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ABN AMRO Bank NV (WBO:ABN) Tax Rate % : 27.32% (As of Sep. 2024)


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What is ABN AMRO Bank NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ABN AMRO Bank NV's Tax Expense for the three months ended in Sep. 2024 was €259 Mil. ABN AMRO Bank NV's Pre-Tax Income for the three months ended in Sep. 2024 was €948 Mil. Therefore, ABN AMRO Bank NV's Tax Rate % for the quarter that ended in Sep. 2024 was 27.32%.

ABN AMRO Bank NV Tax Rate % Historical Data

The historical data trend for ABN AMRO Bank NV'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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ABN AMRO Bank NV Tax Rate % Chart

ABN AMRO Bank NV 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 23.66 112.64 32.86 21.42 23.90

ABN AMRO Bank NV 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 24.50 17.67 28.07 29.71 27.32

ABN AMRO Bank NV Tax Rate % Calculation

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

ABN AMRO Bank NV'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 )
=847/3544
=23.90 %

ABN AMRO Bank NV'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 )
=259/948
=27.32 %

* 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.

ABN AMRO Bank NV Tax Rate % Related Terms

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ABN AMRO Bank NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABN AMRO Bank NV (WBO:ABN) » Definitions » Tax Rate %
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Traded in Other Exchanges
AAVMY:USA ABMRF:USA ABN:Netherlands ABNa:UK 0RDM:UK AB2:Germany
Address
Gustav Mahlerlaan 10, PO Box 283, Amsterdam, NLD, 1082 PP
Website
https://www.abnamro.com
ABN Amro Bank is a Dutch bank, and the Netherlands accounts for around 90% of its operating profit. Operationally, retail and commercial banking contributes the majority of its operating profit, while ABN Amro continues to reduce its exposure to corporate and investment banking. It views private banking as one of its key growth areas.

ABN AMRO Bank NV Headlines

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