Askari Bank (KAR:AKBL) Tax Rate % : 49.35% (As of Mar. 2024)

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What is Askari Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Askari Bank's Tax Expense for the three months ended in Mar. 2024 was ₨3,643 Mil. Askari Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₨7,383 Mil. Therefore, Askari Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 49.35%.

Askari Bank Tax Rate % Historical Data

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

Askari Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.39

39.13

38.01

48.79

48.94

Askari 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															43.68	52.23	49.58	49.52	49.35

Askari Bank Tax Rate % Calculation

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

Askari 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 )
	=	20642.489	/	42182.898
	=	48.94 %

Askari 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 )
	=	3643.172	/	7382.705
	=	49.35 %

Askari Bank Tax Rate % Related Terms

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Askari Bank (KAR:AKBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Askari Bank Ltd (KAR:AKBL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

AWT Plaza, The Mall, P.O. Box No. 1084, Rawalpindi, PB, PAK, 46000

Website

http://www.askaribank.com

Askari Bank Ltd operates as a bank in Pakistan. The bank operates its business through segments namely Branch banking; Corporate banking; Treasury; Consumer banking; Islamic banking; Foreign operations; and Other. It generates maximum revenue from the Branch banking segment. The Branch banking segment consists of loans, deposits, and other banking services including branchless banking services to small enterprises, medium enterprises, agriculture, and individual customers. Geographically, it derives a majority of its revenue from Pakistan.

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