Melhus Sparebank (OSL:MELG) Tax Rate % : 20.31% (As of Dec. 2024)

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What is Melhus Sparebank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Melhus Sparebank's Tax Expense for the three months ended in Dec. 2024 was kr10.9 Mil. Melhus Sparebank's Pre-Tax Income for the three months ended in Dec. 2024 was kr53.6 Mil. Therefore, Melhus Sparebank's Tax Rate % for the quarter that ended in Dec. 2024 was 20.31%.

Melhus Sparebank Tax Rate % Historical Data

The historical data trend for Melhus Sparebank'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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Melhus Sparebank Tax Rate % Chart

Melhus Sparebank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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20.21

20.93

19.66

23.54

22.38

Melhus Sparebank 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															31.01	25.13	20.81	25.00	20.31

Melhus Sparebank Tax Rate % Calculation

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

Melhus Sparebank'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 )
	=	40.214	/	179.721
	=	22.38 %

Melhus Sparebank'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 )
	=	10.884	/	53.601
	=	20.31 %

Melhus Sparebank Tax Rate % Related Terms

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Melhus Sparebank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Melhus Sparebank (OSL:MELG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

K15:Germany

Address

Melhus Road 439, Melhus, NOR, 7224

Website

http://www.melhusbanken.no

Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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