National Bank Of Malawi (MSW:NBM) Tax Rate % : 41.91% (As of Dec. 2023)

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What is National Bank Of Malawi Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Bank Of Malawi's Tax Expense for the six months ended in Dec. 2023 was MWK26,317 Mil. National Bank Of Malawi's Pre-Tax Income for the six months ended in Dec. 2023 was MWK62,793 Mil. Therefore, National Bank Of Malawi's Tax Rate % for the quarter that ended in Dec. 2023 was 41.91%.

National Bank Of Malawi Tax Rate % Historical Data

The historical data trend for National Bank Of Malawi'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 Malawi Tax Rate % Chart

National Bank Of Malawi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.33

31.57

32.38

33.76

40.10

National Bank Of Malawi Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial										31.35	32.27	35.09	38.11	41.91

National Bank Of Malawi Tax Rate % Calculation

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

National Bank Of Malawi'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 )
	=	48170	/	120129
	=	40.10 %

National Bank Of Malawi's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	26317	/	62793
	=	41.91 %

National Bank Of Malawi Tax Rate % Related Terms

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National Bank Of Malawi (MSW:NBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank Of Malawi PLC (MSW:NBM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Henderson Street, NBM Tower, P.O Box 945, Blantyre, MWI

Website

https://www.natbank.co.mw

National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.

National Bank Of Malawi (MSW:NBM) Headlines

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