Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Tax Rate % : 20.45% (As of Mar. 2024)

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What is Saigon Thuong Tin Commercial Joint Stock Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Saigon Thuong Tin Commercial Joint Stock Bank's Tax Expense for the three months ended in Mar. 2024 was ₫542,818 Mil. Saigon Thuong Tin Commercial Joint Stock Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₫2,654,223 Mil. Therefore, Saigon Thuong Tin Commercial Joint Stock Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 20.45%.

Saigon Thuong Tin Commercial Joint Stock Bank Tax Rate % Historical Data

The historical data trend for Saigon Thuong Tin Commercial Joint Stock 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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Saigon Thuong Tin Commercial Joint Stock Bank Tax Rate % Chart

Saigon Thuong Tin Commercial Joint Stock Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.68

19.68

22.47

20.48

19.56

Saigon Thuong Tin Commercial Joint Stock Bank 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															20.25	18.86	21.61	18.00	20.45

Saigon Thuong Tin Commercial Joint Stock Bank Tax Rate % Calculation

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

Saigon Thuong Tin Commercial Joint Stock 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 )
	=	1876384	/	9595000
	=	19.56 %

Saigon Thuong Tin Commercial Joint Stock Bank'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 )
	=	542818	/	2654223
	=	20.45 %

Saigon Thuong Tin Commercial Joint Stock Bank Tax Rate % Related Terms

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Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

266-268 Nam Ky Khoi Nghia Street, Ward 8, Distrcit 3, Ho Chi Minh City, VNM

Website

http://www.sacombank.com.vn

Saigon Thuong Tin Commercial Joint Stock Bank is a Vietnam-based company which provides commercial banking services. Its principal activities are to mobilize short, medium and long-term capital in the form of time deposits, demand deposits, certificates of deposit, receive capital from local and overseas financial institutions, grant short, medium and long-term loans, investments in associate, joint-ventures and other companies. The company also provides settlement services to customers, deal in foreign exchange, gold, provide international settlements services, investment in bonds other banking services.