Bank Leumi Le-Israel BM (XTAE:LUMI) Tax Rate % : 35.38% (As of Mar. 2024)

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What is Bank Leumi Le-Israel BM Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Leumi Le-Israel BM's Tax Expense for the three months ended in Mar. 2024 was ₪1,503 Mil. Bank Leumi Le-Israel BM's Pre-Tax Income for the three months ended in Mar. 2024 was ₪4,248 Mil. Therefore, Bank Leumi Le-Israel BM's Tax Rate % for the quarter that ended in Mar. 2024 was 35.38%.

Bank Leumi Le-Israel BM Tax Rate % Historical Data

The historical data trend for Bank Leumi Le-Israel BM'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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Bank Leumi Le-Israel BM Tax Rate % Chart

Bank Leumi Le-Israel BM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.86

38.84

35.44

32.71

33.51

Bank Leumi Le-Israel BM 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															29.99	36.91	33.02	33.18	35.38

Bank Leumi Le-Israel BM Tax Rate % Calculation

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

Bank Leumi Le-Israel BM'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 )
	=	3988	/	11901
	=	33.51 %

Bank Leumi Le-Israel BM'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 )
	=	1503	/	4248
	=	35.38 %

Bank Leumi Le-Israel BM Tax Rate % Related Terms

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Bank Leumi Le-Israel BM (XTAE:LUMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Leumi Le-Israel BM (XTAE:LUMI) » Definitions » Tax Rate %

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Traded in Other Exchanges

BLMIF:USA

Address

24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546

Website

https://www.bankleumi.co.il

Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.

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