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PGNN (Paragon Financial Solutions) Tax Rate % : 17.33% (As of Dec. 2024)


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What is Paragon Financial Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Paragon Financial Solutions's Tax Expense for the three months ended in Dec. 2024 was $0.35 Mil. Paragon Financial Solutions's Pre-Tax Income for the three months ended in Dec. 2024 was $2.01 Mil. Therefore, Paragon Financial Solutions's Tax Rate % for the quarter that ended in Dec. 2024 was 17.33%.

Paragon Financial Solutions Tax Rate % Historical Data

The historical data trend for Paragon Financial Solutions'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.

* Premium members only.

Paragon Financial Solutions Tax Rate % Chart

Paragon Financial Solutions Annual Data
Trend Dec06 Dec07 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 24.91 25.03 16.47 24.09

Paragon Financial Solutions Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.53 28.23 27.06 27.11 17.33

Paragon Financial Solutions Tax Rate % Calculation

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

Paragon Financial Solutions'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 )
=1.491/6.19
=24.09 %

Paragon Financial Solutions'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 )
=0.349/2.014
=17.33 %

* 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.

Paragon Financial Solutions Tax Rate % Related Terms

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Paragon Financial Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Financial Solutions Inc (OTCPK:PGNN) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
5400 Poplar Avenue, Suite 150, Memphis, TN, USA, 38119
Website
https://www.bankparagon.com
Paragon Financial Solutions Inc is a bank that provides financial services to its customers in Tennessee; Mississippi; Georgia; and North Carolina. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate.

Paragon Financial Solutions Headlines

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