HIFS (Hingham Institution forvings) Tax Rate % : 24.40% (As of Dec. 2024)

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What is Hingham Institution forvings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hingham Institution forvings's Tax Expense for the three months ended in Dec. 2024 was $3.67 Mil. Hingham Institution forvings's Pre-Tax Income for the three months ended in Dec. 2024 was $15.05 Mil. Therefore, Hingham Institution forvings's Tax Rate % for the quarter that ended in Dec. 2024 was 24.40%.

Hingham Institution forvings Tax Rate % Historical Data

The historical data trend for Hingham Institution forvings'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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Hingham Institution forvings Tax Rate % Chart

Hingham Institution forvings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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27.60

27.21

30.92

25.15

22.80

Hingham Institution forvings 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															22.94	14.07	27.10	25.53	24.40

Hingham Institution forvings Tax Rate % Calculation

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

Hingham Institution forvings'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 )
	=	8.324	/	36.515
	=	22.80 %

Hingham Institution forvings'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 )
	=	3.671	/	15.046
	=	24.40 %

Hingham Institution forvings Tax Rate % Related Terms

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Hingham Institution forvings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Tax Rate %

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HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts, and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit, and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner-occupied real estate, and loans for the construction of residential real estate.