Asia United Bank (PHS:AUB) Tax Rate % : 20.86% (As of Mar. 2024)

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What is Asia United Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Asia United Bank's Tax Expense for the three months ended in Mar. 2024 was ₱616 Mil. Asia United Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₱2,953 Mil. Therefore, Asia United Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 20.86%.

Asia United Bank Tax Rate % Historical Data

The historical data trend for Asia United 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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Asia United Bank Tax Rate % Chart

Asia United Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.85

21.51

19.82

19.07

19.34

Asia United 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															12.17	17.86	22.27	23.88	20.86

Asia United Bank Tax Rate % Calculation

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

Asia United 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 )
	=	1980.08	/	10240.669
	=	19.34 %

Asia United 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 )
	=	616	/	2953
	=	20.86 %

Asia United Bank Tax Rate % Related Terms

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Asia United Bank (PHS:AUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Asia United Bank Corp (PHS:AUB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 ADB Avenue, Joy-Nostalg Center, Ortigas Center, Pasig City, PHL, 1600

Website

https://www.aub.com.ph

Asia United Bank Corp is a banking service provider in the Philippines. It offers banking and financial products to corporate and individual customers. It functions through five divisions. Commercial Banking provides lending, trade, and cash management services to corporate and institutional customers. The Consumer Banking segment offers banking services to retail customers. The Treasury segment functions include managing the group's reserve and liquidity position and maintaining its balance sheet by investing in sovereign and corporate debt instruments. The Branch Banking segment, which is the key revenue driver, offers retail deposit products. The Others segment includes the group's income from trust activities, remittances, investment banking, and gains on foreclosed properties.