Banco Azteca Institucion De Banca Multiple (MEX:FPLUS16) Tax Expense: MXN2,756 Mil (TTM As of Mar. 2026)


MEX:FPLUS16 Banco Azteca SA Institucion De Banca Multiple MEX:FPLUS16
53 GF Score
Price MXN5.04
GF Value MXN6.02
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Banco Azteca Institucion De Banca Multiple Tax Expense?

Banco Azteca Institucion De Banca Multiple MEX:FPLUS16 +0.40% 53 Tax Expense is MXN2,756 Mil as of Mar. 2026. GuruFocus rates MEX:FPLUS16 with a GF Score™ of 53/100 and a GF Value™ of MXN6.02 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Banco Azteca Institucion De Banca Multiple's tax expense for the months ended in Mar. 2026 was MXN726 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,756 Mil.


Banco Azteca Institucion De Banca Multiple  (MEX:FPLUS16) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Banco Azteca Institucion De Banca Multiple Tax Expense Related Terms


Banco Azteca Institucion De Banca Multiple Tax Expense Historical Data

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The historical data trend for Banco Azteca Institucion De Banca Multiple's Tax Expense 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.

Banco Azteca Institucion De Banca Multiple Tax Expense Chart

Banco Azteca Institucion De Banca Multiple Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 713.00 1,079.00 1,177.00 2,200.00 2,754.00

Banco Azteca Institucion De Banca Multiple Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 724.00 510.00 485.00 1,035.00 726.00
MEX:FPLUS16
53GF Score
Banco Azteca SA Institucion De Banca Multiple MEX:FPLUS16
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Azteca Institucion De Banca Multiple Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,756 Mil.

* 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 Expense →
What does a Tax Expense of MXN2,756 Mil mean?
Banco Azteca Institucion De Banca Multiple (MEX:FPLUS16) has a Tax Expense of MXN2,756 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Banco Azteca Institucion De Banca Multiple and its competitors.
Is Banco Azteca Institucion De Banca Multiple's Tax Expense too high?
Banco Azteca Institucion De Banca Multiple's current Tax Expense is MXN2,756 Mil. Overall, Banco Azteca Institucion De Banca Multiple has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banco Azteca Institucion De Banca Multiple's Tax Expense compare to PNC and USB?
Banco Azteca Institucion De Banca Multiple's Tax Expense of MXN2,756 Mil 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 Expense for a Banks company?
A good Tax Expense depends on the Banks industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Banco Azteca Institucion De Banca Multiple and its competitors. Banco Azteca Institucion De Banca Multiple's current Tax Expense is MXN2,756 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Azteca Institucion De Banca Multiple stock overvalued right now?
Based on GuruFocus' analysis, Banco Azteca Institucion De Banca Multiple (MEX:FPLUS16) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN6.02, compared to a current price of MXN5.04 — trading 16.3% below its estimated fair value. The current Tax Expense is MXN2,756 Mil. Banco Azteca Institucion De Banca Multiple's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Banco Azteca Institucion De Banca Multiple (MEX:FPLUS16), the current Tax Expense is MXN2,756 Mil 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 Banco Azteca Institucion De Banca Multiple (MEX:FPLUS16) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Azteca Institucion De Banca Multiple stock appears to be undervalued. The current stock price of MXN5.04 is trading 16.3% below its estimated GF Value™ of MXN6.02. GuruFocus considers Banco Azteca Institucion De Banca Multiple to be Modestly Undervalued.

Key valuation signals for MEX:FPLUS16:

  • Tax Expense: MXN2,756 Mil
  • GF Value™: MXN6.02 vs. price of MXN5.04 (16.3% below fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the MEX:FPLUS16 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Azteca Institucion De Banca Multiple Business Description

Address Insurgentes Sur No. 3579, Torre 2 Piso 6, Col. Villa Olimpica, Delegacion Tlalpan, Distrito Federal, Mexico City, MEX, 14020
Banco Azteca SA Institucion De Banca Multiple provides banking products and services. The company's business divisions include Debit Business, Aztec businessman, Micronegocity and Aztec Point.
53GF Score

Get the complete analysis for MEX:FPLUS16

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

MXN5.04
Price
MXN6.02
GF Value