Oman Arab BankOC (MUS:OAB) Tax Rate % : 5.95% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Oman Arab BankOC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oman Arab BankOC's Tax Expense for the three months ended in Dec. 2023 was ر.ع0.2 Mil. Oman Arab BankOC's Pre-Tax Income for the three months ended in Dec. 2023 was ر.ع2.9 Mil. Therefore, Oman Arab BankOC's Tax Rate % for the quarter that ended in Dec. 2023 was 5.95%.

Oman Arab BankOC Tax Rate % Historical Data

The historical data trend for Oman Arab BankOC'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.

* Premium members only.

Oman Arab BankOC Tax Rate % Chart

Oman Arab BankOC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

21.05

11.50

7.30

15.18

Oman Arab BankOC Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial										-15.79	16.31	15.94	16.94	5.95

Oman Arab BankOC Tax Rate % Calculation

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

Oman Arab BankOC'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 )
	=	3.678	/	24.233
	=	15.18 %

Oman Arab BankOC'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 )
	=	0.17	/	2.858
	=	5.95 %

Oman Arab BankOC Tax Rate % Related Terms

Thank you for viewing the detailed overview of Oman Arab BankOC's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Oman Arab BankOC (MUS:OAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oman Arab Bank SAOC (MUS:OAB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Al Ghoubra, P.O. Box 2240, Al-Udhayabah, Muscat, OMN, 130

Website

https://www.oman-arabbank.com

Oman Arab Bank SAOC is a provider of banking services in Oman. Its segments are Retail banking; Corporate banking; Treasury; Islamic Banking and Others. The company generates maximum revenue from the Retail banking segment. Its Retail banking Individual personal loan, overdraft, credit card, and funds transfer facilities.

Oman Arab BankOC (MUS:OAB) Headlines

No Headlines