Chang Hwa Commercial Bank (TPE:2801) Tax Rate % : 20.21% (As of Mar. 2024)

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What is Chang Hwa Commercial Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chang Hwa Commercial Bank's Tax Expense for the three months ended in Mar. 2024 was NT$970 Mil. Chang Hwa Commercial Bank's Pre-Tax Income for the three months ended in Mar. 2024 was NT$4,801 Mil. Therefore, Chang Hwa Commercial Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 20.21%.

Chang Hwa Commercial Bank Tax Rate % Historical Data

The historical data trend for Chang Hwa Commercial 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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Chang Hwa Commercial Bank Tax Rate % Chart

Chang Hwa Commercial Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.41

15.28

13.01

15.93

20.04

Chang Hwa Commercial 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															18.43	18.53	22.51	20.96	20.21

Chang Hwa Commercial Bank Tax Rate % Calculation

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

Chang Hwa Commercial 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 )
	=	3254.446	/	16236.588
	=	20.04 %

Chang Hwa Commercial 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 )
	=	970.234	/	4801.461
	=	20.21 %

Chang Hwa Commercial Bank Tax Rate % Related Terms

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Chang Hwa Commercial Bank (TPE:2801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chang Hwa Commercial Bank Ltd (TPE:2801) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38, Freedom Road, Section 2, Taichung, TWN

Website

https://www.bankchb.com

Chang Hwa Commercial Bank Ltd operates as a bank. It operates in segments namely Loans, Deposits and Remittances, Financial Instruments and Investments, Wealth Management, Subsidiaries and Oversea Branch, and others. It generates a majority of its revenue from the Loan segment. It offers services such as wealth management, personal cards, housing loans, credit loans, personal internet banking, commercial internet banking, and others.

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