %: 23.46% (As of Sep. 2022)

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FRBKQ Republic First Bancorp Inc FRBKQ
16 GF Score
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What is Republic First Bancorp Tax Rate %?

Republic First Bancorp FRBKQ -99.00% 16 Tax Rate % is 23.46% as of Sep. 2022. GuruFocus rates FRBKQ with a GF Score™ of 16/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Republic First Bancorp's Tax Expense for the three months ended in Sep. 2022 was $0.5 Mil. Republic First Bancorp's Pre-Tax Income for the three months ended in Sep. 2022 was $2.0 Mil. Therefore, Republic First Bancorp's Tax Rate % for the quarter that ended in Sep. 2022 was 23.46%.

Republic First Bancorp Tax Rate % Related Terms

Republic First Bancorp Tax Rate % Historical Data

* Premium members only.

The historical data trend for Republic First 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.

Republic First Bancorp Tax Rate % Chart

Republic First Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.76 15.46 27.84 21.57 25.30

Republic First Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 28.13 25.46 23.32 23.46 26.78
FRBKQ
16GF Score
Republic First Bancorp Inc FRBKQ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Republic First Bancorp Tax Rate % Calculation

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

Republic First Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=8.526/33.702
=25.30 %

Republic First Bancorp's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0.476/2.029
=23.46 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.46% mean?
Republic First Bancorp (FRBKQ) has a Tax Rate % of 23.46% as of Sep. 2022.
Is Republic First Bancorp's Tax Rate % too high?
Republic First Bancorp's current Tax Rate % is 23.46%. Overall, Republic First Bancorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Republic First Bancorp's Tax Rate % compare to GWBK and LBNW?
Republic First Bancorp's Tax Rate % of 23.46% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Republic First Bancorp's current Tax Rate % is 23.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic First Bancorp stock overvalued right now?
Republic First Bancorp (FRBKQ) has a current Tax Rate % of 23.46%. The current Tax Rate % is 23.46%. Republic First Bancorp's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Republic First Bancorp (FRBKQ), the current Tax Rate % is 23.46% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Republic First Bancorp Business Description

Address 50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
16GF Score

Get the complete analysis for FRBKQ

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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