NMBZ Holding (LSE:NMB) Tax Rate %: 11.90% (As of Jun. 2024)

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What is NMBZ Holding Tax Rate %?

NMBZ Holding LSE:NMB 17 Tax Rate % is 11.90% as of Jun. 2024. GuruFocus rates LSE:NMB with a GF Score™ of 17/100. The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NMBZ Holding's Tax Expense for the six months ended in Jun. 2024 was $0.03 Mil. NMBZ Holding's Pre-Tax Income for the six months ended in Jun. 2024 was $0.25 Mil. Therefore, NMBZ Holding's Tax Rate % for the quarter that ended in Jun. 2024 was 11.90%.

NMBZ Holding Tax Rate % Related Terms

NMBZ Holding Tax Rate % Historical Data

* Premium members only.

The historical data trend for NMBZ Holding'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.

NMBZ Holding Tax Rate % Chart

NMBZ Holding Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 45.41 -20.39 32.34 25.32 14.49

NMBZ Holding Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.98 18.91 13.19 14.49 11.90

NMBZ Holding Tax Rate % Calculation

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

NMBZ Holding'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 )
=145.065/1001.061
=14.49 %

NMBZ Holding's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.03/0.252
=11.90 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 11.90% mean?
NMBZ Holding (LSE:NMB) has a Tax Rate % of 11.90% as of Jun. 2024.
Is NMBZ Holding's Tax Rate % too high?
NMBZ Holding's current Tax Rate % is 11.90%. Overall, NMBZ Holding has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NMBZ Holding's Tax Rate % compare to PNC and USB?
NMBZ Holding's Tax Rate % of 11.90% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. NMBZ Holding's current Tax Rate % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMBZ Holding stock overvalued right now?
NMBZ Holding (LSE:NMB) has a current Tax Rate % of 11.90%. The current Tax Rate % is 11.90%. NMBZ Holding's overall GF Score™ is 17/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For NMBZ Holding (LSE:NMB), the current Tax Rate % is 11.90% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NMBZ Holding Business Description

Address 19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE
NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in six segments: Consumer Banking & Value Added Services, Business Banking, Treasury & International Banking, Microfinance, Real Estate, Xplug, and Digital Banking. The company generates the majority of its revenue from Consumer Banking & Value Added Services segment, which is engaged in individual customer deposits and consumer loans, overdrafts, credit card facilities, and funds transfer facilities.