MBVA (Millennium Bankshares) Tax Rate %: -214.49% (As of Sep. 2008)


What is Millennium Bankshares Tax Rate %?

Millennium Bankshares MBVA Tax Rate % is -214.49% as of Sep. 2008.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Millennium Bankshares's Tax Expense for the three months ended in Sep. 2008 was $6.54 Mil. Millennium Bankshares's Pre-Tax Income for the three months ended in Sep. 2008 was $-3.05 Mil. Therefore, Millennium Bankshares's Tax Rate % for the quarter that ended in Sep. 2008 was -214.49%.

Millennium Bankshares Tax Rate % Related Terms

Millennium Bankshares Tax Rate % Historical Data

* Premium members only.

The historical data trend for Millennium Bankshares'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.

Millennium Bankshares Tax Rate % Chart

Millennium Bankshares Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Tax Rate %
Get a 7-Day Free Trial 33.99 33.91 28.16 3.17 50.80

Millennium Bankshares Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 162.99 38.59 48.66 36.19 -214.49

Millennium Bankshares Tax Rate % Calculation

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

Millennium Bankshares's Tax Rate % for the fiscal year that ended in Dec. 2007 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2007 )/Pre-Tax Income (A: Dec. 2007 )
=-2.087/-4.108
=50.80 %

Millennium Bankshares's Tax Rate % for the quarter that ended in Sep. 2008 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2008 )/Pre-Tax Income (Q: Sep. 2008 )
=6.542/-3.05
=-214.49 %

* 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 -214.49% mean?
Millennium Bankshares (MBVA) has a Tax Rate % of -214.49% as of Sep. 2008.
Is Millennium Bankshares' Tax Rate % too high?
Millennium Bankshares' current Tax Rate % is -214.49%.
How does Millennium Bankshares' Tax Rate % compare to OPHC and CCSB?
Millennium Bankshares' Tax Rate % of -214.49% 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. Millennium Bankshares's current Tax Rate % is -214.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Bankshares stock overvalued right now?
Millennium Bankshares (MBVA) has a current Tax Rate % of -214.49%. The current Tax Rate % is -214.49%. 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 Millennium Bankshares (MBVA), the current Tax Rate % is -214.49% as of Sep. 2008. 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.

Millennium Bankshares Business Description

Address 1601 Washington Plaza, Reston, VA, USA, 20190
Millennium Bankshares Corp is a bank holding company. The Company through its bank holding provides commercial, retail and consumer banking services to meet the needs of businesses and consumers in the communities it serves.