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Two Rivers Financial Group (Two Rivers Financial Group) Tax Rate % : 33.87% (As of Mar. 2024)


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What is Two Rivers Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Two Rivers Financial Group's Tax Expense for the three months ended in Mar. 2024 was $0.74 Mil. Two Rivers Financial Group's Pre-Tax Income for the three months ended in Mar. 2024 was $2.19 Mil. Therefore, Two Rivers Financial Group's Tax Rate % for the quarter that ended in Mar. 2024 was 33.87%.

Two Rivers Financial Group Tax Rate % Historical Data

The historical data trend for Two Rivers Financial Group'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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Two Rivers Financial Group Tax Rate % Chart

Two Rivers Financial Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
30.07 22.41 19.42 26.17 20.33

Two Rivers Financial Group Quarterly Data
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 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 21.79 17.87 21.93 15.79 33.87

Two Rivers Financial Group Tax Rate % Calculation

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

Two Rivers Financial Group'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 )
=1.809/8.898
=20.33 %

Two Rivers Financial Group'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 )
=0.74/2.185
=33.87 %

* 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.

Two Rivers Financial Group Tax Rate % Related Terms

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Two Rivers Financial Group (Two Rivers Financial Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Two Rivers Financial Group Inc (OTCPK:TRVR) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
222 North Main Street, P.O. Box 728, Burlington, IA, USA, 52601
Website
https://www.tworivers.bank
Two Rivers Financial Group Inc is a bank holding company. The company offers banking and related services which include Personal Banking, Business Banking, Loans and credit cards and Wealth Management.

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