AB Bank (DHA:ABBANK) Tax Rate % : 55.94% (As of Sep. 2023)

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What is AB Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AB Bank's Tax Expense for the three months ended in Sep. 2023 was BDT144 Mil. AB Bank's Pre-Tax Income for the three months ended in Sep. 2023 was BDT257 Mil. Therefore, AB Bank's Tax Rate % for the quarter that ended in Sep. 2023 was 55.94%.

AB Bank Tax Rate % Historical Data

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

AB Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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93.86

90.95

70.40

63.49

74.90

AB Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															68.93	83.25	50.96	71.02	55.94

AB Bank Tax Rate % Calculation

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

AB Bank's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	2131.989	/	2846.343
	=	74.90 %

AB Bank's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	143.725	/	256.938
	=	55.94 %

AB Bank Tax Rate % Related Terms

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AB Bank (DHA:ABBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AB Bank PLC (DHA:ABBANK) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.abbl.com

AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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