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Guaranty Trust Holding Co (NSA:GTCO) Tax Rate % : 10.25% (As of Mar. 2024)


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What is Guaranty Trust Holding Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Guaranty Trust Holding Co's Tax Expense for the three months ended in Mar. 2024 was ₦52,214 Mil. Guaranty Trust Holding Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₦509,349 Mil. Therefore, Guaranty Trust Holding Co's Tax Rate % for the quarter that ended in Mar. 2024 was 10.25%.

Guaranty Trust Holding Co Tax Rate % Historical Data

The historical data trend for Guaranty Trust Holding Co'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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Guaranty Trust Holding Co Tax Rate % Chart

Guaranty Trust Holding Co Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
15.40 21.06 21.00

Guaranty Trust Holding Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.33 15.19 26.16 10.25 9.30

Guaranty Trust Holding Co Tax Rate % Calculation

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

Guaranty Trust Holding Co'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 )
=44980.657/214154.094
=21.00 %

Guaranty Trust Holding Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=52213.778/509348.75
=10.25 %

* 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.

Guaranty Trust Holding Co Tax Rate % Related Terms

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Guaranty Trust Holding Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guaranty Trust Holding Co PLC (NSA:GTCO) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
GTCO:UK 9JO:Germany
Address
Plot 635, Akin Adesola Street, Victoria Island, Lagos, NGA
Website
https://www.gtbank.com
Guaranty Trust Holding Co PLC is a multinational financial institution that provides individuals, businesses, private and public institutions across Africa and the United Kingdom with a broad range of market key financial products and services. The company has six reportable segments as follows are Corporate banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Commercial banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Business banking Which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Retail banking which Incorporates private banking services, private customer current accounts, savings deposits, SME banking and Public sector.

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