Banif – Banco Internacional do Funchal (LTS:0QBY) Tax Rate %: 13.27% (As of Sep. 2015)

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What is Banif – Banco Internacional do Funchal Tax Rate %?

Banif – Banco Internacional do Funchal LTS:0QBY Tax Rate % is 13.27% as of Sep. 2015. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banif – Banco Internacional do Funchal's Tax Expense for the three months ended in Sep. 2015 was €-1.30 Mil. Banif – Banco Internacional do Funchal's Pre-Tax Income for the three months ended in Sep. 2015 was €-9.80 Mil. Therefore, Banif – Banco Internacional do Funchal's Tax Rate % for the quarter that ended in Sep. 2015 was 13.27%.

Banif – Banco Internacional do Funchal Tax Rate % Related Terms

Banif – Banco Internacional do Funchal Tax Rate % Historical Data

* Premium members only.

The historical data trend for Banif – Banco Internacional do Funchal'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.

Banif – Banco Internacional do Funchal Tax Rate % Chart

Banif – Banco Internacional do Funchal Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Tax Rate %
Get a 7-Day Free Trial 115.09 14.94 10.90 9.34 4.34

Banif – Banco Internacional do Funchal Quarterly Data
Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -13.55 9.96 53.85 21.98 13.27

Banif – Banco Internacional do Funchal Tax Rate % Calculation

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

Banif – Banco Internacional do Funchal's Tax Rate % for the fiscal year that ended in Dec. 2014 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2014 )/Pre-Tax Income (A: Dec. 2014 )
=-12.513/-288.547
=4.34 %

Banif – Banco Internacional do Funchal's Tax Rate % for the quarter that ended in Sep. 2015 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2015 )/Pre-Tax Income (Q: Sep. 2015 )
=-1.3/-9.8
=13.27 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 13.27% mean?
Banif – Banco Internacional do Funchal (LTS:0QBY) has a Tax Rate % of 13.27% as of Sep. 2015.
Is Banif – Banco Internacional do Funchal's Tax Rate % too high?
Banif – Banco Internacional do Funchal's current Tax Rate % is 13.27%.
How does Banif – Banco Internacional do Funchal's Tax Rate % compare to competitors?
Banif – Banco Internacional do Funchal's Tax Rate % of 13.27% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Banif – Banco Internacional do Funchal's current Tax Rate % is 13.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banif – Banco Internacional do Funchal stock overvalued right now?
Banif – Banco Internacional do Funchal (LTS:0QBY) has a current Tax Rate % of 13.27%. The current Tax Rate % is 13.27%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Banif – Banco Internacional do Funchal (LTS:0QBY), the current Tax Rate % is 13.27% as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banif – Banco Internacional do Funchal Business Description

Banif - Banco Internacional do Funchal provides banking products and services to companies, institutional clients, and private customers, as well as to personal customers, small businesses, and independent professionals.