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Stanbic IBTC Holdings (NSA:STANBIC) Tax Rate % : 27.23% (As of Mar. 2024)


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What is Stanbic IBTC Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Stanbic IBTC Holdings's Tax Expense for the three months ended in Mar. 2024 was ₦17,074 Mil. Stanbic IBTC Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was ₦62,713 Mil. Therefore, Stanbic IBTC Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 27.23%.

Stanbic IBTC Holdings Tax Rate % Historical Data

The historical data trend for Stanbic IBTC Holdings'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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Stanbic IBTC Holdings Tax Rate % Chart

Stanbic IBTC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.48 12.15 13.69 19.48 18.67

Stanbic IBTC Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.41 16.41 11.11 27.81 27.23

Stanbic IBTC Holdings Tax Rate % Calculation

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

Stanbic IBTC Holdings'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 )
=32290/172907
=18.67 %

Stanbic IBTC Holdings'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 )
=17074/62713
=27.23 %

* 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.

Stanbic IBTC Holdings Tax Rate % Related Terms

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Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stanbic IBTC Holdings PLC (NSA:STANBIC) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA
Website
https://www.stanbicibtcbank.com
Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

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