National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Tax Rate % : 8.92% (As of Dec. 2024)

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What is National Bank of Ras Al-Khaimah PSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Bank of Ras Al-Khaimah PSC's Tax Expense for the three months ended in Dec. 2024 was د.إ38 Mil. National Bank of Ras Al-Khaimah PSC's Pre-Tax Income for the three months ended in Dec. 2024 was د.إ424 Mil. Therefore, National Bank of Ras Al-Khaimah PSC's Tax Rate % for the quarter that ended in Dec. 2024 was 8.92%.

National Bank of Ras Al-Khaimah PSC Tax Rate % Historical Data

The historical data trend for National Bank of Ras Al-Khaimah PSC'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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National Bank of Ras Al-Khaimah PSC Tax Rate % Chart

National Bank of Ras Al-Khaimah PSC Annual Data

Trend

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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0.76

8.89

National Bank of Ras Al-Khaimah PSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															3.09	8.76	8.92	8.96	8.92

National Bank of Ras Al-Khaimah PSC Tax Rate % Calculation

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

National Bank of Ras Al-Khaimah PSC's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	202.446	/	2278.09
	=	8.89 %

National Bank of Ras Al-Khaimah PSC's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	37.819	/	424.042
	=	8.92 %

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National Bank of Ras Al-Khaimah PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) » Definitions » Tax Rate %

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Address

Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, Ras Al-Khaimah, ARE

Website

https://www.rakbank.ae

National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Retail Banking, Wholesale Banking, Business Banking, Head office & Others. It generates maximum revenue from the Wholesale banking segment which represents transactions with corporate bodies including government and public bodies and comprises loans, advances, deposits, and trade finance transactions of corporate customers and financial institutions.

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