PWOD (Penns Woods Bancorp) Tax Rate % : 23.23% (As of Dec. 2024)

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What is Penns Woods Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Penns Woods Bancorp's Tax Expense for the three months ended in Dec. 2024 was $1.13 Mil. Penns Woods Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was $4.87 Mil. Therefore, Penns Woods Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 23.23%.

Penns Woods Bancorp Tax Rate % Historical Data

The historical data trend for Penns Woods Bancorp'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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Penns Woods Bancorp Tax Rate % Chart

Penns Woods Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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18.58

19.12

19.29

18.28

18.97

Penns Woods Bancorp 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															19.66	14.37	19.80	17.97	23.23

Penns Woods Bancorp Tax Rate % Calculation

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

Penns Woods Bancorp'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 )
	=	4.154	/	21.893
	=	18.97 %

Penns Woods Bancorp'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 )
	=	1.132	/	4.873
	=	23.23 %

Penns Woods Bancorp Tax Rate % Related Terms

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Penns Woods Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Penns Woods Bancorp Inc (NAS:PWOD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Market Street, P.O. Box 967, Williamsport, PA, USA, 17703-0967

Website

https://www.pwod.com

Penns Woods Bancorp Inc is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. The Banks are engaged in commercial and retail banking which includes the acceptance of time, savings, and demand deposits, the funding of commercial, consumer, and mortgage loans, and safe deposit services. Utilizing a branch office network, ATMs, Internet, and telephone banking delivery channels, the Banks deliver their products and services to the communities residing in.

Executives

Charles E. Kranich	director	1025 GREENBRIAR DRIVE, STATE COLLEGE PA 16801-6936
Aron M Carter	officer: Senior Vice President	4 N. SCENIC DRIVE, ELYSBURG PA 17824
Casale Michael J Jr	director	1761 MALVIN PLACE, WILLIAMSPORT PA 17701
Nestlerode R Edward Jr	director	1445 WEST CARDINAL DRIVE, LOCK HAVEN PA 17745
Richard A Grafmyre	director, officer: President and CEO	115 SKYWARD DRIVE, DANVILLE PA 17821
Brian L Knepp	officer: VP of Finance/Asst. Secretary	ONE STRAWBERRY LANE, MIDDLEBURG PA 17842
Michelle M Karas	officer: Chief Operating Officer	C/O PENNS WOODS BANCORP, INC., 300 MARKET STREET, WILLIAMSPORT PA 17703
Cameron Kephart	director	300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703
William Edwards	director	885 SHADE HOLLOW ROAD, MILL HALL PA 17751
Daniel K. Brewer	director	23 LONG VIEW DRIVE, BLOOMSBURG PA 17815
Jack W. Jones	officer: CBO	300 MARKET STREET, P. O. BOX 967, WILLIAMSPORT PA 17703
Robert Neher	officer: President Luzerne Bank	300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703
Furey James M Ii	director	299 LEHMAN DRIVE, COGAN STATION PA 17728
Nackley John G Sr	director	559 LAKESIDE DRIVE, HARVEYS LAKE PA 18618
Joseph E Kluger	director	1768 PENNS CROSSING, ALLENTOWN PA 18104