Burgan BankK (KUW:BURG) Tax Rate % : 31.85% (As of Dec. 2024)

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What is Burgan BankK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Burgan BankK's Tax Expense for the three months ended in Dec. 2024 was KWD7.2 Mil. Burgan BankK's Pre-Tax Income for the three months ended in Dec. 2024 was KWD22.5 Mil. Therefore, Burgan BankK's Tax Rate % for the quarter that ended in Dec. 2024 was 31.85%.

Burgan BankK Tax Rate % Historical Data

The historical data trend for Burgan BankK'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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Burgan BankK Tax Rate % Chart

Burgan BankK Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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11.21

12.13

21.89

33.26

26.02

Burgan BankK 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															25.08	20.64	25.59	22.92	31.85

Burgan BankK Tax Rate % Calculation

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

Burgan BankK'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 )
	=	17.84	/	68.568
	=	26.02 %

Burgan BankK'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 )
	=	7.18	/	22.541
	=	31.85 %

Burgan BankK Tax Rate % Related Terms

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Burgan BankK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Burgan Bank SAK (KUW:BURG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdulla Al-Ahmad Street, P.O. Box 5389,, Building No. 22, Sharq, Safat, Kuwait, KWT, 12170

Website

https://www.burgan.com

Burgan Bank SAK is a banking entity operating in Kuwait. The company's operating segment includes Corporate banking; Private and retail banking and Treasury, investment banking, and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides comprehensive products and services to corporate customers and financial institutions including lending, deposits, trade services, foreign exchange, advisory services, and others.