Secure Trust Bank (LSE:STB) Tax Rate % : 28.06% (As of Dec. 2023)

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What is Secure Trust Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Secure Trust Bank's Tax Expense for the six months ended in Dec. 2023 was £5.5 Mil. Secure Trust Bank's Pre-Tax Income for the six months ended in Dec. 2023 was £19.6 Mil. Therefore, Secure Trust Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 28.06%.

Secure Trust Bank Tax Rate % Historical Data

The historical data trend for Secure Trust Bank'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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Secure Trust Bank Tax Rate % Chart

Secure Trust Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.64

19.37

18.60

24.10

26.87

Secure Trust Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															22.18	24.56	23.74	25.45	28.06

Secure Trust Bank Tax Rate % Calculation

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

Secure Trust Bank'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 )
	=	9.7	/	36.1
	=	26.87 %

Secure Trust Bank'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 )
	=	5.5	/	19.6
	=	28.06 %

Secure Trust Bank Tax Rate % Related Terms

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Secure Trust Bank (LSE:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Secure Trust Bank PLC (LSE:STB) » Definitions » Tax Rate %

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Traded in Other Exchanges

STBl:UK STB.GB:UK

Address

Arleston Way, Yorke House, Solihull, West Midlands, GBR, B90 4LH

Website

https://www.securetrustbank.com

Secure Trust Bank PLC is an established, well-funded and capitalised UK retail bank. The Group's diversified lending portfolio currently focuses on two sectors: (1) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. The bank is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.