Standard Bank Group (Standard Bank Group) Tax Rate % : 23.81% (As of Dec. 2023)

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What is Standard Bank Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Standard Bank Group's Tax Expense for the six months ended in Dec. 2023 was $423 Mil. Standard Bank Group's Pre-Tax Income for the six months ended in Dec. 2023 was $1,776 Mil. Therefore, Standard Bank Group's Tax Rate % for the quarter that ended in Dec. 2023 was 23.81%.

Standard Bank Group Tax Rate % Historical Data

The historical data trend for Standard Bank Group'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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Standard Bank Group Tax Rate % Chart

Standard Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.59

20.05

26.56

23.08

24.21

Standard Bank Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															27.21	21.36	24.51	24.60	23.81

Standard Bank Group Tax Rate % Calculation

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

Standard Bank Group'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 )
	=	862.189	/	3561.891
	=	24.21 %

Standard Bank Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	422.749	/	1775.847
	=	23.81 %

Standard Bank Group Tax Rate % Related Terms

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Standard Bank Group (Standard Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (OTCPK:SGBLY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SBPP.PFD:South Africa SBKP.PFD:South Africa SBK:South Africa SBGOF:USA SNB:Namibia SKC2:Germany

Address

550 Denman Street, Suite 200, Vancouver, BC, CAN

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

Standard Bank Group (Standard Bank Group) Headlines

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