National Bank of KuwaitK (KUW:NBK) Tax Rate % : 6.67% (As of Dec. 2024)

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What is National Bank of KuwaitK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Bank of KuwaitK's Tax Expense for the three months ended in Dec. 2024 was KWD11 Mil. National Bank of KuwaitK's Pre-Tax Income for the three months ended in Dec. 2024 was KWD165 Mil. Therefore, National Bank of KuwaitK's Tax Rate % for the quarter that ended in Dec. 2024 was 6.67%.

National Bank of KuwaitK Tax Rate % Historical Data

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

National Bank of KuwaitK Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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9.08

8.23

8.20

7.55

8.24

National Bank of KuwaitK 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															7.57	9.16	9.28	7.84	6.67

National Bank of KuwaitK Tax Rate % Calculation

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

National Bank of KuwaitK'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 )
	=	57.443	/	696.773
	=	8.24 %

National Bank of KuwaitK'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 )
	=	10.98	/	164.579
	=	6.67 %

National Bank of KuwaitK Tax Rate % Related Terms

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National Bank of KuwaitK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Kuwait SAK (KUW:NBK) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Al Shuhada Street, P.O. Box 95, Safat, Kuwait, KWT, 13001

Website

https://www.nbk.com

National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Centre, and International Banking. It generates maximum revenue from the International Banking segment. The International Banking segment provides diversified products and services including lending, deposits, trade finance, etc. to corporate and individual customers. Geographically, it derives a majority of its revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and UK, and Other Countries.

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