Bank of Iwate (TSE:8345) Tax Rate %: 27.24% (As of Mar. 2026)

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TSE:8345 Bank of Iwate Ltd TSE:8345
50 GF Score
Price 円2,283.00
GF Value 円1,155.72
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Bank of Iwate Tax Rate %?

Bank of Iwate TSE:8345 -3.18% 50 Tax Rate % is 27.24% as of Mar. 2026. GuruFocus rates TSE:8345 with a GF Score™ of 50/100 and a GF Value™ of 円1,155.72 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Iwate's Tax Expense for the three months ended in Mar. 2026 was 円883 Mil. Bank of Iwate's Pre-Tax Income for the three months ended in Mar. 2026 was 円3,241 Mil. Therefore, Bank of Iwate's Tax Rate % for the quarter that ended in Mar. 2026 was 27.24%.

Bank of Iwate Tax Rate % Related Terms

Bank of Iwate Tax Rate % Historical Data

* Premium members only.

The historical data trend for Bank of Iwate'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.

Bank of Iwate Tax Rate % Chart

Bank of Iwate Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.15 18.16 37.36 28.42 30.26

Bank of Iwate Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.63 34.09 30.00 27.24 30.04
TSE:8345
50GF Score
Bank of Iwate Ltd TSE:8345
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Iwate Tax Rate % Calculation

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

Bank of Iwate's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=3870/12790
=30.26 %

Bank of Iwate'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 )
=883/3241
=27.24 %

* 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 27.24% mean?
Bank of Iwate (TSE:8345) has a Tax Rate % of 27.24% as of Mar. 2026.
Is Bank of Iwate's Tax Rate % too high?
Bank of Iwate's current Tax Rate % is 27.24%. Overall, Bank of Iwate has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Iwate's Tax Rate % compare to competitors?
Bank of Iwate's Tax Rate % of 27.24% 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. Bank of Iwate's current Tax Rate % is 27.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Iwate stock overvalued right now?
Based on GuruFocus' analysis, Bank of Iwate (TSE:8345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,155.72, compared to a current price of 円2,283.00 — trading 97.5% above its estimated fair value. The current Tax Rate % is 27.24%. Bank of Iwate's overall GF Score™ is 50/100 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 Bank of Iwate (TSE:8345), the current Tax Rate % is 27.24% 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 Bank of Iwate (TSE:8345) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Iwate stock appears to be overvalued. The current stock price of 円2,283.00 is trading 97.5% above its estimated GF Value™ of 円1,155.72. GuruFocus considers Bank of Iwate to be Significantly Overvalued.

Key valuation signals for TSE:8345:

  • Tax Rate %: 27.24%
  • GF Value™: 円1,155.72 vs. price of 円2,283.00 (97.5% above fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the TSE:8345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bank of Iwate Business Description

Address 2-3, Chuodori 1-chome, Iwate, Morioka, JPN, 020-8688
Bank of Iwate Ltd is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.
50GF Score

Get the complete analysis for TSE:8345

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

円2,283.00
Price
円1,155.72
GF Value