Banca Popolare di Sondrio SpA (LTS:0NWJ) Tax Rate % : 30.79% (As of Mar. 2024)

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What is Banca Popolare di Sondrio SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banca Popolare di Sondrio SpA's Tax Expense for the three months ended in Mar. 2024 was €65 Mil. Banca Popolare di Sondrio SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €210 Mil. Therefore, Banca Popolare di Sondrio SpA's Tax Rate % for the quarter that ended in Mar. 2024 was 30.79%.

Banca Popolare di Sondrio SpA Tax Rate % Historical Data

The historical data trend for Banca Popolare di Sondrio 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.

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Banca Popolare di Sondrio SpA Tax Rate % Chart

Banca Popolare di Sondrio SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.47

30.07

26.57

28.98

30.16

Banca Popolare di Sondrio SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															29.61	32.85	31.00	26.55	30.79

Banca Popolare di Sondrio SpA Tax Rate % Calculation

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

Banca Popolare di Sondrio 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 )
	=	199.122	/	660.284
	=	30.16 %

Banca Popolare di Sondrio SpA's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	64.615	/	209.843
	=	30.79 %

Banca Popolare di Sondrio SpA Tax Rate % Related Terms

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Banca Popolare di Sondrio SpA (LTS:0NWJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Popolare di Sondrio SpA (LTS:0NWJ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BPSO:Italy 593:Germany

Address

Piazza Garibaldi, 16, Sondrio, ITA, 23100

Website

https://www.popso.it

Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

Banca Popolare di Sondrio SpA (LTS:0NWJ) Headlines

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