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Berner Kantonalbank AG (LTS:0QM2) Tax Rate % : 23.79% (As of Jun. 2024)


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What is Berner Kantonalbank AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Berner Kantonalbank AG's Tax Expense for the six months ended in Jun. 2024 was CHF23.5 Mil. Berner Kantonalbank AG's Pre-Tax Income for the six months ended in Jun. 2024 was CHF98.8 Mil. Therefore, Berner Kantonalbank AG's Tax Rate % for the quarter that ended in Jun. 2024 was 23.79%.


Berner Kantonalbank AG Tax Rate % Historical Data

The historical data trend for Berner Kantonalbank AG'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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Berner Kantonalbank AG Tax Rate % Chart

Berner Kantonalbank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.82 13.42 18.60 15.78 23.93

Berner Kantonalbank AG 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 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 Premium Member Only 18.52 13.73 23.18 24.49 23.79

Berner Kantonalbank AG Tax Rate % Calculation

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

Berner Kantonalbank AG'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 )
=55/229.884
=23.93 %

Berner Kantonalbank AG'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 )
=23.5/98.786
=23.79 %

* 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.


Berner Kantonalbank AG Tax Rate % Related Terms

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Berner Kantonalbank AG Business Description

Traded in Other Exchanges
Address
Bundesplatz 8, Postfach, Bern, CHE, 3011
Berner Kantonalbank AG is a Swiss cantonal bank. It is engaged in the business activities in the Canton and the neighboring economic area. It manages the assets, grants loans to private individuals and companies. The bank offers solutions for paying, saving, investing, financing and provisioning. It focuses its activities on two core business areas namely business with private and corporate customers, in particular, SMEs, and asset management. The bank provides consultancies to SMEs and individuals, as an employer, as a training bank, and as a taxpayer.

Berner Kantonalbank AG Headlines

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