Access Bank Ghana (XGHA:ACCESS) Tax Rate % : 35.00% (As of Mar. 2024)

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What is Access Bank Ghana Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Access Bank Ghana's Tax Expense for the three months ended in Mar. 2024 was GHS99 Mil. Access Bank Ghana's Pre-Tax Income for the three months ended in Mar. 2024 was GHS282 Mil. Therefore, Access Bank Ghana's Tax Rate % for the quarter that ended in Mar. 2024 was 35.00%.

Access Bank Ghana Tax Rate % Historical Data

The historical data trend for Access Bank Ghana'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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Access Bank Ghana Tax Rate % Chart

Access Bank Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.07

32.26

35.80

23.26

40.41

Access Bank Ghana 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															35.00	35.00	35.00	51.66	35.00

Access Bank Ghana Tax Rate % Calculation

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

Access Bank Ghana'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 )
	=	419.347	/	1037.812
	=	40.41 %

Access Bank Ghana'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 )
	=	98.871	/	282.487
	=	35.00 %

Access Bank Ghana Tax Rate % Related Terms

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Access Bank Ghana (XGHA:ACCESS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Access Bank Ghana PLC (XGHA:ACCESS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Starlets’ 91 Road, P. O. Box GP 353, Opposite Accra Sports Stadium, Osu, Accra, GHA

Website

https://www.ghana.accessbankplc.com

Access Bank Ghana PLC is a Ghana-based commercial bank. The bank provides universal banking services including Retail Banking, Commercial Banking, Business Banking, Personal Banking, and Exclusive Banking. It also provides support for financing landmark projects in the private and public sectors. It provides services to Corporate, Commercial, Retail customers, and Financial Institutions across Ghana. The company's segments include Institutional Banking, Commercial Banking, Personal, and Business Banking, and Treasury.

Access Bank Ghana (XGHA:ACCESS) Headlines

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