International Bancshares (MEX:IBOC) Tax Rate %: 21.02% (As of Mar. 2026)


MEX:IBOC International Bancshares Corp MEX:IBOC
70 GF Score
Price MXN1,495.00
GF Value MXN1,295.79
! 6 Warning Signs
View Full Analysis

What is International Bancshares Tax Rate %?

International Bancshares MEX:IBOC 70 Tax Rate % is 21.02% as of Mar. 2026. GuruFocus rates MEX:IBOC with a GF Score™ of 70/100 and a GF Value™ of MXN1,295.79. The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. International Bancshares's Tax Expense for the three months ended in Mar. 2026 was MXN490 Mil. International Bancshares's Pre-Tax Income for the three months ended in Mar. 2026 was MXN2,333 Mil. Therefore, International Bancshares's Tax Rate % for the quarter that ended in Mar. 2026 was 21.02%.

International Bancshares Tax Rate % Related Terms

International Bancshares Tax Rate % Historical Data

* Premium members only.

The historical data trend for International Bancshares'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.

International Bancshares Tax Rate % Chart

International Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.22 21.54 21.35 19.57 20.77

International Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.00 20.50 20.60 21.86 21.02
MEX:IBOC
70GF Score
International Bancshares Corp MEX:IBOC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Bancshares Tax Rate % Calculation

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

International Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=1945.858/9369.482
=20.77 %

International Bancshares's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=490.489/2333.179
=21.02 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.02% mean?
International Bancshares (MEX:IBOC) has a Tax Rate % of 21.02% as of Mar. 2026.
Is International Bancshares' Tax Rate % too high?
International Bancshares' current Tax Rate % is 21.02%. Overall, International Bancshares has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does International Bancshares' Tax Rate % compare to SFBS and TFSL?
International Bancshares' Tax Rate % of 21.02% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. International Bancshares's current Tax Rate % is 21.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Bancshares stock overvalued right now?
International Bancshares (MEX:IBOC) has a current Tax Rate % of 21.02%. The stock's GF Value™ is MXN1,295.79, compared to a current price of MXN1,495.00 — trading 15.4% above its estimated fair value. The current Tax Rate % is 21.02%. International Bancshares' overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For International Bancshares (MEX:IBOC), the current Tax Rate % is 21.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Bancshares (MEX:IBOC) Overvalued in 2026?

Based on GuruFocus' analysis, International Bancshares stock appears to be overvalued. The current stock price of MXN1,495.00 is trading 15.4% above its estimated GF Value™ of MXN1,295.79.

Key valuation signals for MEX:IBOC:

  • Tax Rate %: 21.02%
  • GF Value™: MXN1,295.79 vs. price of MXN1,495.00 (15.4% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the MEX:IBOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

International Bancshares Business Description

Other Exchanges IBOC:USAIB4:Germany
Address 1200 San Bernardo Avenue, Laredo, TX, USA, 78042-1359
International Bancshares Corp is a registered multibank financial holding company providing a diversified range of commercial and retail banking services in its main banking and branch facilities located in north, south, central, and southeast Texas and the State of Oklahoma.. The company provides commercial and retail banking services in Texas and Oklahoma. The services provided by the bank include checking, savings, bank cards, lending, insurance, mortgage, investments, and other services.
70GF Score

Get the complete analysis for MEX:IBOC

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,495.00
Price
MXN1,295.79
GF Value