GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Tax Rate %

Tectonic Financial (Tectonic Financial) Tax Rate % : 21.21% (As of Mar. 2019)


View and export this data going back to 2019. Start your Free Trial

What is Tectonic Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tectonic Financial's Tax Expense for the six months ended in Mar. 2019 was $0.36 Mil. Tectonic Financial's Pre-Tax Income for the six months ended in Mar. 2019 was $1.72 Mil. Therefore, Tectonic Financial's Tax Rate % for the quarter that ended in Mar. 2019 was 21.21%.

Tectonic Financial Tax Rate % Historical Data

The historical data trend for Tectonic Financial'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.

* Premium members only.

Tectonic Financial Tax Rate % Chart

Tectonic Financial Annual Data
Trend
Tax Rate %

Tectonic Financial Semi-Annual Data
Mar18 Mar19
Tax Rate % 21.66 21.21

Tectonic Financial Tax Rate % Calculation

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

Tectonic Financial's Tax Rate % for the fiscal year that ended in . 20 is calculated as

Tax Rate %=Tax Expense (A: . 20 )/Pre-Tax Income (A: . 20 )
=/
= %

Tectonic Financial's Tax Rate % for the quarter that ended in Mar. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2019 )/Pre-Tax Income (Q: Mar. 2019 )
=0.364/1.716
=21.21 %

* 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.

Tectonic Financial Tax Rate % Related Terms

Thank you for viewing the detailed overview of Tectonic Financial's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tectonic Financial (Tectonic Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248
Website
https://www.t.financial
Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.
Executives
George L Ball director, officer: Executive Co-Chairman C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman director, 10 percent owner, officer: Chairman 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

No Headlines