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Arab Banking (BSC) (BAH:ABC) Tax Rate % : 16.81% (As of Jun. 2024)


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What is Arab Banking (BSC) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arab Banking (BSC)'s Tax Expense for the three months ended in Jun. 2024 was $19 Mil. Arab Banking (BSC)'s Pre-Tax Income for the three months ended in Jun. 2024 was $113 Mil. Therefore, Arab Banking (BSC)'s Tax Rate % for the quarter that ended in Jun. 2024 was 16.81%.

Arab Banking (BSC) Tax Rate % Historical Data

The historical data trend for Arab Banking (BSC)'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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Arab Banking (BSC) Tax Rate % Chart

Arab Banking (BSC) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 55.62 28.49 28.42 20.00

Arab Banking (BSC) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.48 25.23 21.35 16.51 16.81

Arab Banking (BSC) Tax Rate % Calculation

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

Arab Banking (BSC)'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 )
=74/370
=20.00 %

Arab Banking (BSC)'s Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=19/113
=16.81 %

* 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.

Arab Banking (BSC) Tax Rate % Related Terms

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Arab Banking (BSC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Banking Corp (BSC) (BAH:ABC) » Definitions » Tax Rate %
Comparable Companies
BAH:GFH BAH:SALAM BAH:BISB BAH:KHALEEJI BAH:ITHMR BAH:BBK BAH:NBB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658
Traded in Other Exchanges
N/A
Address
Building 152, Road 1703, Block 317, P.O. Box 5698, Bank ABC Tower, Diplomatic Area, Manama, BHR
Website
https://www.bank-abc.com
Arab Banking Corp (BSC) is an international bank registered in the Kingdom of Bahrain. It acts as a provider of trade finance, treasury, project & structured finance, syndications, corporate and institutional banking as well as Islamic banking services. It operates its business across the globe covering countries in the Middle East, North Africa, Europe, the Americas and Asia. The Group is organized into five operating segments- MENA subsidiaries, International wholesale banking, Group treasury, ABC Brasil and Others. It generates the majority of its revenue from fees, the commission received from products and services provided.

Arab Banking (BSC) Headlines

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