Habib Bank (KAR:HBL) Tax Rate % : 50.04% (As of Mar. 2024)

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What is Habib Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Habib Bank's Tax Expense for the three months ended in Mar. 2024 was ₨15,070 Mil. Habib Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₨30,113 Mil. Therefore, Habib Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 50.04%.

Habib Bank Tax Rate % Historical Data

The historical data trend for Habib 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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Habib Bank Tax Rate % Chart

Habib Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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46.33

41.71

42.76

55.34

49.14

Habib 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															38.35	56.40	48.06	50.75	50.04

Habib Bank Tax Rate % Calculation

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

Habib Bank'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 )
	=	55793.58	/	113550.996
	=	49.14 %

Habib Bank'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 )
	=	15069.7	/	30113.283
	=	50.04 %

Habib Bank Tax Rate % Related Terms

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Habib Bank (KAR:HBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Habib Bank Ltd (KAR:HBL) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

HBL Tower, Plot No. G-4, KDA Scheme 5, Block 7 Clifton, Karachi, PAK, 75650

Website

https://www.hbl.com

Habib Bank Ltd is engaged in commercial banking related services in Pakistan and overseas. The operating business segments are Branch banking, Consumer, SME and rural banking, Islamic banking, Corporate, commercial and investment banking, International and correspondent banking, Treasury, Asset management, Microfinance and Head Office / Others. The company operates in Pakistan, the Middle East, Asia and Africa, and Europe and North America. The branch banking segment derives maximum revenue for the company.

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