MBBC (Marathon Bancorp) Tax Rate % : 18.98% (As of Sep. 2024)

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What is Marathon Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marathon Bancorp's Tax Expense for the three months ended in Sep. 2024 was $0.04 Mil. Marathon Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $0.22 Mil. Therefore, Marathon Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 18.98%.

Marathon Bancorp Tax Rate % Historical Data

The historical data trend for Marathon Bancorp'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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Marathon Bancorp Tax Rate % Chart

Marathon Bancorp Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

17.43

25.82

24.66

21.02

23.98

Marathon Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															69.79	-11.93	24.34	-49.12	18.98

Marathon Bancorp Tax Rate % Calculation

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

Marathon Bancorp's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	-0.059	/	-0.246
	=	23.98 %

Marathon Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.041	/	0.216
	=	18.98 %

Marathon Bancorp Tax Rate % Related Terms

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Marathon Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Marathon Bancorp Inc (OTCPK:MBBC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Scott Street, Wausau, WI, USA, 54403

Website

https://www.marathonbancorp.com

Marathon Bancorp Inc is a Wisconsin-chartered savings bank. It is a community-oriented bank offering a variety of financial products and services to meet the needs of customers. The primary deposit products are demand deposits, savings, and certificates of deposits; and prime lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multifamily real estate, and consumer loans. The majority of the Company's revenues come from interest income on loans and debt securities.

Executives

Nicholas W Zillges	director, officer: President and CEO	500 SCOTT STREET, WAUSAU WI 54403
Joy Selting-buchberger	officer: SVP and CFO	500 SCOTT STREET, WAUSAU WI 54403
Michelle Knopf	officer: EVP/Dir. of Mortgage Services	500 SCOTT STREET, WAUSAU WI 54403
Terry Cornish	officer: SVP and CCO	500 SCOTT STREET, WAUSAU WI 54403
Nora Spatz	officer: EVP and CAO	500 SCOTT STREET, WAUSAU WI 54403
Amy Zientara	director, other: Chairwoman of the Board	500 SCOTT STREET, WAUSAU WI 54403
Thomas L Grimm	director	500 SCOTT STREET, WAUSAU WI 54403
Timothy R Wimmer	director	500 SCOTT STREET, WAUSAU WI 54403
Ann M Werth	director	500 SCOTT STREET, WAUSAU WI 54403
Thomas Terwilliger	director	500 SCOTT STREET, WAUSAU WI 54403
Mhc Marathon	10 percent owner	500 SCOTT STREET, WAUSAU WI 54403

Marathon Bancorp Headlines

From GuruFocus

Marathon Bancorp, Inc. Announces Adoption of Stock Repurchase Program

By ACCESSWIRE • 12-23-2023