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NTIOF (National Bank of Canada) Tax Rate % : 22.29% (As of Jan. 2025)


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What is National Bank of Canada Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Bank of Canada's Tax Expense for the three months ended in Jan. 2025 was $199 Mil. National Bank of Canada's Pre-Tax Income for the three months ended in Jan. 2025 was $892 Mil. Therefore, National Bank of Canada's Tax Rate % for the quarter that ended in Jan. 2025 was 22.29%.


National Bank of Canada Tax Rate % Historical Data

The historical data trend for National Bank of Canada'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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National Bank of Canada Tax Rate % Chart

National Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.86 21.93 20.90 15.84 20.12

National Bank of Canada Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 19.19 20.53 20.90 19.75 22.29

National Bank of Canada Tax Rate % Calculation

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

National Bank of Canada's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=698.553/3472.414
=20.12 %

National Bank of Canada's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2025 )/Pre-Tax Income (Q: Jan. 2025 )
=198.763/891.653
=22.29 %

* 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.


National Bank of Canada Tax Rate % Related Terms

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National Bank of Canada Business Description

Address
800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank is concentrated in the province of Quebec, with additional operations in the rest of Canada and United States. National Bank of Canada also owns ABA Bank, one the largest commercial banks in Cambodia.