First Atlantic Bank (XGHA:FAB) Tax Rate %: 31.31% (As of Dec. 2025)

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XGHA:FAB First Atlantic Bank PLC XGHA:FAB
24 GF Score
Price GHS8.40
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What is First Atlantic Bank Tax Rate %?

First Atlantic Bank XGHA:FAB 24 Tax Rate % is 31.31% as of Dec. 2025. GuruFocus rates XGHA:FAB with a GF Score™ of 24/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Atlantic Bank's Tax Expense for the six months ended in Dec. 2025 was GHS220 Mil. First Atlantic Bank's Pre-Tax Income for the six months ended in Dec. 2025 was GHS703 Mil. Therefore, First Atlantic Bank's Tax Rate % for the quarter that ended in Dec. 2025 was 31.31%.

First Atlantic Bank Tax Rate % Related Terms

First Atlantic Bank Tax Rate % Historical Data

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The historical data trend for First Atlantic 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.

First Atlantic Bank Tax Rate % Chart

First Atlantic Bank Annual Data
Trend Dec24 Dec25
Tax Rate %
37.56 31.31

First Atlantic Bank Semi-Annual Data
Dec24 Dec25
Tax Rate % 37.56 31.31
XGHA:FAB
24GF Score
First Atlantic Bank PLC XGHA:FAB
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Atlantic Bank Tax Rate % Calculation

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

First Atlantic Bank's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=220.123/702.994
=31.31 %

First Atlantic Bank's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=220.123/702.994
=31.31 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 31.31% mean?
First Atlantic Bank (XGHA:FAB) has a Tax Rate % of 31.31% as of Dec. 2025.
Is First Atlantic Bank's Tax Rate % too high?
First Atlantic Bank's current Tax Rate % is 31.31%. Overall, First Atlantic Bank has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Bank's Tax Rate % compare to PNC?
First Atlantic Bank's Tax Rate % of 31.31% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. First Atlantic Bank's current Tax Rate % is 31.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Bank stock overvalued right now?
First Atlantic Bank (XGHA:FAB) has a current Tax Rate % of 31.31%. The current Tax Rate % is 31.31%. First Atlantic Bank's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For First Atlantic Bank (XGHA:FAB), the current Tax Rate % is 31.31% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Atlantic Bank Business Description

Address Seventh Avenue, Atlantic Place No. 1, Ridge West, Accra, GHA
First Atlantic Bank PLC is engaged in providing banking services that include personal banking, corporate banking, digital banking, prestige banking, and others. The Group's portfolio consists of loans and investments segmented across five main portfolios: Corporate Loans, Retail Loans, Retail Controller Loans, SME loans & Investments. The Group comprises the following main business segments: Corporate Banking, Retail and business banking, and Global markets. It generates majority of its income from Global markets segment which undertake the Group's funding and risk management activities through borrowings, issues of debt securities and investing in liquid assets such as short-term placements and corporate and government debt securities.
24GF Score

Get the complete analysis for XGHA:FAB

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS8.40
Price