City Bank (DHA:CITYBANK) Tax Rate % : 35.76% (As of Dec. 2023)

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What is City Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. City Bank's Tax Expense for the three months ended in Dec. 2023 was BDT1,445 Mil. City Bank's Pre-Tax Income for the three months ended in Dec. 2023 was BDT4,039 Mil. Therefore, City Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 35.76%.

City Bank Tax Rate % Historical Data

The historical data trend for City 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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City Bank Tax Rate % Chart

City Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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56.13

37.53

42.43

49.02

42.41

City Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															35.58	58.68	39.66	41.73	35.76

City Bank Tax Rate % Calculation

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

City Bank'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 )
	=	4701.041	/	11085.702
	=	42.41 %

City Bank's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1444.581	/	4039.2
	=	35.76 %

City Bank Tax Rate % Related Terms

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City Bank (DHA:CITYBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Bank PLC (DHA:CITYBANK) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

136, Bir Uttam Mir Shawkat Sarak (Gulshan Avenue), Gulshan-2, Dhaka, BGD, 1212

Website

https://www.thecitybank.com

City Bank PLC operates as a commercial bank offering a range of depository, loan, and card products, and services. Its products and services include various types of savings and current accounts, personal loans, debit cards, credit cards, internet banking, corporate banking, SME banking, investment banking, and treasury and syndication services, among others. The company recognizes the majority of its revenue from interest, fees, commission, and investment income.

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