Jordan Kuwait Bank (AMM:JOKB) Tax Rate % : 14.52% (As of Dec. 2024)

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What is Jordan Kuwait Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jordan Kuwait Bank's Tax Expense for the three months ended in Dec. 2024 was JOD7.8 Mil. Jordan Kuwait Bank's Pre-Tax Income for the three months ended in Dec. 2024 was JOD53.7 Mil. Therefore, Jordan Kuwait Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 14.52%.

Jordan Kuwait Bank Tax Rate % Historical Data

The historical data trend for Jordan Kuwait 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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Jordan Kuwait Bank Tax Rate % Chart

Jordan Kuwait Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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28.79

36.18

31.49

25.99

15.94

Jordan Kuwait Bank 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															45.76	19.46	22.56	8.18	14.52

Jordan Kuwait Bank Tax Rate % Calculation

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

Jordan Kuwait Bank'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 )
	=	36.852	/	231.173
	=	15.94 %

Jordan Kuwait Bank'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 )
	=	7.802	/	53.725
	=	14.52 %

Jordan Kuwait Bank Tax Rate % Related Terms

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Jordan Kuwait Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jordan Kuwait Bank (AMM:JOKB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

62 Omaya Bin Abdshams Street, P.O. Box 9776, Amman, JOR, 11191

Website

https://www.jkb.com

Jordan Kuwait Bank provides banking and financial services. It offers Retail banking, Business Banking, Private Banking, and Treasury and Investment. The Bank conducts international operations through its branches in Cyprus and Palestine. The Bank offers individual (retail) loans, real estate loans, and loans to large companies, small and medium enterprises (SMEs), and government and public sector companies. Also, offers current accounts, savings accounts, and fixed deposits. It offers automobile, housing, and student loans. It offers American Express, MasterCard, and Visa cards. The Bank performs its operations mainly in the Hashemite Kingdom of Jordan which represents local operations, and hence it generates most of its revenue from Jordan itself.

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