Ecobank Transnational (NSA:ETI) Tax Rate % : 30.06% (As of Mar. 2024)

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What is Ecobank Transnational Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ecobank Transnational's Tax Expense for the three months ended in Mar. 2024 was ₦67,116 Mil. Ecobank Transnational's Pre-Tax Income for the three months ended in Mar. 2024 was ₦223,270 Mil. Therefore, Ecobank Transnational's Tax Rate % for the quarter that ended in Mar. 2024 was 30.06%.

Ecobank Transnational Tax Rate % Historical Data

The historical data trend for Ecobank Transnational'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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Ecobank Transnational Tax Rate % Chart

Ecobank Transnational Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.29

51.25

25.58

32.10

30.01

Ecobank Transnational 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															29.97	30.02	30.73	29.24	30.06

Ecobank Transnational Tax Rate % Calculation

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

Ecobank Transnational'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 )
	=	259390.776	/	864485.238
	=	30.01 %

Ecobank Transnational'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 )
	=	67115.741	/	223270.061
	=	30.06 %

Ecobank Transnational Tax Rate % Related Terms

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Ecobank Transnational (NSA:ETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Transnational Inc (NSA:ETI) » Definitions » Tax Rate %

Traded in Other Exchanges

ETI:Ghana ETIT:Cote d'Ivoire

Address

2365, Boulevard du Mono, Lome, TGO, 3261

Website

https://www.ecobank.com

Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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