Kvika Banki hf (OISE:KVIKA) Tax Rate % : 4.55% (As of Dec. 2024)

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What is Kvika Banki hf Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kvika Banki hf's Tax Expense for the three months ended in Dec. 2024 was kr73 Mil. Kvika Banki hf's Pre-Tax Income for the three months ended in Dec. 2024 was kr1,601 Mil. Therefore, Kvika Banki hf's Tax Rate % for the quarter that ended in Dec. 2024 was 4.55%.

Kvika Banki hf Tax Rate % Historical Data

The historical data trend for Kvika Banki 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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Kvika Banki hf Tax Rate % Chart

Kvika Banki hf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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2.81

-1.69

9.36

23.43

19.38

Kvika Banki hf Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-61.98	18.74	34.70	22.86	4.55

Kvika Banki hf Tax Rate % Calculation

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

Kvika Banki hf's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	1127.56	/	5817.459
	=	19.38 %

Kvika Banki hf's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	72.913	/	1600.727
	=	4.55 %

Kvika Banki hf Tax Rate % Related Terms

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Kvika Banki hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kvika Banki hf (OISE:KVIKA) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

Katrinartun 2, Reykjavik, ISL, 105

Website

https://www.kvika.is

Kvika Banki hf is an Iceland-based company engaged in providing financial services in the fields of lending, securities and currency trading, and corporate consulting. It offers businesses, investors, and individuals comprehensive investment banking and asset management services as well as selected banking services. The company's reportable segments are Commercial Banking, Corporate Banking and Capital Markets, Asset Management and UK operations. It derives a majority of its revenue from Corporate Banking and Capital Markets which offers a range of professional services in the fields of specialised financing, securities and foreign exchange transactions, and corporate finance services.

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