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NPF Microfinance Bank (NSA:NPFMB) Tax Rate % : 29.13% (As of Dec. 2020)


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What is NPF Microfinance Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NPF Microfinance Bank's Tax Expense for the six months ended in Dec. 2020 was ₦253 Mil. NPF Microfinance Bank's Pre-Tax Income for the six months ended in Dec. 2020 was ₦867 Mil. Therefore, NPF Microfinance Bank's Tax Rate % for the quarter that ended in Dec. 2020 was 29.13%.

NPF Microfinance Bank Tax Rate % Historical Data

The historical data trend for NPF Microfinance 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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NPF Microfinance Bank Tax Rate % Chart

NPF Microfinance Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Tax Rate %
22.92 31.83 20.99 29.13

NPF Microfinance Bank Semi-Annual Data
Dec17 Dec18 Dec19 Dec20
Tax Rate % 22.92 31.83 20.99 29.13

NPF Microfinance Bank Tax Rate % Calculation

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

NPF Microfinance Bank's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=252.595/867.012
=29.13 %

NPF Microfinance Bank's Tax Rate % for the quarter that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2020 )/Pre-Tax Income (Q: Dec. 2020 )
=252.595/867.012
=29.13 %

* 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.

NPF Microfinance Bank Tax Rate % Related Terms

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NPF Microfinance Bank (NSA:NPFMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NPF Microfinance Bank PLC (NSA:NPFMB) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
1, Ikoyi Road, Obalende, Aliyu Aa House, Lagos, NGA
Website
https://www.npfmicrofinancebank.com
NPF Microfinance Bank PLC provides banking products and services to consumers including retail banking, loans and advances, money market activities and financial advisory services.

NPF Microfinance Bank (NSA:NPFMB) Headlines

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