NBS Bank (MSW:NBS) Tax Rate % : 35.86% (As of Jun. 2023)

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What is NBS Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NBS Bank's Tax Expense for the six months ended in Jun. 2023 was MWK6,798 Mil. NBS Bank's Pre-Tax Income for the six months ended in Jun. 2023 was MWK18,955 Mil. Therefore, NBS Bank's Tax Rate % for the quarter that ended in Jun. 2023 was 35.86%.

NBS Bank Tax Rate % Historical Data

The historical data trend for NBS Bank'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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NBS Bank Tax Rate % Chart

NBS Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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32.92

35.10

29.32

33.05

29.88

NBS Bank Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial										32.05	34.34	33.74	28.34	35.86

NBS Bank Tax Rate % Calculation

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

NBS Bank's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	8055.26	/	26960.489
	=	29.88 %

NBS Bank's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	6798	/	18955
	=	35.86 %

NBS Bank Tax Rate % Related Terms

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NBS Bank (MSW:NBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NBS Bank PLC (MSW:NBS) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre, MWI

Website

https://www.nbs.mw

NBS Bank PLC is primarily involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.

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