BankMuscat (SAOG) (MUS:BKMB) Tax Rate % : 16.34% (As of Dec. 2023)

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What is BankMuscat (SAOG) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BankMuscat (SAOG)'s Tax Expense for the three months ended in Dec. 2023 was ر.ع10.5 Mil. BankMuscat (SAOG)'s Pre-Tax Income for the three months ended in Dec. 2023 was ر.ع64.0 Mil. Therefore, BankMuscat (SAOG)'s Tax Rate % for the quarter that ended in Dec. 2023 was 16.34%.

BankMuscat (SAOG) Tax Rate % Historical Data

The historical data trend for BankMuscat (SAOG)'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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BankMuscat (SAOG) Tax Rate % Chart

BankMuscat (SAOG) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.70

16.50

15.34

15.12

15.77

BankMuscat (SAOG) Quarterly Data
	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															14.51	15.79	15.73	15.22	16.34

BankMuscat (SAOG) Tax Rate % Calculation

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

BankMuscat (SAOG)'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 )
	=	39.774	/	252.22
	=	15.77 %

BankMuscat (SAOG)'s Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	10.464	/	64.034
	=	16.34 %

BankMuscat (SAOG) Tax Rate % Related Terms

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BankMuscat (SAOG) (MUS:BKMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankMuscat (SAOG) (MUS:BKMB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BKM:UK

Address

Street No. 62, Block No. 311, Building No. 120/4, Airport Heights, Seeb, Muscat, OMN, 112

Website

https://www.bankmuscat.com

BankMuscat (SAOG) is a banking corporation. Its business is to accept Sharia-compliant customer deposits, provide Shari'a compliant financing based on various Shari'a compliant modes, undertake investment activities, commercial banking services, and other investment activities in the Sultanate of Oman. The company's service segments include corporate, personal, wholesale, islamic, and international banking. It generates maximum revenue from the personal banking segment.

BankMuscat (SAOG) (MUS:BKMB) Headlines

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