Islandsbanki hf (OISE:ISB) Tax Rate % : 31.31% (As of Mar. 2024)

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What is Islandsbanki hf Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Islandsbanki hf's Tax Expense for the three months ended in Mar. 2024 was kr2,468 Mil. Islandsbanki hf's Pre-Tax Income for the three months ended in Mar. 2024 was kr7,883 Mil. Therefore, Islandsbanki hf's Tax Rate % for the quarter that ended in Mar. 2024 was 31.31%.

Islandsbanki hf Tax Rate % Historical Data

The historical data trend for Islandsbanki hf'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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Islandsbanki hf Tax Rate % Chart

Islandsbanki hf Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.70

26.51

18.53

25.81

27.25

Islandsbanki hf Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.35	31.29	28.01	21.84	31.31

Islandsbanki hf Tax Rate % Calculation

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

Islandsbanki hf'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 )
	=	9198	/	33748
	=	27.25 %

Islandsbanki hf'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 )
	=	2468	/	7883
	=	31.31 %

Islandsbanki hf Tax Rate % Related Terms

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Islandsbanki hf (OISE:ISB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Islandsbanki hf (OISE:ISB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hagasmari 3, Kopavogur, ISL, 201

Website

https://www.islandsbanki.is

Islandsbanki hf is a customer-centric universal bank, headquartered in Iceland. The company's segment include Personal Banking; Business Banking; Corporate and Investment Banking; Treasury and Proprietary Trading and Cost centres. It generates maximum revenue from the Personal Banking segment. Personal Banking provides comprehensive financial services to individuals, such as lending, savings and payments.

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