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Oakworth Capital (Oakworth Capital) Tax Rate % : 21.18% (As of Mar. 2024)


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What is Oakworth Capital Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oakworth Capital's Tax Expense for the three months ended in Mar. 2024 was $1.06 Mil. Oakworth Capital's Pre-Tax Income for the three months ended in Mar. 2024 was $4.99 Mil. Therefore, Oakworth Capital's Tax Rate % for the quarter that ended in Mar. 2024 was 21.18%.

Oakworth Capital Tax Rate % Historical Data

The historical data trend for Oakworth Capital'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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Oakworth Capital Tax Rate % Chart

Oakworth Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 19.41 22.34 23.39 23.78 20.80

Oakworth Capital Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.64 23.74 24.77 27.03 21.18

Oakworth Capital Tax Rate % Calculation

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

Oakworth Capital'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 )
=1.228/5.903
=20.80 %

Oakworth Capital's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=1.056/4.986
=21.18 %

* 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.

Oakworth Capital Tax Rate % Related Terms

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Oakworth Capital (Oakworth Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oakworth Capital Inc (OTCPK:OAKC) » Definitions » Tax Rate %
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CMRB BFCC PWOD MNSB INBK COFS ATLO ISBA MBLU WNEB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
850 Shades Creek Parkway, Suite 300, Mountain Brook, AL, USA, 35209
Website
https://www.oakworth.com
Oakworth Capital Inc provides commercial and private banking, wealth management and advisory services to successful businesses, families and individuals. It serves clients across the United States from its offices in Birmingham and Mobile, Alabama, and Nashville, Tennessee.