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Mizrahi Tefahot Bank (XTAE:MZTF) Tax Rate % : 37.76% (As of Sep. 2024)


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What is Mizrahi Tefahot Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mizrahi Tefahot Bank's Tax Expense for the three months ended in Sep. 2024 was ₪898 Mil. Mizrahi Tefahot Bank's Pre-Tax Income for the three months ended in Sep. 2024 was ₪2,378 Mil. Therefore, Mizrahi Tefahot Bank's Tax Rate % for the quarter that ended in Sep. 2024 was 37.76%.

Mizrahi Tefahot Bank Tax Rate % Historical Data

The historical data trend for Mizrahi Tefahot 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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Mizrahi Tefahot Bank Tax Rate % Chart

Mizrahi Tefahot Bank 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 34.83 34.68 34.39 33.84 34.45

Mizrahi Tefahot Bank 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 35.47 32.44 38.95 37.24 37.76

Mizrahi Tefahot Bank Tax Rate % Calculation

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

Mizrahi Tefahot 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 )
=2669/7748
=34.45 %

Mizrahi Tefahot Bank'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 )
=898/2378
=37.76 %

* 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.

Mizrahi Tefahot Bank Tax Rate % Related Terms

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Mizrahi Tefahot Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizrahi Tefahot Bank Ltd (XTAE:MZTF) » Definitions » Tax Rate %
Comparable Companies
XTAE:POLI XTAE:LUMI XTAE:DSCT XTAE:FIBI XTAE:FIBIH XTAE:JBNK XTAE:EXPO CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658
Traded in Other Exchanges
N/A
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Website
https://www.mizrahi-tefahot.co.il
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The business segments of the company are Households (others), Households (residential mortgages), Private banking, Small and Micro businesses, Medium businesses, Large businesses, Institutional investors, and Financial management segment. Majority of the company's total revenue comes from the household segment. The company derives maximum revenue from Israel.

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