Bank of Palestine (XPAE:BOP) Tax Rate % : 53.40% (As of Dec. 2024)

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What is Bank of Palestine Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Palestine's Tax Expense for the three months ended in Dec. 2024 was $-11.4 Mil. Bank of Palestine's Pre-Tax Income for the three months ended in Dec. 2024 was $-21.3 Mil. Therefore, Bank of Palestine's Tax Rate % for the quarter that ended in Dec. 2024 was 53.40%.

Bank of Palestine Tax Rate % Historical Data

The historical data trend for Bank of Palestine'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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Bank of Palestine Tax Rate % Chart

Bank of Palestine Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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44.19

33.51

37.91

8.06

38.62

Bank of Palestine Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															73.23	15.04	23.92	20.01	53.40

Bank of Palestine Tax Rate % Calculation

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

Bank of Palestine's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-17.559	/	-45.471
	=	38.62 %

Bank of Palestine's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-11.387	/	-21.324
	=	53.40 %

Bank of Palestine Tax Rate % Related Terms

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Bank of Palestine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Palestine (XPAE:BOP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ain Misbah, P.O. Box 471, Ramallah, PSE

Website

https://www.bankofpalestine.com

Bank of Palestine is active in the banking operation in Palestine. The areas of businesses under its portfolio include Retail banking, Corporate banking and Treasury services, which are also its operating segments. The Retail banking is its key segment and generates the maximum revenues through interest received from individual customers' deposits and providing consumer loans, overdrafts, credit card facilities and other services. The Corporate banking segment includes handling loans, credit facilities, deposits and current accounts for corporate, institutional customers and public sector. Under the Treasury service umbrella, the bank provides trading and treasury services and manages the bank's funds and investment.

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