GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pacific Financial Corp (OTCPK:PFLC) » Definitions » Tax Rate %

Pacific Financial (Pacific Financial) Tax Rate % : 19.21% (As of Mar. 2024)


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

What is Pacific Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pacific Financial's Tax Expense for the three months ended in Mar. 2024 was $0.63 Mil. Pacific Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $3.28 Mil. Therefore, Pacific Financial's Tax Rate % for the quarter that ended in Mar. 2024 was 19.21%.


Pacific Financial Tax Rate % Historical Data

The historical data trend for Pacific Financial'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.

Pacific Financial Tax Rate % Chart

Pacific Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.98 20.09 18.51 17.51 18.84

Pacific Financial 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 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 18.45 20.27 19.07 17.10 19.21

Pacific Financial Tax Rate % Calculation

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

Pacific Financial'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 )
=3.391/17.996
=18.84 %

Pacific Financial'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 )
=0.63/3.28
=19.21 %

* 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.


Pacific Financial Tax Rate % Related Terms

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


Pacific Financial (Pacific Financial) Business Description

Traded in Other Exchanges
N/A
Address
1216 Skyview Drive, Aberdeen, WA, USA, 98520
Pacific Financial Corp is active in the financial services domain as a bank holding company of the Bank of the Pacific, based in the United States. Its business also includes loan production and real estate mortgage provision. Its commercial banking division caters through services such as business checking, business savings and certificates of deposits, business loans, treasury management and commercial real estate loans, while its personal banking services comprise of checking solutions, savings solutions, consumer loans and lines of credit.
Executives
Kristi Gundersen director PO BOX 1826, ABERDEEN WA 98520
Daniel J. Tupper director PO BOX 1826, ABERDEEN WA 98520
Loretta B Reece director PO BOX 1826, ABERDEEN WA 98520
Douglas N Biddle officer: CFO 1101 S. BOONE STREET, ABERDEEN WA 98520-5244
Randy Rust director 300 E MARKET STREET, ABERDEEN WA 98520-5244
Dwayne Carter director 1101 S BOONE STREET, ABERDEEN WA 98520
Denise Portmann officer: VP & CASHIER
Douglas M Schermer director
Dennis A Long director, officer: President
Randy W Rognlin director
Edward Ketel director
Philippe S Swaab officer: Vice President 1101 S BOONE STREET, ABERDEEN WA 98520
Duane E Hagstrom director
Dijk John Van officer: Secretary
Susan C Freese director