National Bank of Canada (National Bank of Canada) Tax Rate % : 19.19% (As of Jan. 2024)

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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. 2024 was $163 Mil. National Bank of Canada's Pre-Tax Income for the three months ended in Jan. 2024 was $850 Mil. Therefore, National Bank of Canada's Tax Rate % for the quarter that ended in Jan. 2024 was 19.19%.

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

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Tax Rate %

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16.59

17.86

21.93

20.90

16.04

National Bank of Canada Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															19.34	16.96	14.99	11.93	19.19

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. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2023 )	/	Pre-Tax Income (A: Oct. 2023 )
	=	464.557	/	2896.733
	=	16.04 %

National Bank of Canada's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	163.153	/	850.034
	=	19.19 %

National Bank of Canada Tax Rate % Related Terms

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National Bank of Canada (National Bank of Canada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (OTCPK:NTIOF) » Definitions » Tax Rate %

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Traded in Other Exchanges

NBC:Germany NA.PR.G.PFD:Canada NA.PR.E.PFD:Canada NA.PR.C.PFD:Canada NA.PR.W.PFD:Canada NA.PR.S.PFD:Canada NA:Canada

Address

600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.nbc.ca

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (National Bank of Canada) Headlines

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