Bank of Punjab (KAR:BOP) Tax Rate % : 51.56% (As of Mar. 2024)

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What is Bank of Punjab Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Punjab's Tax Expense for the three months ended in Mar. 2024 was ₨1,805 Mil. Bank of Punjab's Pre-Tax Income for the three months ended in Mar. 2024 was ₨3,500 Mil. Therefore, Bank of Punjab's Tax Rate % for the quarter that ended in Mar. 2024 was 51.56%.

Bank of Punjab Tax Rate % Historical Data

The historical data trend for Bank of Punjab'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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Bank of Punjab Tax Rate % Chart

Bank of Punjab Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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41.18

42.31

32.52

41.95

46.74

Bank of Punjab 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															43.41	-27.06	49.78	56.84	51.56

Bank of Punjab Tax Rate % Calculation

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

Bank of Punjab'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 )
	=	9875.573	/	21129.402
	=	46.74 %

Bank of Punjab'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 )
	=	1804.764	/	3500.243
	=	51.56 %

Bank of Punjab Tax Rate % Related Terms

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Bank of Punjab (KAR:BOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Punjab (KAR:BOP) » Definitions » Tax Rate %

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Address

Main Boulevard, Block E-II, 10-B, BOP Tower, Gulberg III, Lahore, PB, PAK

Website

https://www.bop.com.pk

Bank of Punjab is a financial institution providing a range of customized banking products and services. The bank also provides Islamic banking, payment services, home remittances, and other services. The operating segments of the company are Corporate and investment banking; Consumer and digital banking; Cards and public sector deposits (CPSD); Treasury; Islamic banking and others.

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