Global IME Bank (XNEP:GBIME) Tax Rate % : 22.16% (As of Jan. 2024)

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What is Global IME Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global IME Bank's Tax Expense for the three months ended in Jan. 2024 was NPR254 Mil. Global IME Bank's Pre-Tax Income for the three months ended in Jan. 2024 was NPR1,148 Mil. Therefore, Global IME Bank's Tax Rate % for the quarter that ended in Jan. 2024 was 22.16%.

Global IME Bank Tax Rate % Historical Data

The historical data trend for Global IME 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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Global IME Bank Tax Rate % Chart

Global IME Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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29.39

29.92

28.96

28.88

27.78

Global IME Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															24.57	30.55	27.19	32.61	22.16

Global IME Bank Tax Rate % Calculation

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

Global IME Bank's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	2669.659	/	9611.143
	=	27.78 %

Global IME Bank's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	254.359	/	1147.98
	=	22.16 %

Global IME Bank Tax Rate % Related Terms

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Global IME Bank (XNEP:GBIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Global IME Bank Ltd (XNEP:GBIME) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

IME Complex, Panipokhari, P.O. Box: 19327, Kathmandu, NPL

Website

http://www.globalimebank.com

Global IME Bank Ltd operates as a commercial bank in Nepal which provides entire commercial banking services. The bank offers a complete range of banking products in deposits, lending, trade finance, and remittances. Its deposit product portfolio encompasses customer tailored saving deposits, fixed deposits, call and current deposits. The lending product portfolio includes commercial loan products such as demand loans, cash credits, overdrafts, trust receipts, and term loans, whereas a complete portfolio of personal and retail credit products are also provided by the bank. It also provides internet and mobile banking services.

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