Bank AlJazira (SAU:1020) Tax Rate % : 13.48% (As of Mar. 2024)

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What is Bank AlJazira Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank AlJazira's Tax Expense for the three months ended in Mar. 2024 was ﷼47 Mil. Bank AlJazira's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼347 Mil. Therefore, Bank AlJazira's Tax Rate % for the quarter that ended in Mar. 2024 was 13.48%.

Bank AlJazira Tax Rate % Historical Data

The historical data trend for Bank AlJazira'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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Bank AlJazira Tax Rate % Chart

Bank AlJazira Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.68

-8.20

12.76

14.47

13.62

Bank AlJazira 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															18.38	12.50	14.15	10.33	13.48

Bank AlJazira Tax Rate % Calculation

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

Bank AlJazira'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 )
	=	160.879	/	1180.851
	=	13.62 %

Bank AlJazira'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 )
	=	46.822	/	347.263
	=	13.48 %

Bank AlJazira Tax Rate % Related Terms

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Bank AlJazira (SAU:1020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank AlJazira (SAU:1020) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7724 King Abdulaziz Road, P.O Box 6277, Al-Shatea District, Jeddah, SAU, 21442

Website

https://www.baj.com.sa

Bank AlJazira provides banking services. The Group is organized into the following main operating segments: Personal banking Deposit includes credit and investment products for individuals. Corporate banking includes Financing, deposits and other credit products for corporate, small to medium sized business and institutional customers. Treasury includes money market, foreign exchange, trading and treasury services. Brokerage and asset management provides shares brokerage services to customers (this segment includes the activities of the Bank's subsidiary AlJazira Capital Company). All of the group's operations are based in the Kingdom of Saudi Arabia, GCC and Middle East, Europe, North America, South East Asia and Other countries.

Bank AlJazira (SAU:1020) Headlines

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