Santander UK (SNTUF) Tax Rate (2011 - 2020)

Santander UK (SNTUF) posted quarterly Tax Rate of 26.92% for Q1 2020, up 12.0% year-on-year from 24.04% in Q2 2019, and down 281.36% on a QoQ basis from 7.06% in Q4 2019.

Santander UK (SNTUF) Tax Rate (2011 - 2020) Analysis & Trends

Santander UK (SNTUF) has reported Tax Rate for 9 consecutive years, with 26.92% the latest figure, recorded in Q1 2020.

  • Quarterly Tax Rate rose 12.0% year-over-year to 26.92% in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 26.92% (up 12.0% YoY) and the FY2025 annual result came in at 26.72%, down 130.0% from the prior year.
  • Tax Rate fell to 26.92% in Q1 2020 per SNTUF's latest filing, from 7.06% in the prior quarter.
  • Over the last five years, Tax Rate for SNTUF reached as high as 7.06% in Q4 2019 and fell as low as 30.38% in Q3 2017.
  • A 5-year average of 23.45% and a median of 26.98% in 2019 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2016 — Tax Rate slumped 911 bps — and 2018, when it surged 422 bps.
  • Year by year, Tax Rate stood at 29.54% in 2016, then surged by 60 bps to 11.91% in 2017, then gained by 24 bps to 9.11% in 2018, then grew by 22 bps to 7.06% in 2019, then plunged by 281 bps to 26.92% in 2020.
  • According to Business Quant data, Tax Rate over the past three periods registered 26.92%, 7.06%, and 28.71% for Q1 2020, Q4 2019, and Q3 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 4,107.35 Bn 4,107.35 Bn 167,623.00 -22.54%
2 Lloyds Banking 358.44 Bn 358.44 Bn - -23.21%
3 First Capital 213.51 Bn 213.16 Bn - 19.21%
4 Landmark Bancorp 194.36 Bn 194.33 Bn - 19.83%
5 NatWest 142.84 Bn 142.84 Bn 1.79 Bn -25.87%
6 Pnc Financial Services 101.88 Bn 101.88 Bn - 18.98%
7 Us Bancorp \De\ 99.34 Bn 99.34 Bn - 19.39%
8 Santander UK 86.74 Bn 86.74 Bn - -
9 Grupo Aval Acciones Y Valores 79.80 Bn -1,844.62 Bn - 42.91%
10 Nu Holdings 70.90 Bn 55.75 Bn 1.94 Bn 168.01%

Historic Data

Download Data
DateValue
Mar 31, 2020 -26.92%
Mar 31, 2020 -26.92%
Mar 31, 2020 -26.92%
Dec 31, 2019 -7.06%
Dec 31, 2019 -7.06%
Dec 31, 2019 -7.06%
Sep 30, 2019 -28.71%
Sep 30, 2019 -28.71%
Sep 30, 2019 -28.71%
Mar 31, 2019 -27.05%
Mar 31, 2019 -27.05%
Mar 31, 2019 -27.05%
Dec 31, 2018 -9.11%
Dec 31, 2018 -9.11%
Dec 31, 2018 -9.11%
Sep 30, 2018 -26.17%
Sep 30, 2018 -26.17%
Sep 30, 2018 -26.17%
Mar 31, 2018 -26.27%
Mar 31, 2018 -26.27%