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Guaranty Bancshares (Guaranty Bancshares) Tax Rate % : 18.61% (As of Dec. 2023)


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What is Guaranty Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Guaranty Bancshares's Tax Expense for the three months ended in Dec. 2023 was $1.3 Mil. Guaranty Bancshares's Pre-Tax Income for the three months ended in Dec. 2023 was $7.2 Mil. Therefore, Guaranty Bancshares's Tax Rate % for the quarter that ended in Dec. 2023 was 18.61%.

Guaranty Bancshares Tax Rate % Historical Data

The historical data trend for Guaranty Bancshares'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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Guaranty Bancshares Tax Rate % Chart

Guaranty Bancshares Annual Data
Trend Dec04 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.02 17.70 18.02 17.93 19.20

Guaranty Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.05 20.89 18.60 18.61 20.49

Guaranty Bancshares Tax Rate % Calculation

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

Guaranty Bancshares'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 )
=7.13/37.139
=19.20 %

Guaranty Bancshares's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=1.341/7.207
=18.61 %

* 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.

Guaranty Bancshares Tax Rate % Related Terms

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Guaranty Bancshares (Guaranty Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guaranty Bancshares Inc (NYSE:GNTY) » Definitions » Tax Rate %
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FFWM MPB CWBC SHBI RBB RRBI SMBK FFIC DBIN BWB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
16475 Dallas Parkway, Suite 600, Addison, TX, USA, 75001
Website
https://www.gnty.com
Guaranty Bancshares Inc is a bank holding company conducting banking activities through its wholly-owned subsidiary. The company provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals. It also provides other services such as Credit cards, Personal Loans, Account Management, Business Checking, Treasury Management, Business savings, and other related services. The company generates its revenue from interest on loans and investments, customer service and loan fees, fees related to the sale of mortgage loans, and trust and wealth management services.
Executives
James S. Bunch director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Jeffrey W Brown director 1400 LAKE HEARN DR, ATLANTA GA 30319
Lisa S. Gallerano officer: VP and General Counsel 16475 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Shalene A. Jacobson officer: Senior VP & Chief Risk Officer 16475 DALLAS PKWY, SUITE 100, ADDISON TX 75001
Charles A. Cowell officer: Chm. & EVP-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Richard W. Baker director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Sondra Cunningham director P.O. BOX 1158, MT. PLEASANT TX 75455
William Travis Brown officer: Austin Area Chairman P.O. BOX 1158, MT. PLEASANT TX 75455
Tyson T Abston director, officer: Chairman and CEO 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Molly Curl director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Martin C Bell officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Randall R. Kucera officer: VP and General Counsel 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Robert P. Sharp officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
William D. Priefert director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Daniel J. Muskrat officer: EVP & CIO-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455