Burke Effective Tax Rate from 2010 to 2024

BHRB Stock  USD 68.69  0.70  1.01%   
Burke Herbert's Effective Tax Rate is decreasing over the years with slightly volatile fluctuation. Effective Tax Rate is expected to dwindle to 0.09. From 2010 to 2024 Burke Herbert Effective Tax Rate quarterly data regression line had arithmetic mean of  0.12 and significance of  0.1. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.09452935
Current Value
0.0898
Quarterly Volatility
0.07563958
 
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Covid
Check Burke Herbert financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Burke Herbert's main balance sheet or income statement drivers, such as Interest Expense of 55.8 M, Selling General Administrative of 38.2 M or Total Revenue of 98 M, as well as many indicators such as Price To Sales Ratio of 5.13, Dividend Yield of 0.0258 or PTB Ratio of 1.99. Burke financial statements analysis is a perfect complement when working with Burke Herbert Valuation or Volatility modules.
  
Check out the analysis of Burke Herbert Correlation against competitors.

Latest Burke Herbert's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Burke Herbert Financial over the last few years. Effective Tax Rate is the average rate at which Burke Herbert Financial pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Burke Herbert total tax expenses by Burke Herbert earnings before taxes. It is Burke Herbert's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Burke Herbert's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Burke Effective Tax Rate Regression Statistics

Arithmetic Mean0.12
Coefficient Of Variation64.45
Mean Deviation0.04
Median0.11
Standard Deviation0.08
Sample Variance0.01
Range0.3537
R-Value(0.44)
Mean Square Error0
R-Squared0.19
Significance0.1
Slope(0.01)
Total Sum of Squares0.08

Burke Effective Tax Rate History

2024 0.0898
2023 0.0945
2022 0.16
2020 0.0682
2019 -0.0152
2018 0.0596
2017 0.19

About Burke Herbert Financial Statements

Burke Herbert stakeholders use historical fundamental indicators, such as Burke Herbert's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Burke Herbert investors may analyze each financial statement separately, they are all interrelated. For example, changes in Burke Herbert's assets and liabilities are reflected in the revenues and expenses on Burke Herbert's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Burke Herbert Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.09  0.09 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Burke Herbert Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Burke Herbert's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Burke Herbert Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Burke Herbert Financial Stock:
Check out the analysis of Burke Herbert Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Burke Herbert. If investors know Burke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Burke Herbert listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.333
Dividend Share
2.14
Earnings Share
2
Revenue Per Share
13.863
Quarterly Revenue Growth
2.179
The market value of Burke Herbert Financial is measured differently than its book value, which is the value of Burke that is recorded on the company's balance sheet. Investors also form their own opinion of Burke Herbert's value that differs from its market value or its book value, called intrinsic value, which is Burke Herbert's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Burke Herbert's market value can be influenced by many factors that don't directly affect Burke Herbert's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Burke Herbert's value and its price as these two are different measures arrived at by different means. Investors typically determine if Burke Herbert is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Burke Herbert's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.