Morrow Bank ASA (LTS:0EFW) Tax Rate % : 27.75% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Morrow Bank ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Morrow Bank ASA's Tax Expense for the three months ended in Dec. 2024 was kr23 Mil. Morrow Bank ASA's Pre-Tax Income for the three months ended in Dec. 2024 was kr84 Mil. Therefore, Morrow Bank ASA's Tax Rate % for the quarter that ended in Dec. 2024 was 27.75%.

Morrow Bank ASA Tax Rate % Historical Data

The historical data trend for Morrow Bank ASA'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.

Morrow Bank ASA Tax Rate % Chart

Morrow Bank ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

24.59

24.96

37.50

26.41

25.84

Morrow Bank ASA 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															30.83	25.09	25.07	24.97	27.75

Morrow Bank ASA Tax Rate % Calculation

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

Morrow Bank ASA'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 )
	=	72.7	/	281.4
	=	25.84 %

Morrow Bank ASA'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 )
	=	23.2	/	83.6
	=	27.75 %

Morrow Bank ASA Tax Rate % Related Terms

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

Morrow Bank ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Morrow Bank ASA (LTS:0EFW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MOBA:Norway KBN:Germany

Address

Lysaker Torg 35, Lysaker, NOR, 1366

Website

https://www.morrowbank.no

Morrow Bank ASA is a Norwegian bank offering convenient payment and financing products to consumers. It is a focused Nordic digital niche bank offering personal loans, credit cards, deposit accounts, and online point-of-sales finance products to consumers.

Morrow Bank ASA Headlines

No Headlines