NCB Financial Group (XJAM:NCBFG) Tax Rate % : 28.91% (As of Dec. 2023)

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What is NCB Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NCB Financial Group's Tax Expense for the three months ended in Dec. 2023 was JMD2,428 Mil. NCB Financial Group's Pre-Tax Income for the three months ended in Dec. 2023 was JMD8,398 Mil. Therefore, NCB Financial Group's Tax Rate % for the quarter that ended in Dec. 2023 was 28.91%.

NCB Financial Group Tax Rate % Historical Data

The historical data trend for NCB Financial Group'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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NCB Financial Group Tax Rate % Chart

NCB Financial Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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17.09

2.50

24.52

12.93

23.17

NCB Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															45.78	24.64	9.51	11.75	28.91

NCB Financial Group Tax Rate % Calculation

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

NCB Financial Group's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	4625.957	/	19961.884
	=	23.17 %

NCB Financial Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	2428	/	8398
	=	28.91 %

NCB Financial Group Tax Rate % Related Terms

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NCB Financial Group (XJAM:NCBFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NCB Financial Group Ltd (XJAM:NCBFG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NCBFG:Trinidad and Tobago

Address

32 Trafalgar Road, The Atrium, Kingston, JAM, 10

Website

https://www.myncb.com

NCB Financial Group Ltd provides financial services. It provides many products and services to meet the banking needs of customers, deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, and personal and private banking services are part of the offerings. Its segments comprise Consumer & SME banking; Payment services; Corporate & commercial banking; Treasury & correspondent banking; Wealth, asset management & investment banking; Life and health insurance & pension fund management; and General insurance. The majority of revenue gets derived from the Life and health insurance & pension fund management segment.

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