National Bank of KuwaitK (KUW:NBK) Tax Rate % : 9.16% (As of Mar. 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 Mar. 2024 was KWD16 Mil. National Bank of KuwaitK's Pre-Tax Income for the three months ended in Mar. 2024 was KWD172 Mil. Therefore, National Bank of KuwaitK's Tax Rate % for the quarter that ended in Mar. 2024 was 9.16%.

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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.70

9.08

8.23

8.20

7.55

National Bank of KuwaitK 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															6.08	8.12	8.24	7.57	9.16

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. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	48.097	/	637.24
	=	7.55 %

National Bank of KuwaitK'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 )
	=	15.754	/	171.986
	=	9.16 %

National Bank of KuwaitK Tax Rate % Related Terms

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National Bank of KuwaitK (KUW:NBK) Business Description

Industry

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

Comparable Companies

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 and Private Banking; Corporate Banking; Investment Banking and Asset Management; Islamic Banking Group centre and International.. It generates maximum revenue from the Consumer and Private Banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals which include consumer loans, credit cards, deposits, foreign exchange, and other branch-related services. Geographically, it derives a majority of revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and Other Countries.

National Bank of KuwaitK (KUW:NBK) Headlines

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