Arab National Bank (SAU:1080) Tax Rate % : 12.77% (As of Mar. 2024)

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What is Arab National Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arab National Bank's Tax Expense for the three months ended in Mar. 2024 was ﷼181 Mil. Arab National Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼1,417 Mil. Therefore, Arab National Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 12.77%.

Arab National Bank Tax Rate % Historical Data

The historical data trend for Arab National 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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Arab National Bank Tax Rate % Chart

Arab National Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.89

19.55

17.17

15.57

14.14

Arab National 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															13.38	15.10	13.48	14.72	12.77

Arab National Bank Tax Rate % Calculation

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

Arab National 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 )
	=	671.111	/	4746.75
	=	14.14 %

Arab National 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 )
	=	180.909	/	1416.875
	=	12.77 %

Arab National Bank Tax Rate % Related Terms

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Arab National Bank (SAU:1080) Business Description

Industry

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Traded in Other Exchanges

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Address

Arab National Bank, P.O. Box 56921, Riyadh, SAU, 11564

Website

https://www.anb.com.sa

Arab National Bank is a commercial banking service provider based in Saudi Arabia. Its core business comprises commercial, Islamic, and investment banking services. The company's business is divided into business segments; the Retail banking segment includes Deposit, credit, and investment products for individuals and the Bank's London branch, and the Corporate banking segment includes Loans and advances, deposits, and other credit products for corporate and institutional customers, small to medium-sized businesses.

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