Mutual Trust Bank (DHA:MTB) Tax Rate % : 44.45% (As of Sep. 2024)

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What is Mutual Trust Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mutual Trust Bank's Tax Expense for the three months ended in Sep. 2024 was BDT721 Mil. Mutual Trust Bank's Pre-Tax Income for the three months ended in Sep. 2024 was BDT1,622 Mil. Therefore, Mutual Trust Bank's Tax Rate % for the quarter that ended in Sep. 2024 was 44.45%.

Mutual Trust Bank Tax Rate % Historical Data

The historical data trend for Mutual Trust 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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Mutual Trust Bank Tax Rate % Chart

Mutual Trust Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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56.84

46.94

15.98

26.61

19.88

Mutual Trust Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															18.70	-176.19	26.95	56.65	44.45

Mutual Trust Bank Tax Rate % Calculation

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

Mutual Trust 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 )
	=	709.462	/	3569.344
	=	19.88 %

Mutual Trust Bank's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	721.118	/	1622.308
	=	44.45 %

Mutual Trust Bank Tax Rate % Related Terms

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Mutual Trust Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mutual Trust Bank PLC (DHA:MTB) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

26 Gulshan Avenue, Gulshan 1, MTB Centre, Dhaka, BGD, 1212

Website

https://www.mutualtrustbank.com

Mutual Trust Bank PLC is a company that engages in the provision of various commercial banking and related services. Its products and services include savings and current accounts, and fixed deposits; personal, auto, home, home equity, and professional's loan products; overdraft facilities; credit cards; and locker services. The company's reportable segments include DBO (Domestic Banking Operation), OBU (Offshore Banking Unit), MTB Securities Limited, and MTB Capital Limited. The majority of its revenue is generated from the Domestic Banking Operation (Mian Operations) segment which includes the full range of commercial banking products and services offered by the following different business units: Corporate, Commercial, Retail Banking, Treasury, and Islamic Banking.