Philippine Business Bank (PHS:PBB) Tax Rate % : 24.76% (As of Mar. 2024)

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What is Philippine Business Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Philippine Business Bank's Tax Expense for the three months ended in Mar. 2024 was ₱168 Mil. Philippine Business Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₱680 Mil. Therefore, Philippine Business Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 24.76%.

Philippine Business Bank Tax Rate % Historical Data

The historical data trend for Philippine Business 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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Philippine Business Bank Tax Rate % Chart

Philippine Business Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.80

21.58

34.84

29.59

22.03

Philippine Business Bank 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															22.07	29.06	28.07	14.30	24.76

Philippine Business Bank Tax Rate % Calculation

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

Philippine Business 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 )
	=	515.335	/	2339.352
	=	22.03 %

Philippine Business Bank'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 )
	=	168.357	/	679.827
	=	24.76 %

Philippine Business Bank Tax Rate % Related Terms

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Philippine Business Bank (PHS:PBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Business Bank (PHS:PBB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400

Website

https://www.pbb.com.ph

Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

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