Bank Albilad (SAU:1140) Tax Rate % : 10.30% (As of Mar. 2024)

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What is Bank Albilad Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Albilad's Tax Expense for the three months ended in Mar. 2024 was ﷼74 Mil. Bank Albilad's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼717 Mil. Therefore, Bank Albilad's Tax Rate % for the quarter that ended in Mar. 2024 was 10.30%.

Bank Albilad Tax Rate % Historical Data

The historical data trend for Bank Albilad'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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Bank Albilad Tax Rate % Chart

Bank Albilad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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10.31

10.20

10.30

Bank Albilad 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															10.30	10.30	10.30	10.30	10.30

Bank Albilad Tax Rate % Calculation

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

Bank Albilad'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 )
	=	272.019	/	2640.957
	=	10.30 %

Bank Albilad'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 )
	=	73.84	/	716.89
	=	10.30 %

Bank Albilad Tax Rate % Related Terms

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Bank Albilad (SAU:1140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Albilad (SAU:1140) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 140, Riyadh, SAU, 11411

Website

https://www.bankalbilad.com

Bank Albilad is a banking corporation conducting business mainly in the Kingdom of Saudi Arabia. It is divided into four operating segments: Retail banking provides services and products to individuals, including deposits, financing, remittances, and currency exchange, Corporate banking provides services and products to corporate customers including deposits, financing, and trade services, Treasury provides money market and treasury services and Investment banking and brokerage provides investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities. Key revenue is generated from the Retail banking segment.

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