PBNK (Pinnacle Bank) Tax Rate % : 28.86% (As of Dec. 2023)

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What is Pinnacle Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pinnacle Bank's Tax Expense for the six months ended in Dec. 2023 was $4.78 Mil. Pinnacle Bank's Pre-Tax Income for the six months ended in Dec. 2023 was $16.55 Mil. Therefore, Pinnacle Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 28.86%.

Pinnacle Bank Tax Rate % Historical Data

The historical data trend for Pinnacle Bank'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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Pinnacle Bank Tax Rate % Chart

Pinnacle Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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31.54

31.39

29.06

29.17

28.86

Pinnacle Bank Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Tax Rate %	Get a 7-Day Free Trial						31.54	31.39	29.06	29.17	28.86

Pinnacle Bank Tax Rate % Calculation

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

Pinnacle Bank'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 )
	=	4.775	/	16.546
	=	28.86 %

Pinnacle Bank's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	4.775	/	16.546
	=	28.86 %

Pinnacle Bank Tax Rate % Related Terms

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Pinnacle Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bank (OTCPK:PBNK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7597 Monterey Street, Gilroy, CA, USA, 95020

Website

https://www.pinnacle.bank

Pinnacle Bank is a bank holding company. It bank offers Business Banking, Asset Based Lending, Personal Banking, and Fraud Protection. It includes Business Financing Options, Deposit Services, Online/Mobile Banking, Personal Loans, Online Safety, ATM/Debit Scams, and others. It offers various types of deposits, including noninterest-bearing demand deposits and interest-bearing deposits. It provides products and services to small to middle-market businesses, professionals, not-for-profit organizations, and individuals.