Jaiz Bank (NSA:JAIZBANK) Tax Rate % : 1.94% (As of Dec. 2024)

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What is Jaiz Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jaiz Bank's Tax Expense for the three months ended in Dec. 2024 was ₦130 Mil. Jaiz Bank's Pre-Tax Income for the three months ended in Dec. 2024 was ₦6,670 Mil. Therefore, Jaiz Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 1.94%.

Jaiz Bank Tax Rate % Historical Data

The historical data trend for Jaiz 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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Jaiz Bank Tax Rate % Chart

Jaiz Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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5.31

1.77

-3.75

-1.66

1.90

Jaiz Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															1.90	2.60	2.18	1.06	1.94

Jaiz Bank Tax Rate % Calculation

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

Jaiz Bank's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	481.297	/	25331.409
	=	1.90 %

Jaiz Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	129.728	/	6669.915
	=	1.94 %

Jaiz Bank Tax Rate % Related Terms

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Jaiz Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jaiz Bank PLC (NSA:JAIZBANK) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

J.S. Tarka Street, Plot 1073, Area 3, Garki Abuja, NGA, P.M.B 31

Website

https://www.jaizbankplc.com

Jaiz Bank PLC is a full-fledged Non-Interest financial institution in Nigeria. The company's business divisions include Retail Banking and Corporate Banking. The products and services of the company include JAIZ Kids Savings Account, JAIZ Premium Savings Account, Working Capital Finance, Project Financing, and JaizOnline.

Jaiz Bank Headlines

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