Ledyard Financial Group (Ledyard Financial Group) Tax Rate % : -23.14% (As of Mar. 2024)

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What is Ledyard Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ledyard Financial Group's Tax Expense for the three months ended in Mar. 2024 was $-0.09 Mil. Ledyard Financial Group's Pre-Tax Income for the three months ended in Mar. 2024 was $0.38 Mil. Therefore, Ledyard Financial Group's Tax Rate % for the quarter that ended in Mar. 2024 was -23.14%.

Ledyard Financial Group Tax Rate % Historical Data

The historical data trend for Ledyard Financial 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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Ledyard Financial Group Tax Rate % Chart

Ledyard Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.73

7.72

8.36

6.87

-13.52

Ledyard Financial Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															3.49	-46.44	-8.40	600.00	-23.14

Ledyard Financial Group Tax Rate % Calculation

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

Ledyard Financial Group'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 )
	=	-0.377	/	2.788
	=	-13.52 %

Ledyard Financial Group'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 )
	=	-0.087	/	0.376
	=	-23.14 %

Ledyard Financial Group Tax Rate % Related Terms

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Ledyard Financial Group (Ledyard Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ledyard Financial Group Inc (OTCPK:LFGP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Maple Street, Hanover, NH, USA, 03755

Website

https://www.ledyardbank.com

Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

From GuruFocus

Ledyard Financial Group Inc at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-14-2024