Nabil Bank (XNEP:NABIL) Tax Rate % : 26.69% (As of Jan. 2024)

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What is Nabil Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nabil Bank's Tax Expense for the three months ended in Jan. 2024 was NPR662 Mil. Nabil Bank's Pre-Tax Income for the three months ended in Jan. 2024 was NPR2,481 Mil. Therefore, Nabil Bank's Tax Rate % for the quarter that ended in Jan. 2024 was 26.69%.

Nabil Bank Tax Rate % Historical Data

The historical data trend for Nabil 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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Nabil Bank Tax Rate % Chart

Nabil Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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29.94

32.13

27.71

32.30

31.10

Nabil 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															30.19	30.52	34.69	31.36	26.69

Nabil Bank Tax Rate % Calculation

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

Nabil 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 )
	=	2944.903	/	9469.331
	=	31.10 %

Nabil 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 )
	=	662.234	/	2481.102
	=	26.69 %

Nabil Bank Tax Rate % Related Terms

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Nabil Bank (XNEP:NABIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nabil Bank Ltd (XNEP:NABIL) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Beena Marga, Durbar Marg, Nabil Center, Tindhara, Kathmandu, NPL, 44600

Website

https://www.nabilbank.com

Nabil Bank Ltd is a private sector bank in Nepal. It is engaged in providing a full range of commercial banking services. The company has seven segments based on geographic location. It generates maximum revenue from the Province 3 region. The company's products and services include Financial Intermediation, Treasury Operations, Trade Finance Operations and Cards, e-banking, and alternate channels. Some of its services include General Savings, Fixed Deposit account, housing loan, education loan, Online Account Management, Merchant Payment Service, and others. It earns a majority of revenue from Financial Intermediation.

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