Kuwait International Bank KSC (KUW:KIB) Tax Rate % : 3.82% (As of Dec. 2024)

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What is Kuwait International Bank KSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait International Bank KSC's Tax Expense for the three months ended in Dec. 2024 was KWD0.29 Mil. Kuwait International Bank KSC's Pre-Tax Income for the three months ended in Dec. 2024 was KWD7.62 Mil. Therefore, Kuwait International Bank KSC's Tax Rate % for the quarter that ended in Dec. 2024 was 3.82%.

Kuwait International Bank KSC Tax Rate % Historical Data

The historical data trend for Kuwait International Bank KSC'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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Kuwait International Bank KSC Tax Rate % Chart

Kuwait International Bank KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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3.15

3.40

3.87

3.64

3.52

Kuwait International Bank KSC 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															3.66	3.24	3.37	3.61	3.82

Kuwait International Bank KSC Tax Rate % Calculation

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

Kuwait International Bank KSC'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 )
	=	0.873	/	24.8
	=	3.52 %

Kuwait International Bank KSC'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 )
	=	0.291	/	7.615
	=	3.82 %

Kuwait International Bank KSC Tax Rate % Related Terms

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Kuwait International Bank KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait International Bank KSC (KUW:KIB) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

West Tower - Joint Banking Center, P.O. Box 22822, Al Abdul Razzak Square, Safat, Kuwait, KWT, 13089

Website

https://www.kib.com.kw

Kuwait International Bank KSC is an Islamic banking corporation based in Kuwait. The company's segments include Commercial and International Banking; Retail Banking; Treasury, Fund Management and Institutional Banking; Investment Management and others. It generates maximum revenue from the Commercial and International Banking segment. Commercial and International Banking segment comprising of range of banking services and investment products to corporate customers providing commodity and real estate Murabaha finance, Ijara and Wakala facilities.

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