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WOBK (Woodsboro Bk MD) Tax Rate % : 24.18% (As of Dec. 2023)


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What is Woodsboro Bk MD Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Woodsboro Bk MD's Tax Expense for the six months ended in Dec. 2023 was $1.17 Mil. Woodsboro Bk MD's Pre-Tax Income for the six months ended in Dec. 2023 was $4.84 Mil. Therefore, Woodsboro Bk MD's Tax Rate % for the quarter that ended in Dec. 2023 was 24.18%.

Woodsboro Bk MD Tax Rate % Historical Data

The historical data trend for Woodsboro Bk MD'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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Woodsboro Bk MD Tax Rate % Chart

Woodsboro Bk MD Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
22.88 24.50 23.02 22.57 24.18

Woodsboro Bk MD Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate % 22.88 24.50 23.02 22.57 24.18

Woodsboro Bk MD Tax Rate % Calculation

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

Woodsboro Bk MD'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 )
=1.17/4.839
=24.18 %

Woodsboro Bk MD's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=1.17/4.839
=24.18 %

* 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.

Woodsboro Bk MD Tax Rate % Related Terms

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Woodsboro Bk MD Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woodsboro Bk MD (OTCPK:WOBK) » Definitions » Tax Rate %
Comparable Companies
APLO GTPS UNIF EFSG VTYB AMFC GWBK CNBZ MCHT LKSB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
N/A
Address
5 North Main Street, Woodsboro, MD, USA, 21798
Website
https://www.woodsborobank.com
Woodsboro Bk MD provides a variety of financial services to individuals and corporate customers in its principal market area of Frederick County, Maryland through its five offices in Woodsboro, Frederick, and Thurmont, Maryland.

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