TF Bank AB (OSTO:TFBANK) Tax Rate % : 21.71% (As of Mar. 2024)

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What is TF Bank AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TF Bank AB's Tax Expense for the three months ended in Mar. 2024 was kr32 Mil. TF Bank AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr148 Mil. Therefore, TF Bank AB's Tax Rate % for the quarter that ended in Mar. 2024 was 21.71%.

TF Bank AB Tax Rate % Historical Data

The historical data trend for TF Bank AB'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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TF Bank AB Tax Rate % Chart

TF Bank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.30

22.81

21.37

21.41

22.15

TF Bank AB Quarterly Data
	Jun19	Sep19	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															21.59	22.09	22.24	22.51	21.71

TF Bank AB Tax Rate % Calculation

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

TF Bank AB'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 )
	=	112.899	/	509.599
	=	22.15 %

TF Bank AB'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 )
	=	32.117	/	147.929
	=	21.71 %

TF Bank AB Tax Rate % Related Terms

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TF Bank AB (OSTO:TFBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TF Bank AB (OSTO:TFBANK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6TF:Germany

Address

Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110

Website

https://www.tfbankgroup.com

TF Bank AB is an internet-based niche bank which offers consumer banking services and Ecommerce Solutions through a proprietary IT platform with a high degree of automation. It is engaged in deposit and lending operations for private individuals in Sweden and Finland, as well as cross-border lending operations in Norway, Denmark, Estonia, Latvia, and Poland. The company operates through three segments Consumer Lending, Ecommerce Solutions, and Credit Cards.

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