Hana Financial Group (XKRX:086790) Tax Rate % : 25.64% (As of Mar. 2024)

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What is Hana Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hana Financial Group's Tax Expense for the three months ended in Mar. 2024 was ₩359,153 Mil. Hana Financial Group's Pre-Tax Income for the three months ended in Mar. 2024 was ₩1,400,706 Mil. Therefore, Hana Financial Group's Tax Rate % for the quarter that ended in Mar. 2024 was 25.64%.

Hana Financial Group Tax Rate % Historical Data

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

Hana Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.83

28.00

26.98

26.38

25.91

Hana Financial Group 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															25.83	27.86	22.44	28.86	25.64

Hana Financial Group Tax Rate % Calculation

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

Hana 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 )
	=	1212856	/	4681212
	=	25.91 %

Hana 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 )
	=	359153	/	1400706
	=	25.64 %

Hana Financial Group Tax Rate % Related Terms

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Hana Financial Group (XKRX:086790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hana Financial Group Inc (XKRX:086790) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

55 Eulji-ro Jung-gu, Seoul, KOR, 100-782

Website

http://www.hanafn.com

Hana Financial is one of Korea's four largest commercial banking groups. In commercial banking, it is a similar size to its three peers with an 11% share of loans as of 2022, but its total assets are about 20% to 25% smaller than Shinhan's and KB's owing to a smaller scale in nonbank financial businesses. This reflects Shinhan's and KB's expansion of these areas in recent years while Hana was busy integrating Korea Exchange Bank into KEB Hana Bank and replenishing its capital levels after the 2012 acquisition. The integration progressed smoothly, in our view, with Korea Exchange Bank's strength in large corporate business proving to be a good fit for the former Hana Bank's strength in retail.

Hana Financial Group (XKRX:086790) Headlines

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