Main Street Financial Services (Main Street Financial Services) Tax Rate % : 20.14% (As of Dec. 2023)

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What is Main Street Financial Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Main Street Financial Services's Tax Expense for the three months ended in Dec. 2023 was $0.40 Mil. Main Street Financial Services's Pre-Tax Income for the three months ended in Dec. 2023 was $1.99 Mil. Therefore, Main Street Financial Services's Tax Rate % for the quarter that ended in Dec. 2023 was 20.14%.

Main Street Financial Services Tax Rate % Historical Data

The historical data trend for Main Street Financial Services'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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Main Street Financial Services Tax Rate % Chart

Main Street Financial Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.71

23.72

23.95

21.78

21.98

Main Street Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															18.90	22.49	22.93	22.52	20.14

Main Street Financial Services Tax Rate % Calculation

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

Main Street Financial Services'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 )
	=	1.601	/	7.283
	=	21.98 %

Main Street Financial Services's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.401	/	1.991
	=	20.14 %

Main Street Financial Services Tax Rate % Related Terms

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Main Street Financial Services (Main Street Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Main Street Financial Services Corp (OTCPK:MSWV) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 Main Street, Suite 100, Celoron Plaza, Wheeling, WV, USA, 26003

Website

https://www.mymainstreetbank.com

Main Street Financial Services Corp is a U.S based community bank. It is engaged in providing financial products and services which include ATM, Business Money Market, Drive-thru Services, Internet Banking, Safe Deposit Boxes and Non-profit Accounts among others.

Main Street Financial Services (Main Street Financial Services) Headlines

From GuruFocus

Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. announce Merger of Equals transaction, creating a community bank with assets in excess of $1.3 billion.

By PRNewswire PRNewswire • 02-23-2023

Main Street Financial Services Corp Reports Second Quarter Financial Results

By PRNewswire PRNewswire • 08-07-2020