First Abu Dhabi Bank PJSC (ADX:FAB) Tax Rate % : 5.18% (As of Dec. 2023)

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What is First Abu Dhabi Bank PJSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Abu Dhabi Bank PJSC's Tax Expense for the three months ended in Dec. 2023 was د.إ224 Mil. First Abu Dhabi Bank PJSC's Pre-Tax Income for the three months ended in Dec. 2023 was د.إ4,319 Mil. Therefore, First Abu Dhabi Bank PJSC's Tax Rate % for the quarter that ended in Dec. 2023 was 5.18%.

First Abu Dhabi Bank PJSC Tax Rate % Historical Data

The historical data trend for First Abu Dhabi Bank PJSC'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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First Abu Dhabi Bank PJSC Tax Rate % Chart

First Abu Dhabi Bank PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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2.44

3.13

4.89

6.72

5.94

First Abu Dhabi Bank PJSC 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															12.07	7.32	4.64	6.62	5.18

First Abu Dhabi Bank PJSC Tax Rate % Calculation

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

First Abu Dhabi Bank PJSC'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 )
	=	1041.742	/	17551.986
	=	5.94 %

First Abu Dhabi Bank PJSC'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 )
	=	223.707	/	4318.541
	=	5.18 %

First Abu Dhabi Bank PJSC Tax Rate % Related Terms

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First Abu Dhabi Bank PJSC (ADX:FAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Abu Dhabi Bank PJSC (ADX:FAB) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Khalifa Business Park 1, P.O. Box 6316, FAB Building, Al Qurum District, Abu Dhabi, ARE

Website

https://www.bankfab.com

First Abu Dhabi Bank PJSC or FAB, is a Global bank headquartered in the United Arab Emirates. The company's segment includes Investment Banking; Corporate and commercial Banking Group; Consumer Banking; Global Private Banking and Head Office. It generates maximum revenue from the Investment Banking segment. IB offers banking and financing solutions, including corporate and Islamic finance, capital markets, transaction banking, trade, liquidity and cash management services along with a broad range of risk management solutions across credit, rates, FX and money market products.

First Abu Dhabi Bank PJSC (ADX:FAB) Headlines

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