Bank Asia (DHA:BANKASIA) Tax Rate % : 61.03% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Bank Asia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Asia's Tax Expense for the three months ended in Mar. 2024 was BDT1,220 Mil. Bank Asia's Pre-Tax Income for the three months ended in Mar. 2024 was BDT1,998 Mil. Therefore, Bank Asia's Tax Rate % for the quarter that ended in Mar. 2024 was 61.03%.

Bank Asia Tax Rate % Historical Data

The historical data trend for Bank Asia'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.

* Premium members only.

Bank Asia Tax Rate % Chart

Bank Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

50.78

49.21

39.68

53.89

48.68

Bank Asia 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															34.99	18.68	65.97	-78.46	61.03

Bank Asia Tax Rate % Calculation

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

Bank Asia'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 )
	=	2351.109	/	4829.96
	=	48.68 %

Bank Asia'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 )
	=	1219.635	/	1998.457
	=	61.03 %

Bank Asia Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bank Asia's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank Asia (DHA:BANKASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Asia PLC (DHA:BANKASIA) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215

Website

https://www.bankasia-bd.com

Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

Bank Asia (DHA:BANKASIA) Headlines

No Headlines