QNB Bank AS (IST:QNBTR) Tax Rate %: 24.97% (As of Jun. 2026)

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IST:QNBTR QNB Bank AS IST:QNBTR
44 GF Score
Price ₺188.00
GF Value ₺348.43
Valuation Significantly Undervalued
! 3 Warning Signs
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What is QNB Bank AS Tax Rate %?

QNB Bank AS IST:QNBTR -1.57% 44 Tax Rate % is 24.97% as of Jun. 2026. GuruFocus rates IST:QNBTR with a GF Score™ of 44/100 and a GF Value™ of ₺348.43 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. QNB Bank AS's Tax Expense for the three months ended in Jun. 2026 was ₺4,511 Mil. QNB Bank AS's Pre-Tax Income for the three months ended in Jun. 2026 was ₺18,066 Mil. Therefore, QNB Bank AS's Tax Rate % for the quarter that ended in Jun. 2026 was 24.97%.

QNB Bank AS Tax Rate % Related Terms

QNB Bank AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for QNB Bank AS'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.

QNB Bank AS Tax Rate % Chart

QNB Bank AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.90 30.13 15.46 23.21 25.91

QNB Bank AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.85 31.20 16.40 22.40 24.97
IST:QNBTR
44GF Score
QNB Bank AS IST:QNBTR
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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QNB Bank AS Tax Rate % Calculation

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

QNB Bank AS's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=16728.431/64554.175
=25.91 %

QNB Bank AS's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=4511/18066
=24.97 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.97% mean?
QNB Bank AS (IST:QNBTR) has a Tax Rate % of 24.97% as of Jun. 2026.
Is QNB Bank AS's Tax Rate % too high?
QNB Bank AS's current Tax Rate % is 24.97%. Overall, QNB Bank AS has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QNB Bank AS's Tax Rate % compare to competitors?
QNB Bank AS's Tax Rate % of 24.97% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. QNB Bank AS's current Tax Rate % is 24.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNB Bank AS stock overvalued right now?
Based on GuruFocus' analysis, QNB Bank AS (IST:QNBTR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺348.43, compared to a current price of ₺188.00 — trading 46% below its estimated fair value. The current Tax Rate % is 24.97%. QNB Bank AS's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For QNB Bank AS (IST:QNBTR), the current Tax Rate % is 24.97% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is QNB Bank AS (IST:QNBTR) Overvalued in 2026?

Based on GuruFocus' analysis, QNB Bank AS stock appears to be undervalued. The current stock price of ₺188.00 is trading 46% below its estimated GF Value™ of ₺348.43. GuruFocus considers QNB Bank AS to be Significantly Undervalued.

Key valuation signals for IST:QNBTR:

  • Tax Rate %: 24.97%
  • GF Value™: ₺348.43 vs. price of ₺188.00 (46% below fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the IST:QNBTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

QNB Bank AS Business Description

Address 212) 318 50 00Caddesi Kristal Kule Binasi No. 215, Esentepe Mahallesi, Sisli, Istanbul, TUR
QNB Bank AS offers products and services to its customers in factoring, investment, leasing (financial leasing), insurance, portfolio management services, and e-transformation products. In addition to corporate banking, retail banking and commercial banking services, it also provides private banking, SME banking, treasury operations and credit card services through branches and alternative channels. The company serves its retail banking clients with time and demand deposits, also overdraft services, automatic account services, consumer loans, vehicle loans, housing loans and investment fund services. It provides services including deposit and loans, foreign trade financing, forward and option agreements to its corporate clients.
44GF Score

Get the complete analysis for IST:QNBTR

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺188.00
Price
₺348.43
GF Value