United Commercial Bank (DHA:UCB) Tax Rate % : 57.78% (As of Mar. 2024)

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What is United Commercial Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Commercial Bank's Tax Expense for the three months ended in Mar. 2024 was BDT872 Mil. United Commercial Bank's Pre-Tax Income for the three months ended in Mar. 2024 was BDT1,510 Mil. Therefore, United Commercial Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 57.78%.

United Commercial Bank Tax Rate % Historical Data

The historical data trend for United Commercial 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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United Commercial Bank Tax Rate % Chart

United Commercial Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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44.69

43.76

52.55

40.38

56.37

United Commercial Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															56.56	50.79	52.09	64.54	57.78

United Commercial Bank Tax Rate % Calculation

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

United Commercial 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 )
	=	2839.602	/	5037.27
	=	56.37 %

United Commercial Bank's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	872.452	/	1510.065
	=	57.78 %

United Commercial Bank Tax Rate % Related Terms

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United Commercial Bank (DHA:UCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Commercial Bank PLC (DHA:UCB) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Road No. - 34, Gulshan Avenue, Plot - CWS- (A)-1, Dhaka, BGD, 1212

Website

https://www.ucb.com.bd

United Commercial Bank PLC is a commercial bank. The company through its delivery channels and subsidiaries offers a wide range of banking products and services to corporate, SME, and retail customers. Its products and services include deposit products like current deposit, fixed deposit, and UCB Multi-Millionaires. Loan products such as trade finance, import finance, loan syndication, and pacing credit. It also provides other services such as Western Union Money Transfer, online services internet banking. The reportable segments of the company are Corporate Banking, SME Banking, Consumer Banking, Treasury, Investment Banking, Offshore Banking, Card and Alternate Delivery Channel, Mobile Financial Services, and Agent Banking.

United Commercial Bank (DHA:UCB) Headlines

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