Al Baraka Bank Egypt (CAI:SAUD) Tax Rate % : 24.07% (As of Jun. 2024)

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What is Al Baraka Bank Egypt Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Baraka Bank Egypt's Tax Expense for the three months ended in Jun. 2024 was E£247 Mil. Al Baraka Bank Egypt's Pre-Tax Income for the three months ended in Jun. 2024 was E£1,024 Mil. Therefore, Al Baraka Bank Egypt's Tax Rate % for the quarter that ended in Jun. 2024 was 24.07%.

Al Baraka Bank Egypt Tax Rate % Historical Data

The historical data trend for Al Baraka Bank Egypt'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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Al Baraka Bank Egypt Tax Rate % Chart

Al Baraka Bank Egypt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.82

37.51

35.42

33.99

34.63

Al Baraka Bank Egypt 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															34.14	30.22	36.48	39.64	24.07

Al Baraka Bank Egypt Tax Rate % Calculation

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

Al Baraka Bank Egypt'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 )
	=	1174.959	/	3392.762
	=	34.63 %

Al Baraka Bank Egypt'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 )
	=	246.556	/	1024.398
	=	24.07 %

Al Baraka Bank Egypt Tax Rate % Related Terms

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Al Baraka Bank Egypt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Baraka Bank Egypt (CAI:SAUD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road 90, P.O. Box 84, City Center, First Sector, 5th Settlement, New Cairo, EGY

Website

http://www.albaraka-bank.com.eg

Al Baraka Bank Egypt operates as an Islamic bank. It provides banking, commercial, financial and investment services. Geographically, it derives a majority of revenue from Greater Cairo. The Bank provides direct financing to companies and institutions that enjoy high creditworthiness, and participates in the syndicated loans of economically feasible large projects that provide employment opportunities as well as contributes to the finance of small and medium enterprises. Its products and services include trade finance such as open account, payment guarantee, vostro accounts, and various investment funds scheme.

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