NBS Bank (MSW:NBS) Tax Rate %: 43.40% (As of Dec. 2025)

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MSW:NBS NBS Bank PLC MSW:NBS
91 GF Score
Price MWK680.85
GF Value MWK669.23
Valuation Fairly Valued
! 2 Warning Signs
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What is NBS Bank Tax Rate %?

NBS Bank MSW:NBS -1.16% 91 Tax Rate % is 43.40% as of Dec. 2025. GuruFocus rates MSW:NBS with a GF Score™ of 91/100 and a GF Value™ of MWK669.23 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NBS Bank's Tax Expense for the six months ended in Dec. 2025 was MWK59,184 Mil. NBS Bank's Pre-Tax Income for the six months ended in Dec. 2025 was MWK136,359 Mil. Therefore, NBS Bank's Tax Rate % for the quarter that ended in Dec. 2025 was 43.40%.

NBS Bank Tax Rate % Related Terms

NBS Bank Tax Rate % Historical Data

* Premium members only.

The historical data trend for NBS Bank'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.

NBS Bank Tax Rate % Chart

NBS Bank 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 33.05 29.88 40.91 41.58 43.90

NBS Bank Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 44.02 41.32 41.79 44.42 43.40
MSW:NBS
91GF Score
NBS Bank PLC MSW:NBS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NBS Bank Tax Rate % Calculation

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

NBS Bank'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 )
=117719.474/268141.181
=43.90 %

NBS Bank's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=59184.474/136359.181
=43.40 %

* 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 43.40% mean?
NBS Bank (MSW:NBS) has a Tax Rate % of 43.40% as of Dec. 2025.
Is NBS Bank's Tax Rate % too high?
NBS Bank's current Tax Rate % is 43.40%. Overall, NBS Bank has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NBS Bank's Tax Rate % compare to PNC and USB?
NBS Bank's Tax Rate % of 43.40% 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. NBS Bank's current Tax Rate % is 43.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBS Bank stock overvalued right now?
Based on GuruFocus' analysis, NBS Bank (MSW:NBS) is currently considered Fairly Valued. The stock's GF Value™ is MWK669.23, compared to a current price of MWK680.85 — trading 1.7% above its estimated fair value. The current Tax Rate % is 43.40%. NBS Bank's overall GF Score™ is 91/100 with 2 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 NBS Bank (MSW:NBS), the current Tax Rate % is 43.40% as of Dec. 2025. 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 NBS Bank (MSW:NBS) Overvalued in 2026?

Based on GuruFocus' analysis, NBS Bank stock appears to be overvalued. The current stock price of MWK680.85 is trading 1.7% above its estimated GF Value™ of MWK669.23. GuruFocus considers NBS Bank to be Fairly Valued.

Key valuation signals for MSW:NBS:

  • Tax Rate %: 43.40%
  • GF Value™: MWK669.23 vs. price of MWK680.85 (1.7% above fair value)
  • GF Score™: 91/100 with 2 warning signs

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

NBS Bank Business Description

Address Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre 3, Blantyre, MWI
NBS Bank PLC is predominantly involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.
91GF Score

Get the complete analysis for MSW:NBS

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

MWK680.85
Price
MWK669.23
GF Value