Regional de Cv (Regional de Cv) Tax Rate % : 24.39% (As of Mar. 2024)

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What is Regional de Cv Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Regional de Cv's Tax Expense for the three months ended in Mar. 2024 was $31.4 Mil. Regional de Cv's Pre-Tax Income for the three months ended in Mar. 2024 was $128.7 Mil. Therefore, Regional de Cv's Tax Rate % for the quarter that ended in Mar. 2024 was 24.39%.

Regional de Cv Tax Rate % Historical Data

The historical data trend for Regional de Cv'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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Regional de Cv Tax Rate % Chart

Regional de Cv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.01

28.56

25.33

23.97

25.27

Regional de Cv 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															25.16	24.64	24.49	26.57	24.39

Regional de Cv Tax Rate % Calculation

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

Regional de Cv'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 )
	=	112.995	/	447.207
	=	25.27 %

Regional de Cv'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 )
	=	31.393	/	128.704
	=	24.39 %

Regional de Cv Tax Rate % Related Terms

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Regional de Cv (Regional de Cv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Regional SA de Cv (OTCPK:RGNLF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RA:Mexico

Address

Av. Pedro Ramírez Vazquez 200, Tower 12, Ucaly Corporate Park Colony, San Pedro Garza Garcia, NL, MEX, 66278

Website

https://www.regional.mx

Regional SA de Cv, formerly Banregio Grupo Financiero SAB de CV is a Mexico-based financial institution engaged in the banking sector. Operations are primarily dedicated to small and medium-sized companies. Service offerings include business loans, leasing, factoring, and working capital loans. Banregio has its locations primarily located across central and northern Mexico. The bank's business is divided into seven distinct segments: Medium-Sized Enterprises, Automotive, Small-Sized Enterprises, Personal Banking, Mortgage, Consumer Credit, and Brokerage. Outside of its variety of loan offerings, the bank provides insurance, checking accounts, savings, credit for land and real estate acquisition, and several other products.