Yup, that's what Bane looks like. Well, at least in the new Batman movie. OK, it's not so bad, but personally, I like the luchador mask and I'm sad to see it go. And, well, I don't know why Bane needs a jacket; maybe the costume designer never saw a sketch of Bane and totally thought the guy could fit his arms into a jacket (Spoiler: he totally can't).
In fact, I kind of wonder how they picked this outfit at at all. Hmmm....