Bank Muscat (SAOG) (LSE:BKM) Tax Rate % : 16.75% (As of Dec. 2024)

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What is Bank Muscat (SAOG) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Muscat (SAOG)'s Tax Expense for the three months ended in Dec. 2024 was $29 Mil. Bank Muscat (SAOG)'s Pre-Tax Income for the three months ended in Dec. 2024 was $171 Mil. Therefore, Bank Muscat (SAOG)'s Tax Rate % for the quarter that ended in Dec. 2024 was 16.75%.

Bank Muscat (SAOG) Tax Rate % Historical Data

The historical data trend for Bank Muscat (SAOG)'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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Bank Muscat (SAOG) Tax Rate % Chart

Bank Muscat (SAOG) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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16.50

15.34

15.12

15.77

16.46

Bank Muscat (SAOG) 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															16.34	16.53	16.58	16.01	16.75

Bank Muscat (SAOG) Tax Rate % Calculation

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

Bank Muscat (SAOG)'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 )
	=	115.467	/	701.41
	=	16.46 %

Bank Muscat (SAOG)'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 )
	=	28.643	/	170.97
	=	16.75 %

Bank Muscat (SAOG) Tax Rate % Related Terms

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Bank Muscat (SAOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Muscat (SAOG) (LSE:BKM) » Definitions » Tax Rate %

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Traded in Other Exchanges

BKMB:Oman

Address

Street No. 62, Block No. 311, Building No. 120/4, Airport Heights, Seeb, Muscat, OMN, 112

Website

https://www.bankmuscat.com

Bank Muscat (SAOG) is a banking corporation. Its business is to accept Sharia-compliant customer deposits, provide Shari'a-compliant financing based on various Shari'a-compliant modes, and undertake investment activities, commercial banking services, and other investment activities in the Sultanate of Oman. The company's service segments include Personal, Corporate, wholesale, islamic, and international banking. It generates maximum revenue from the personal banking segment which provides products and services to individuals, including consumer loans, credit cards, deposit accounts saving deposits, foreign exchange, e-banking, remittances, bancassurance, and other branch-related services.

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