Lea bank ASA (OSL:LEA) Tax Rate % : 23.89% (As of Mar. 2024)

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What is Lea bank ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lea bank ASA's Tax Expense for the three months ended in Mar. 2024 was kr7.5 Mil. Lea bank ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr31.4 Mil. Therefore, Lea bank ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 23.89%.

Lea bank ASA Tax Rate % Historical Data

The historical data trend for Lea bank ASA'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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Lea bank ASA Tax Rate % Chart

Lea bank ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.03

-1.97

24.71

24.57

24.15

Lea bank ASA Quarterly Data
	Dec18	Jun19	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															24.24	23.66	24.02	24.51	23.89

Lea bank ASA Tax Rate % Calculation

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

Lea bank ASA'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 )
	=	33.835	/	140.081
	=	24.15 %

Lea bank ASA'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 )
	=	7.503	/	31.407
	=	23.89 %

Lea bank ASA Tax Rate % Related Terms

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Lea bank ASA (OSL:LEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lea bank ASA (OSL:LEA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

9MJ:Germany

Address

Holbergs gate 21, Oslo, NOR, 0166

Website

https://www.leabank.no

Lea bank ASA is a fully digital consumer finance bank with a presence in the Nordic market. The company offers consumer loans, savings accounts, automated invoice purchases, and SME financing with attractive terms for its customers.