Soneri Bank (KAR:SNBL) Tax Rate % : 50.48% (As of Mar. 2024)

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What is Soneri Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Soneri Bank's Tax Expense for the three months ended in Mar. 2024 was ₨1,794 Mil. Soneri Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₨3,554 Mil. Therefore, Soneri Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 50.48%.

Soneri Bank Tax Rate % Historical Data

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

Soneri Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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41.29

40.51

44.57

58.65

50.83

Soneri 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															44.74	58.71	49.90	50.74	50.48

Soneri Bank Tax Rate % Calculation

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

Soneri 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 )
	=	6281.655	/	12357.115
	=	50.83 %

Soneri 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 )
	=	1794.361	/	3554.392
	=	50.48 %

Soneri Bank Tax Rate % Related Terms

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Soneri Bank (KAR:SNBL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

M.T. Khan Road, 10th Floor, PNSC Building, Karachi, PAK, 74000

Website

https://www.soneribank.com

Soneri Bank Ltd provides banking services. It is involved in the activities of Retail Banking; Corporate and Investment Banking; Islamic Banking and Foreign Exchange Services. It offers fixed income, equity, foreign exchanges, lending, and repo services. It also offers financing, deposits, and services to corporate customers including services about mergers and acquisition and IPOs. The business segments of the bank are Corporate finance, Islamic, Trading and sales, and Retail Banking.

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