Faysal Bank (KAR:FABL) Tax Rate % : 47.80% (As of Mar. 2024)

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What is Faysal Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Faysal Bank's Tax Expense for the three months ended in Mar. 2024 was ₨5,965 Mil. Faysal Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₨12,478 Mil. Therefore, Faysal Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 47.80%.

Faysal Bank Tax Rate % Historical Data

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

Faysal Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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40.90

38.66

38.99

49.59

51.62

Faysal 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															48.52	51.01	49.83	54.18	47.80

Faysal Bank Tax Rate % Calculation

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

Faysal 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 )
	=	21599.624	/	41846.298
	=	51.62 %

Faysal 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 )
	=	5964.677	/	12477.518
	=	47.80 %

Faysal Bank Tax Rate % Related Terms

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Faysal Bank (KAR:FABL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Faysal House, Street-02, Commercial Lane, Main Shahrah-e-Faisal, Karachi, SD, PAK

Website

https://www.faysalbank.com

Faysal Bank Ltd offers a wide range of banking services to all customer segments, i.e retail, small and medium-sized enterprises, commercial, agri-based and corporate. The bank operates in Pakistan. The services provided by the bank include Personal banking, business banking, wealth management, e-banking, etc.

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