Alandsbanken ABP (OHEL:ALBAV) Tax Rate % : 20.23% (As of Sep. 2024)

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What is Alandsbanken ABP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alandsbanken ABP's Tax Expense for the three months ended in Sep. 2024 was €3.5 Mil. Alandsbanken ABP's Pre-Tax Income for the three months ended in Sep. 2024 was €17.3 Mil. Therefore, Alandsbanken ABP's Tax Rate % for the quarter that ended in Sep. 2024 was 20.23%.

Alandsbanken ABP Tax Rate % Historical Data

The historical data trend for Alandsbanken ABP'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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Alandsbanken ABP Tax Rate % Chart

Alandsbanken ABP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.74

20.73

19.00

20.21

21.17

Alandsbanken ABP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															20.94	20.79	19.53	19.87	20.23

Alandsbanken ABP Tax Rate % Calculation

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

Alandsbanken ABP'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 )
	=	13.07	/	61.745
	=	21.17 %

Alandsbanken ABP's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	3.5	/	17.3
	=	20.23 %

Alandsbanken ABP Tax Rate % Related Terms

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Alandsbanken ABP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alandsbanken ABP (OHEL:ALBAV) » Definitions » Tax Rate %

Comparable Companies

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ALBBV:Finland

Address

Nygatan 2, Aland, Mariehamn, FIN, AX-22100

Website

https://www.alandsbanken.fi

Alandsbanken ABP is a private banking operator based in Finland. The services offered by the company include Account, Insurance, Loans, Digital services, Basic banking services and Invest and Save among others. The reportable segments of the company are Private Banking, Premium Banking, IT, Corporate and other. Private Banking segment generates the majority of the revenue for the company by providing services to entrepreneurs, wealthy families and individual customers with sound finances. The Private Banking segment includes its Private Banking operations in the Aland islands, on the Finnish mainland and in Sweden, as well as asset management. Geographically, the company generates revenue from Finland which generates key revenue, and Sweden.

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