City Union Bank (NSE:CUB) Tax Rate % : 20.32% (As of Mar. 2024)

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What is City Union Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. City Union Bank's Tax Expense for the three months ended in Mar. 2024 was ₹650 Mil. City Union Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,198 Mil. Therefore, City Union Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 20.32%.

City Union Bank Tax Rate % Historical Data

The historical data trend for City Union 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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City Union Bank Tax Rate % Chart

City Union Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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18.76

14.43

22.84

20.38

17.47

City Union 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															15.50	13.35	15.12	20.44	20.32

City Union Bank Tax Rate % Calculation

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

City Union Bank's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	2150	/	12307.309
	=	17.47 %

City Union 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 )
	=	650	/	3198.186
	=	20.32 %

City Union Bank Tax Rate % Related Terms

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City Union Bank (NSE:CUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Union Bank Ltd (NSE:CUB) » Definitions » Tax Rate %

Traded in Other Exchanges

532210:India

Address

Number 24 - B, Gandhi Nagar, Narayana, Kumbakonam, Thanjavur, TN, IND, 612 001

Website

https://www.cityunionbank.com

City Union Bank Ltd is a provider of banking products and services to individuals and corporations in India. The company is based in India, and generates the entirety of its revenue domestically. City Union Bank operates through four segments: Corporate banking, Treasury, Retail Banking and Other Banking Operations. Of these, Retail Banking is the largest contributor to the bank's revenues. Services offered to clients include savings and current accounts, deposits, credit, foreign deposits, auto loans, educational loans, consumer and jewel loans, life insurance, general insurance and online banking services.