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FinecoBank SpA (MIL:FBK) Tax Rate % : 31.71% (As of Dec. 2023)


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What is FinecoBank SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FinecoBank SpA's Tax Expense for the three months ended in Dec. 2023 was €142.4 Mil. FinecoBank SpA's Pre-Tax Income for the three months ended in Dec. 2023 was €449.1 Mil. Therefore, FinecoBank SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 31.71%.


FinecoBank SpA Tax Rate % Historical Data

The historical data trend for FinecoBank SpA'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.

FinecoBank SpA Tax Rate % Chart

FinecoBank SpA 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 24.80 29.83 23.00 29.10 30.17

FinecoBank SpA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 26.98 30.42 - 29.29 31.71

FinecoBank SpA Tax Rate % Calculation

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

FinecoBank SpA'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 )
=263.137/872.238
=30.17 %

FinecoBank SpA'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 )
=142.405/449.113
=31.71 %

* 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.


FinecoBank SpA Tax Rate % Related Terms

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FinecoBank SpA (MIL:FBK) Business Description

Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.