Credito Emiliano (MIL:CE) Tax Rate % : 29.65% (As of Dec. 2024)

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What is Credito Emiliano Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Credito Emiliano's Tax Expense for the three months ended in Dec. 2024 was €57 Mil. Credito Emiliano's Pre-Tax Income for the three months ended in Dec. 2024 was €191 Mil. Therefore, Credito Emiliano's Tax Rate % for the quarter that ended in Dec. 2024 was 29.65%.

Credito Emiliano Tax Rate % Historical Data

The historical data trend for Credito Emiliano'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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Credito Emiliano Tax Rate % Chart

Credito Emiliano Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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20.12

24.37

31.37

31.88

31.94

Credito Emiliano Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															30.90	32.64	32.60	32.41	29.65

Credito Emiliano Tax Rate % Calculation

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

Credito Emiliano's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	291.042	/	911.094
	=	31.94 %

Credito Emiliano's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	56.554	/	190.727
	=	29.65 %

Credito Emiliano Tax Rate % Related Terms

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Credito Emiliano Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credito Emiliano (MIL:CE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0K93:UK EAO:Germany

Address

Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100

Website

http://www.credem.it

Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.