GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander SA (LSE:BNC) » Definitions » Tax Rate %

Bancontander (LSE:BNC) Tax Rate % : 27.04% (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Bancontander Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bancontander's Tax Expense for the three months ended in Sep. 2024 was £1,116 Mil. Bancontander's Pre-Tax Income for the three months ended in Sep. 2024 was £4,127 Mil. Therefore, Bancontander's Tax Rate % for the quarter that ended in Sep. 2024 was 27.04%.

Bancontander Tax Rate % Historical Data

The historical data trend for Bancontander'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.

* Premium members only.

Bancontander Tax Rate % Chart

Bancontander Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.29 -271.29 33.64 29.42 25.98

Bancontander 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 28.58 18.46 32.03 29.40 27.04

Bancontander Tax Rate % Calculation

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

Bancontander'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 )
=3683.795/14179.509
=25.98 %

Bancontander'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 )
=1115.96/4127.374
=27.04 %

* 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.

Bancontander Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bancontander's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bancontander Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander SA (LSE:BNC) » Definitions » Tax Rate %
Comparable Companies
XMAD:BBVA XMAD:SAB JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601939 SHSE:601988 TSX:RY ASX:CBA LSE:HSBA ASX:NAB TSE:8306 C XSWX:UBSG TSX:TD TSE:8316 ASX:WBC TSX:BNS
Traded in Other Exchanges
BCDRF:USA SAN:USA SAN:Poland SAN:Mexico 1SANX:Italy SANe:UK SAN:Spain BSD2:Germany BSD2:Germany BSD2:Germany BSDK:Germany BSD2:Germany BCSA34:Brazil SAN:Austria SAN:Argentina
Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Website
https://www.santander.com
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.

Bancontander Headlines

No Headlines