SpareBank 1 Sor Norge ASA (LTS:0Q57) Tax Rate % : 20.10% (As of Dec. 2024)

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What is SpareBank 1 Sor Norge ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SpareBank 1 Sor Norge ASA's Tax Expense for the three months ended in Dec. 2024 was kr350 Mil. SpareBank 1 Sor Norge ASA's Pre-Tax Income for the three months ended in Dec. 2024 was kr1,741 Mil. Therefore, SpareBank 1 Sor Norge ASA's Tax Rate % for the quarter that ended in Dec. 2024 was 20.10%.

SpareBank 1 Sor Norge ASA Tax Rate % Historical Data

The historical data trend for SpareBank 1 Sor Norge 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.

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SpareBank 1 Sor Norge ASA Tax Rate % Chart

SpareBank 1 Sor Norge ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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12.69

17.77

19.81

21.17

19.05

SpareBank 1 Sor Norge 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															17.13	20.49	21.13	14.91	20.10

SpareBank 1 Sor Norge ASA Tax Rate % Calculation

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

SpareBank 1 Sor Norge 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 )
	=	1222	/	6415
	=	19.05 %

SpareBank 1 Sor Norge 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 )
	=	350	/	1741
	=	20.10 %

SpareBank 1 Sor Norge ASA Tax Rate % Related Terms

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SpareBank 1 Sor Norge ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Sor Norge ASA (LTS:0Q57) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SB1NO:Norway SB1NOo:UK B4M1:Germany

Address

Christen Tranesgate 35, Stavanger, NOR, 4007

Website

https://www.sparebank1.no

SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, investment services, leasing, estate agency, and accounting services. The company is organized around three customer segments: Retail customers, SME and Agriculture, and Large Corporations. The company operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

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