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Bank Millennium (WAR:MIL) Tax Rate % : 40.17% (As of Sep. 2024)


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What is Bank Millennium Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Millennium's Tax Expense for the three months ended in Sep. 2024 was zł127 Mil. Bank Millennium's Pre-Tax Income for the three months ended in Sep. 2024 was zł317 Mil. Therefore, Bank Millennium's Tax Rate % for the quarter that ended in Sep. 2024 was 40.17%.

Bank Millennium Tax Rate % Historical Data

The historical data trend for Bank Millennium'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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Bank Millennium Tax Rate % Chart

Bank Millennium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.87 89.18 -33.06 -38.84 56.14

Bank Millennium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 63.42 55.09 0.67 -94.84 40.17

Bank Millennium Tax Rate % Calculation

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

Bank Millennium'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 )
=736.77/1312.487
=56.14 %

Bank Millennium's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=127.41/317.173
=40.17 %

* 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.

Bank Millennium Tax Rate % Related Terms

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Bank Millennium Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (WAR:MIL) » Definitions » Tax Rate %
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Traded in Other Exchanges
1HN:Germany
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Website
https://www.bankmillennium.pl
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.

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