Standard Bank Malawi (MSW:STANDARD) Tax Rate % : 54.87% (As of Dec. 2023)

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What is Standard Bank Malawi Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Standard Bank Malawi's Tax Expense for the six months ended in Dec. 2023 was MWK31,123 Mil. Standard Bank Malawi's Pre-Tax Income for the six months ended in Dec. 2023 was MWK56,721 Mil. Therefore, Standard Bank Malawi's Tax Rate % for the quarter that ended in Dec. 2023 was 54.87%.

Standard Bank Malawi Tax Rate % Historical Data

The historical data trend for Standard Bank 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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Standard Bank Malawi Tax Rate % Chart

Standard Bank Malawi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.06

33.66

38.27

34.72

50.33

Standard Bank Malawi Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial						42.21	37.06	33.04	45.09	54.87

Standard Bank Malawi Tax Rate % Calculation

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

Standard Bank 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 )
	=	53228	/	105748
	=	50.33 %

Standard Bank 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 )
	=	31123	/	56721
	=	54.87 %

Standard Bank Malawi Tax Rate % Related Terms

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Standard Bank Malawi (MSW:STANDARD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Africa Unity Avenue, P O Box 30380, Standard Bank Centre, Lilongwe, MWI, 3

Website

https://www.standardbank.co.mw

Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Consumer and High Net Worth clients, Business and Commercial clients & Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.

Standard Bank Malawi (MSW:STANDARD) Headlines

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