HBSI (Highlands Bankshares (WV)) Tax Rate %: 21.70% (As of Dec. 2018)

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HBSI Highlands Bankshares Inc (WV) HBSI
12 GF Score
Price $48.00
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What is Highlands Bankshares (WV) Tax Rate %?

Highlands Bankshares (WV) HBSI +0.52% 12 Tax Rate % is 21.70% as of Dec. 2018. GuruFocus rates HBSI with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Highlands Bankshares (WV)'s Tax Expense for the six months ended in Dec. 2018 was $1.08 Mil. Highlands Bankshares (WV)'s Pre-Tax Income for the six months ended in Dec. 2018 was $4.97 Mil. Therefore, Highlands Bankshares (WV)'s Tax Rate % for the quarter that ended in Dec. 2018 was 21.70%.

Highlands Bankshares (WV) Tax Rate % Related Terms

Highlands Bankshares (WV) Tax Rate % Historical Data

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The historical data trend for Highlands Bankshares (WV)'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.

Highlands Bankshares (WV) Tax Rate % Chart

Highlands Bankshares (WV) Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.92 31.05 28.94 52.27 21.70

Highlands Bankshares (WV) Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 29.92 31.05 28.94 52.27 21.70
HBSI
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Highlands Bankshares Inc (WV) HBSI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Highlands Bankshares (WV) Tax Rate % Calculation

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

Highlands Bankshares (WV)'s Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=1.078/4.967
=21.70 %

Highlands Bankshares (WV)'s Tax Rate % for the quarter that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2018 )/Pre-Tax Income (Q: Dec. 2018 )
=1.078/4.967
=21.70 %

* 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 21.70% mean?
Highlands Bankshares (WV) (HBSI) has a Tax Rate % of 21.70% as of Dec. 2018.
Is Highlands Bankshares (WV)'s Tax Rate % too high?
Highlands Bankshares (WV)'s current Tax Rate % is 21.70%. Overall, Highlands Bankshares (WV) has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Highlands Bankshares (WV)'s Tax Rate % compare to LUMB and HLFN?
Highlands Bankshares (WV)'s Tax Rate % of 21.70% 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. Highlands Bankshares (WV)'s current Tax Rate % is 21.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highlands Bankshares (WV) stock overvalued right now?
Highlands Bankshares (WV) (HBSI) has a current Tax Rate % of 21.70%. The current Tax Rate % is 21.70%. Highlands Bankshares (WV)'s overall GF Score™ is 12/100. 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 Highlands Bankshares (WV) (HBSI), the current Tax Rate % is 21.70% as of Dec. 2018. 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.

Highlands Bankshares (WV) Business Description

Address 3 North Main Street, P.O. Box 929, Petersburg, WV, USA, 26847
Highlands Bankshares Inc (WV) operates as a holding company, which engages in the provision of financial and banking services through its subsidiaries. It offers a variety of services, including commercial and individual demand and time deposit accounts, commercial and individual loans, drive-in banking services, and automatic teller machine banking. The banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph, and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis, and Wardensville.
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