Oita Bank (TSE:8392) Tax Rate % : 20.56% (As of Dec. 2023)

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What is Oita Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oita Bank's Tax Expense for the three months ended in Dec. 2023 was 円457 Mil. Oita Bank's Pre-Tax Income for the three months ended in Dec. 2023 was 円2,223 Mil. Therefore, Oita Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 20.56%.

Oita Bank Tax Rate % Historical Data

The historical data trend for Oita Bank'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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Oita Bank Tax Rate % Chart

Oita Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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40.51

42.80

22.74

27.08

25.52

Oita Bank 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															21.02	24.48	31.18	20.56	28.51

Oita Bank Tax Rate % Calculation

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

Oita Bank's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	2240	/	8779
	=	25.52 %

Oita Bank's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	457	/	2223
	=	20.56 %

Oita Bank Tax Rate % Related Terms

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Oita Bank (TSE:8392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oita Bank Ltd (TSE:8392) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-1, Funai-cho, Oita, JPN, 870-8601

Website

http://www.oitabank.co.jp

Oita Bank Ltd is a Japanese regional bank operating primarily in the Oita prefecture, located in the southwest of the nation's archipelago. The bank emphasizes a community-based strategy to create value alongside its operating region. It provides financial services to businesses and individuals, including banking, leasing, and credit cards. A majority of the bank's earning assets are in loans and bills discounted, followed by investment securities. Most of the bank's income is overwhelmingly net interest income, followed by fees and commissions.

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