Meezan Bank (KAR:MEBL) Tax Rate % : 58.23% (As of Dec. 2024)

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What is Meezan Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meezan Bank's Tax Expense for the three months ended in Dec. 2024 was ₨34,751 Mil. Meezan Bank's Pre-Tax Income for the three months ended in Dec. 2024 was ₨59,676 Mil. Therefore, Meezan Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 58.23%.

Meezan Bank Tax Rate % Historical Data

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

Meezan Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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40.00

40.58

49.17

50.01

54.16

Meezan Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															51.70	52.15	50.78	55.01	58.23

Meezan Bank Tax Rate % Calculation

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

Meezan Bank's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	122559.919	/	226279.254
	=	54.16 %

Meezan Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	34751.482	/	59676.322
	=	58.23 %

Meezan Bank Tax Rate % Related Terms

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Meezan Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meezan Bank Ltd (KAR:MEBL) » Definitions » Tax Rate %

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Address

Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730

Website

https://www.meezanbank.com

Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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