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Prime Bank (DHA:PRIMEBANK) Tax Rate % : 43.13% (As of Sep. 2024)


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What is Prime Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Prime Bank's Tax Expense for the three months ended in Sep. 2024 was BDT1,399 Mil. Prime Bank's Pre-Tax Income for the three months ended in Sep. 2024 was BDT3,244 Mil. Therefore, Prime Bank's Tax Rate % for the quarter that ended in Sep. 2024 was 43.13%.

Prime Bank Tax Rate % Historical Data

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

Prime Bank 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 69.23 52.69 43.85 36.02 28.34

Prime 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 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 45.27 -76.10 47.23 45.26 43.13

Prime Bank Tax Rate % Calculation

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

Prime 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 )
=1897.773/6697.15
=28.34 %

Prime 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 )
=1399.123/3244.29
=43.13 %

* 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.

Prime Bank Tax Rate % Related Terms

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Prime Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prime Bank PLC (DHA:PRIMEBANK) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
119~120 Motijheel C/A, Annex Building-2, Adamjee Court, Dhaka, BGD, 1000
Website
https://www.primebank.com.bd
Prime Bank PLC is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.

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