FBC Holdings (XZIM:FBC.ZW) Tax Rate % : -67.88% (As of Dec. 2023)

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What is FBC Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FBC Holdings's Tax Expense for the six months ended in Dec. 2023 was ZWL15,607 Mil. FBC Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was ZWL-22,992 Mil. Therefore, FBC Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was -67.88%.

FBC Holdings Tax Rate % Historical Data

The historical data trend for FBC Holdings'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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FBC Holdings Tax Rate % Chart

FBC Holdings Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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315.26

4.95

12.33

47.02

18.87

FBC Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial											1.92	34.16	60.97	14.19	-67.88

FBC Holdings Tax Rate % Calculation

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

FBC Holdings'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 )
	=	76130.389	/	403517.483
	=	18.87 %

FBC Holdings'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 )
	=	15607.009	/	-22992.119
	=	-67.88 %

FBC Holdings Tax Rate % Related Terms

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FBC Holdings (XZIM:FBC.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FBC Holdings Ltd (XZIM:FBC.ZW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Nelson Mandela Avenue, 6th Floor, FBC Centre, P.O. Box 1227, Harare, ZWE

Website

https://www.fbc.co.zw

FBC Holdings Ltd is an investment holding company. The company through its subsidiaries operates its six segments namely Commercial banking, Microlending, Mortgage financing, Short-term reinsurance, Short-term insurance, and stockbroking. The commercial banking segment consists of dealing in the money and foreign exchange markets, retail, corporate and international banking, and corporate finance. The Mortgage financing segment consists of housing development, mortgage lending, savings deposit accounts, and other money market investment products. It earns maximum revenue from its commercial banking segment.

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