Ajman Bank PJSC (DFM:AJMANBANK) Tax Rate % : 12.54% (As of Dec. 2024)

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What is Ajman Bank PJSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ajman Bank PJSC's Tax Expense for the three months ended in Dec. 2024 was د.إ15.9 Mil. Ajman Bank PJSC's Pre-Tax Income for the three months ended in Dec. 2024 was د.إ127.0 Mil. Therefore, Ajman Bank PJSC's Tax Rate % for the quarter that ended in Dec. 2024 was 12.54%.

Ajman Bank PJSC Tax Rate % Historical Data

The historical data trend for Ajman 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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Ajman Bank PJSC Tax Rate % Chart

Ajman Bank PJSC Annual Data

Trend

Dec15

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Dec24

Tax Rate %

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8.90

Ajman Bank PJSC 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															-	-	-	7.58	12.54

Ajman Bank PJSC Tax Rate % Calculation

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

Ajman Bank PJSC'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 )
	=	39.129	/	439.779
	=	8.90 %

Ajman Bank PJSC'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 )
	=	15.929	/	127.018
	=	12.54 %

Ajman Bank PJSC Tax Rate % Related Terms

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Ajman Bank PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ajman Bank PJSC (DFM:AJMANBANK) » Definitions » Tax Rate %

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Address

Union Street, P.O. Box 7770, Ajman Bank Building, Ajman, ARE

Website

https://www.ajmanbank.ae

Ajman Bank PJSC provides banking products and services in the United Arab Emirates, Gulf countries, and internationally. It focuses on undertaking banking, financing, and investing through Islamic financing and investment products. The company's operating segments include consumer banking, wholesale banking, and treasury and others. Consumer banking includes private customer current accounts, savings accounts, deposits, credit and debit cards, personal finance and house mortgage. Wholesale banking includes investing assets, deposits, trade finance transactions, investment solutions, wealth management etc. Treasury includes the dealing room, related money market, foreign exchange transactions with other banks and financial institutions. Maximum revenue is from consumer banking, from UAE.

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