Paragon Banking Group (LSE:PAG) Tax Rate % : 24.43% (As of Sep. 2023)

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What is Paragon Banking Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Paragon Banking Group's Tax Expense for the six months ended in Sep. 2023 was £37.5 Mil. Paragon Banking Group's Pre-Tax Income for the six months ended in Sep. 2023 was £153.5 Mil. Therefore, Paragon Banking Group's Tax Rate % for the quarter that ended in Sep. 2023 was 24.43%.

Paragon Banking Group Tax Rate % Historical Data

The historical data trend for Paragon Banking Group'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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Paragon Banking Group Tax Rate % Chart

Paragon Banking Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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19.87

22.89

23.02

24.96

23.01

Paragon Banking Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															23.02	24.03	25.45	18.32	24.43

Paragon Banking Group Tax Rate % Calculation

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

Paragon Banking Group's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	46	/	199.9
	=	23.01 %

Paragon Banking Group's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	37.5	/	153.5
	=	24.43 %

Paragon Banking Group Tax Rate % Related Terms

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Paragon Banking Group (LSE:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Banking Group PLC (LSE:PAG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PAGl:UK

Address

51 Homer Road, Solihull, West Midlands, GBR, B91 3QJ

Website

https://www.paragonbankinggroup.co.uk

Paragon Banking Group PLC, is a specialty finance company that provides diversified banking services to clients. The company operates two core businesses: Mortgages Lending and Commercial Lending. The Mortgages Lending includes the Group's buy-to-let, and owner-occupied first and second charge lending and related activities. Commercial Lending, includes the Group's equipment and motor finance leasing activities, together with development finance, structured lending and other offerings targeted towards SME customers.