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

Trust Bank (XGHA:TBL) Tax Rate % : 28.87% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Trust Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trust Bank's Tax Expense for the six months ended in Dec. 2023 was GHS22.6 Mil. Trust Bank's Pre-Tax Income for the six months ended in Dec. 2023 was GHS78.4 Mil. Therefore, Trust Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 28.87%.

Trust Bank Tax Rate % Historical Data

The historical data trend for Trust 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.

* Premium members only.

Trust Bank Tax Rate % Chart

Trust Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.67 29.74 20.08 28.34 28.87

Trust Bank Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 25.67 29.74 20.08 28.34 28.87

Trust Bank Tax Rate % Calculation

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

Trust 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 )
=22.623/78.356
=28.87 %

Trust 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 )
=22.623/78.356
=28.87 %

* 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.

Trust Bank Tax Rate % Related Terms

Thank you for viewing the detailed overview of Trust Bank's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Trust Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trust Bank Ltd (XGHA:TBL) » Definitions » Tax Rate %
Comparable Companies
XGHA:CAL XGHA:RBGH NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658 MIL:ISP XPAR:BNP TSE:8411 MIL:UCG TFC SHSE:601166 SGX:O39 SAU:1180
Traded in Other Exchanges
N/A
Address
3-4 Ecowas Avenue, P.O. Box 1018, Banjul, GMB
Website
https://www.tblgambia.com
Trust Bank Ltd is engaged in providing commercial banking services. Its activities include receiving deposits, provision of loans, a system of payments and clearing, dealing in financial instruments of the money market, foreign currencies exchange services, providing banking information, performing mortgage activities and others. The company's only reportable segment is the provision of banking and related services.

Trust Bank Headlines

No Headlines