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Abbey Mortgage Bank (NSA:ABBEYBDS) Tax Rate % : 8.42% (As of Dec. 2023)


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What is Abbey Mortgage Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Abbey Mortgage Bank's Tax Expense for the six months ended in Dec. 2023 was ₦80 Mil. Abbey Mortgage Bank's Pre-Tax Income for the six months ended in Dec. 2023 was ₦951 Mil. Therefore, Abbey Mortgage Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 8.42%.

Abbey Mortgage Bank Tax Rate % Historical Data

The historical data trend for Abbey Mortgage 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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Abbey Mortgage Bank Tax Rate % Chart

Abbey Mortgage Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -20.59 -0.09 5.88 7.39 8.42

Abbey Mortgage Bank Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate % Get a 7-Day Free Trial -20.59 -0.09 5.88 7.39 8.42

Abbey Mortgage Bank Tax Rate % Calculation

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

Abbey Mortgage Bank'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 )
=80.059/951.343
=8.42 %

Abbey Mortgage Bank'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 )
=80.059/951.343
=8.42 %

* 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.

Abbey Mortgage Bank Tax Rate % Related Terms

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Abbey Mortgage Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Tax Rate %
Comparable Companies
NSA:JAIZBANK NSA:STERLINGNG NSA:FCMB NSA:WEMA NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411 HKSE:01658 PNC USB ISX:BBCA SHSE:601166 SGX:O39
Traded in Other Exchanges
N/A
Address
No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA
Website
http://www.abbeymortgagebank.com
Abbey Mortgage Bank PLC provides loan, mortgage, and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loans, real estate and mortgage services, and construction financing, among others.

Abbey Mortgage Bank Headlines

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