Van Lanschot Kempen NV (LTS:0O4B) Tax Rate % : 26.35% (As of Jun. 2024)

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What is Van Lanschot Kempen NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Van Lanschot Kempen NV's Tax Expense for the six months ended in Jun. 2024 was €26.7 Mil. Van Lanschot Kempen NV's Pre-Tax Income for the six months ended in Jun. 2024 was €101.2 Mil. Therefore, Van Lanschot Kempen NV's Tax Rate % for the quarter that ended in Jun. 2024 was 26.35%.

Van Lanschot Kempen NV Tax Rate % Historical Data

The historical data trend for Van Lanschot Kempen NV'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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Van Lanschot Kempen NV Tax Rate % Chart

Van Lanschot Kempen NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.66

8.06

19.41

29.15

23.77

Van Lanschot Kempen NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															20.42	38.20	27.33	21.03	26.35

Van Lanschot Kempen NV Tax Rate % Calculation

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

Van Lanschot Kempen NV'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 )
	=	39.017	/	164.173
	=	23.77 %

Van Lanschot Kempen NV's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	26.66	/	101.17
	=	26.35 %

Van Lanschot Kempen NV Tax Rate % Related Terms

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Van Lanschot Kempen NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Van Lanschot Kempen NV (LTS:0O4B) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VLK:Netherlands VLKa:UK VA3:Germany

Address

Hooge Steenweg 29, 's-Hertogenbosch, NLD, 5211 JN

Website

https://www.vanlanschot.nl

Van Lanschot Kempen NV is an independent wealth management bank operating primarily in the Netherlands. Its key areas of service include private banking, Evi, asset management, and merchant banking, which drive the vast majority of operating income. most of the bank's earning assets are loans and advances, a majority of which are mortgages. The bank seeks to differentiate itself from traditional competitors with its focus on niche markets and brand recognition. Private banking is the bank's largest core segment. Its private banking customers are mostly entrepreneurs, family businesses, business professionals, executives, and high-net-worth individuals. The most notable portion of the bank's corporate lending book is in the real estate industry.

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