CAL Bank (XGHA:CAL) Tax Rate % : 29.92% (As of Dec. 2023)

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What is CAL Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CAL Bank's Tax Expense for the six months ended in Dec. 2023 was GHS-331.6 Mil. CAL Bank's Pre-Tax Income for the six months ended in Dec. 2023 was GHS-1,108.4 Mil. Therefore, CAL Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 29.92%.

CAL Bank Tax Rate % Historical Data

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

CAL Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.62

24.88

33.97

24.47

29.08

CAL Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															35.02	34.82	26.12	34.83	29.92

CAL Bank Tax Rate % Calculation

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

CAL 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 )
	=	-275.13	/	-946.198
	=	29.08 %

CAL 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 )
	=	-331.633	/	-1108.417
	=	29.92 %

CAL Bank Tax Rate % Related Terms

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CAL Bank (XGHA:CAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CAL Bank Ltd (XGHA:CAL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Independence Avenue, P.O. Box 14596, Accra, GHA

Website

https://www.calbank.net

CAL Bank Ltd is engaged in providing banking solutions. Its reportable segments are Corporate Banking, Retail & Business Banking, Treasury, Brokerage, & Asset Management. Corporate Banking is responsible for providing loans & other credit facilities, deposits & other transactions & balances to corporate clients, institutional clients, & public sector entities. The Treasury segment undertakes the Bank's funding & centralized risk management activities through borrowings & investing in liquid assets. The Retail & Business Banking segment provides loans & overdrafts, & handles the deposits & other transactions of SMEs, & individual customers such as funds transfer, standing orders, and ATM Card services. The majority is from Retail & business banking. The key revenue is from Greater Accra.