Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Tax Rate % : 23.14% (As of Mar. 2024)

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What is Turkiye Vakiflar Bankasi TAO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turkiye Vakiflar Bankasi TAO's Tax Expense for the three months ended in Mar. 2024 was ₺4,009 Mil. Turkiye Vakiflar Bankasi TAO's Pre-Tax Income for the three months ended in Mar. 2024 was ₺17,326 Mil. Therefore, Turkiye Vakiflar Bankasi TAO's Tax Rate % for the quarter that ended in Mar. 2024 was 23.14%.

Turkiye Vakiflar Bankasi TAO Tax Rate % Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO'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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Turkiye Vakiflar Bankasi TAO Tax Rate % Chart

Turkiye Vakiflar Bankasi TAO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.03

19.75

19.43

32.78

6.14

Turkiye Vakiflar Bankasi TAO Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-4.52	53.44	15.51	-22.16	23.14

Turkiye Vakiflar Bankasi TAO Tax Rate % Calculation

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

Turkiye Vakiflar Bankasi TAO'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 )
	=	2231.235	/	36318.08
	=	6.14 %

Turkiye Vakiflar Bankasi TAO's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	4008.506	/	17325.593
	=	23.14 %

Turkiye Vakiflar Bankasi TAO Tax Rate % Related Terms

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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Vakiflar Bankasi TAO (IST:VAKBN) » Definitions » Tax Rate %

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Address

Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768

Website

https://www.vakifbank.com.tr

Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

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