GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » White River Bancshares Company (OTCPK:WRIV) » Definitions » Tax Rate %

White River Bancshares Company (White River Bancshares Company) Tax Rate % : 23.46% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is White River Bancshares Company Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. White River Bancshares Company's Tax Expense for the three months ended in Mar. 2024 was $0.16 Mil. White River Bancshares Company's Pre-Tax Income for the three months ended in Mar. 2024 was $0.67 Mil. Therefore, White River Bancshares Company's Tax Rate % for the quarter that ended in Mar. 2024 was 23.46%.


White River Bancshares Company Tax Rate % Historical Data

The historical data trend for White River Bancshares Company'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.

White River Bancshares Company Tax Rate % Chart

White River Bancshares Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 25.73 26.08 25.87 25.39 19.07

White River Bancshares Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 23.31 13.74 23.70 - 23.46

White River Bancshares Company Tax Rate % Calculation

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

White River Bancshares Company'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 )
=0.6/3.146
=19.07 %

White River Bancshares Company'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 )
=0.156/0.665
=23.46 %

* 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.


White River Bancshares Company Tax Rate % Related Terms

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


White River Bancshares Company (White River Bancshares Company) Business Description

Traded in Other Exchanges
N/A
Address
Signature Plaza / 3878 North Crossover Road, P. O. Box 8550, Suite 20, Fayetteville, AR, USA, 72703
White River Bancshares Company is a bank holding company. Through its subsidiary, it is engaged in providing a full range of financial services to individuals and commercial customers in Washington, Benton, Monroe, and Boone Counties in Arkansas. The Bank's primary deposit products are demand deposit accounts and certificates of deposit. Its primary lending products are real estate and commercial loans.