Saudi National Bank (SAU:1180) Tax Rate % : 11.24% (As of Mar. 2024)

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What is Saudi National Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Saudi National Bank's Tax Expense for the three months ended in Mar. 2024 was ﷼640 Mil. Saudi National Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼5,696 Mil. Therefore, Saudi National Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 11.24%.

Saudi National Bank Tax Rate % Historical Data

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

Saudi National Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.11

10.62

11.55

11.98

11.70

Saudi 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															11.96	11.71	12.63	10.45	11.24

Saudi National Bank Tax Rate % Calculation

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

Saudi 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 )
	=	2663.747	/	22772.574
	=	11.70 %

Saudi 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 )
	=	640.489	/	5696.225
	=	11.24 %

Saudi National Bank Tax Rate % Related Terms

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Saudi National Bank (SAU:1180) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Saudi National Bank (SAU:1180) » Definitions » Tax Rate %

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Address

King Fahd Road, The Saudi National Bank Tower, King Abdullah Financial District, 3208 - Al Aqeeq District Unit No. 778, Riyadh, SAU, 13519 - 6676

Website

https://www.alahli.com

Saudi National Bank is the largest financial institution in Saudi Arabia. It is engaged in the treasury and capital markets, asset management, brokerage, and investment banks. It has a presence in the Middle East, South Asia, and Turkey. Its operating segments include Retail Banking; Wholesale Banking; Capital Market; and International Banking. The majority of its revenue gets derived from the Retail segment.

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