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Nepal Bank (XNEP:NBL) Tax Rate % : 12.79% (As of Oct. 2024)


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What is Nepal Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nepal Bank's Tax Expense for the three months ended in Oct. 2024 was NPR88 Mil. Nepal Bank's Pre-Tax Income for the three months ended in Oct. 2024 was NPR691 Mil. Therefore, Nepal Bank's Tax Rate % for the quarter that ended in Oct. 2024 was 12.79%.

Nepal Bank Tax Rate % Historical Data

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

Nepal Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.69 34.75 35.24 24.20 22.08

Nepal Bank Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.85 -37.00 32.14 -162.34 12.79

Nepal Bank Tax Rate % Calculation

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

Nepal Bank's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2023 )/Pre-Tax Income (A: Jul. 2023 )
=974.027/4411.606
=22.08 %

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

Tax Rate %=Tax Expense (Q: Oct. 2024 )/Pre-Tax Income (Q: Oct. 2024 )
=88.347/690.545
=12.79 %

* 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.

Nepal Bank Tax Rate % Related Terms

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Nepal Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nepal Bank Ltd (XNEP:NBL) » Definitions » Tax Rate %
Comparable Companies
XNEP:SKBBL XNEP:ADBL XNEP:SANIMA XNEP:SBL XNEP:CZBIL XNEP:SBI XNEP:CBBL XNEP:MBL XNEP:NMB XNEP:MNBBL NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
N/A
Address
Dharmapath, Newroad, G.P.O, Box: 36, Kathmandu, NPL
Website
https://www.nepalbank.com.np
Nepal Bank Ltd is engaged in providing banking products and services. It offers products and services such as deposits and accounts services, loans and advances to corporate and consumers, remittance services, and products. The bank operates in the segments of Banking, Treasury, Remittance, and Government. It derives maximum revenue from the Banking segment which involves functions like collecting deposits and lending activities among other similar activities. It provides banking through its branch offices in different geographical locations within the country.