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KSBI (KS Bancorp) Tax Rate % : 27.35% (As of Sep. 2024)


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What is KS Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. KS Bancorp's Tax Expense for the three months ended in Sep. 2024 was $0.55 Mil. KS Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $2.01 Mil. Therefore, KS Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 27.35%.

KS Bancorp Tax Rate % Historical Data

The historical data trend for KS 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.

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KS Bancorp Tax Rate % Chart

KS Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.29 21.76 20.98 21.06 20.78

KS Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.32 20.42 22.13 20.26 27.35

KS Bancorp Tax Rate % Calculation

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

KS Bancorp'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 )
=1.629/7.838
=20.78 %

KS Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.55/2.011
=27.35 %

* 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.

KS Bancorp Tax Rate % Related Terms

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KS Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KS Bancorp Inc (OTCPK:KSBI) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
1031 North Brightleaf Boulevard, PO Box 661, Smithfield, NC, USA, 27577
Website
https://www.ksbankinc.com
KS Bancorp Inc is a community bank. The Bank's operations are retail oriented and directed toward individuals and small to medium-sized businesses located in company's banking market. The Bank provides traditional banking services which include taking of demand deposits and the making of consumer and commercial loans. The Bank's primary source of revenue is the interest income derived from its lending activities.