Bar Harbor Bankshares (FRA:42K) Tax Rate % : 20.28% (As of Mar. 2024)

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What is Bar Harbor Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bar Harbor Bankshares's Tax Expense for the three months ended in Mar. 2024 was €2.4 Mil. Bar Harbor Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was €11.7 Mil. Therefore, Bar Harbor Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 was 20.28%.

Bar Harbor Bankshares Tax Rate % Historical Data

The historical data trend for Bar Harbor Bankshares'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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Bar Harbor Bankshares Tax Rate % Chart

Bar Harbor Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.69

20.19

19.18

20.58

21.47

Bar Harbor Bankshares 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															21.56	20.82	22.42	21.01	20.28

Bar Harbor Bankshares Tax Rate % Calculation

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

Bar Harbor Bankshares'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 )
	=	11.247	/	52.376
	=	21.47 %

Bar Harbor Bankshares'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 )
	=	2.363	/	11.651
	=	20.28 %

Bar Harbor Bankshares Tax Rate % Related Terms

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Bar Harbor Bankshares (FRA:42K) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bar Harbor Bankshares Inc (FRA:42K) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BHB:USA

Address

82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400

Website

https://www.barharbor.bank

Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.

Bar Harbor Bankshares (FRA:42K) Headlines

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