Grong Sparebank (OSL:GRONG) Tax Rate % : 22.77% (As of Mar. 2024)

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What is Grong Sparebank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grong Sparebank's Tax Expense for the three months ended in Mar. 2024 was kr7.0 Mil. Grong Sparebank's Pre-Tax Income for the three months ended in Mar. 2024 was kr30.7 Mil. Therefore, Grong Sparebank's Tax Rate % for the quarter that ended in Mar. 2024 was 22.77%.

Grong Sparebank Tax Rate % Historical Data

The historical data trend for Grong Sparebank'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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Grong Sparebank Tax Rate % Chart

Grong Sparebank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.54

18.71

20.89

12.76

17.28

Grong Sparebank 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															30.98	15.92	22.55	10.30	22.77

Grong Sparebank Tax Rate % Calculation

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

Grong Sparebank'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 )
	=	32.42	/	187.635
	=	17.28 %

Grong Sparebank'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 )
	=	6.992	/	30.705
	=	22.77 %

Grong Sparebank Tax Rate % Related Terms

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Grong Sparebank (OSL:GRONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grong Sparebank (OSL:GRONG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sundspetvegen 2, PB 104, Grong, NOR, 7871

Website

https://www.grong-sparebank.no

Grong Sparebank is an independent, local savings bank. It offers banking services to the local community such as Car loans, Mortgage, Loans and refinancing, Retirement and Bank Savings, Insurances, mobile and Online Banking, International payment and others.

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