Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Tax Rate %: 28.58% (As of Jun. 2024)

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MEX:FEXI21 Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
12 GF Score
Price MXN17.15
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What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Rate %?

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21 12 Tax Rate % is 28.58% as of Jun. 2024. GuruFocus rates MEX:FEXI21 with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Expense for the three months ended in Jun. 2024 was MXN59 Mil. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Pre-Tax Income for the three months ended in Jun. 2024 was MXN205 Mil. Therefore, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Rate % for the quarter that ended in Jun. 2024 was 28.58%.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Rate % Related Terms

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Rate % Historical Data

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The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Rate % Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Annual Data
Trend Dec22 Dec23
Tax Rate %
25.09 26.44

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Quarterly Data
Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial 29.80 29.05 0.00 29.47 28.58
MEX:FEXI21
12GF Score
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Rate % Calculation

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

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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 )
=285/1078
=26.44 %

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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 )
=58.605/205.081
=28.58 %

* 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 28.58% mean?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a Tax Rate % of 28.58% as of Jun. 2024.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Rate % too high?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Tax Rate % is 28.58%. Overall, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Rate % compare to PNC and USB?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Rate % of 28.58% 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. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Tax Rate % is 28.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act stock overvalued right now?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a current Tax Rate % of 28.58%. The current Tax Rate % is 28.58%. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's overall GF Score™ is 12/100. 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21), the current Tax Rate % is 28.58% as of Jun. 2024. 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Business Description

Address Montes Urales 620, Piso 01, Colonia Lomas de Chapultepec, Mexico, MEX, MEX, 11000
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act is a banking institution based in Mexico.
12GF Score

Get the complete analysis for MEX:FEXI21

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN17.15
Price