Financial Services -
Banks - Regional - NASDAQ - US
$ 59.98
-0.643 %
$ 3.73 B
Market Cap
8.93
P/E
1. INTRINSIC VALUE
Balance Sheet
International Bancshares Corporation
| Current Assets | 5.34 B |
| Cash & Short-Term Investments | 5.34 B |
| Receivables | 72.2 M |
| Other Current Assets | -72.2 M |
| Non-Current Assets | 10.4 B |
| Long-Term Investments | 5.35 B |
| PP&E | 428 M |
| Other Non-Current Assets | 4.62 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 119 M |
| Other Non-Current Liabilities | -119 M |
EFFICIENCY
Earnings Waterfall
International Bancshares Corporation
| Revenue | 834 M |
| Cost Of Revenue | 0 |
| Gross Profit | 834 M |
| Operating Expenses | 834 M |
| Operating Income | 0 |
| Other Expenses | -409 M |
| Net Income | 409 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
International Bancshares Corporation
| Net Income | 409 M |
| Depreciation & Amortization | 22.5 M |
| Capital Expenditures | -14.1 M |
| Stock-Based Compensation | 214 K |
| Change in Working Capital | 26.1 M |
| Others | 60.4 M |
| Free Cash Flow | 460 M |
Wall Street Analysts Price Targets
International Bancshares Corporation
IBOC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.7 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
International Bancshares Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
7.17 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
4.71 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
IBC Reports Strong Earnings in 2024
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC) today reported annual net income for 2024 of approximately $409.2 million.
businesswire.com
- 2 months ago
23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
seekingalpha.com
- 2 months ago
Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation
SAN ANTONIO--(BUSINESS WIRE)-- #CommercialLOS--Finanta partners with IBC Bank to digitally transform commercial lending, enhancing efficiency, risk management, and customer experiences.
businesswire.com
- 5 months ago
IBC Reports Strong Earnings for the First Half of 2024
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC) today reported net income for the six months ended June 30, 2024.
businesswire.com
- 9 months ago
IBC's Strong Earnings Continue in the First Quarter of 2024
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2024 of $97.3 million or $1.56 diluted earnings per common share ($1.57 per share basic) compared to $101.6 million or $1.63 diluted earnings per common share ($1.64 per share basic), which represents a decrease of 4.3% in diluted earnings per share and a 4.2% decrease in net income over.
businesswire.com
- 1 year ago
International Bancshares Corporation Ranked Third on Forbes' America's Best Banks List for 2023
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (IBC)(NASDAQ: IBOC) has once again been ranked among the nation's best banks by Forbes Magazine. The Laredo-based multibank financial holding company ranked 3rd on the 15th annual prestigious list of Best Banks in America. The top two hundred largest publicly traded banks and thrifts by asset size were eligible for the list; however, only the top one hundred were ranked after Forbes' analysis of ten equally weighted financial.
businesswire.com
- 1 year ago
International Bancshares Corporation Ranked #1 by S&P Global Market Intelligence's Top 50 Public Banks for 2023
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (IBC) (NASDAQ:IBOC) is proud to announce that it ranked #1 among S&P Global Market Intelligence's best-performing U.S. Public Banks for 2023. The rankings assessed the financial performance of operating U.S. public banks with total assets exceeding $10 billion as of Dec. 31, 2023. S&P Global Market Intelligence launched the rankings in 2011 to evaluate the performance of community banks and credit unions. Institutions.
businesswire.com
- 1 year ago
7 Dividend Stocks to Secure Your Financial Freedom by 2026
Check out the guide to the best dividend stocks that can help you achieve financial freedom. The first star in this investing galaxy, with a 5% dividend yield, is glowing brightly.
investorplace.com
- 1 year ago
IBC Reports 37% Increase in Earnings in 2023
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2023 of $411.8 million, or $6.62 diluted earnings per common share ($6.63 per share basic), compared to $300.2 million, or $4.78 diluted earnings per common share ($4.79 per share basic), which represents an increase of 38.5% in diluted earnings per share and a 37.2% increase in net income over the corresponding.
businesswire.com
- 1 year ago
IBC Continues to Deliver Exceptional Earnings
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended Sept. 30, 2023 of $305.4 million, or $4.91 diluted earnings per common share ($4.92 per share basic), compared to $194.8 million, or $3.09 diluted earnings per common share ($3.10 per share basic), for the same period of 2022, which represents an increase of 56.8% in net income and an increase of 5.
businesswire.com
- 1 year ago
Top 3 Small Bank Stocks to Buy for Rapid Growth in 2023
Here's a look at three top small bank stocks to buy now. In times of turbulence, big banks often steal the limelight among banking stocks.
investorplace.com
- 1 year ago
IBC Continues Stellar Earnings
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the six months ended June 30, 2023 of $202.1 million, or $3.25 diluted earnings per common share ($3.25 per share basic) compared to $111.5 million or $1.76 diluted earnings per common share ($1.77 per share basic) for the same period of 2022, which represents an increase of 81.3% in net income and an increase of 84.7%.
businesswire.com
- 1 year ago
8. Profile
Summary
International Bancshares Corporation IBOC
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 3.73 B
Dividend Yield
0.00%
Description
International Bancshares Corporation, a financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. As of February 28, 2022, the company had 170 branch facilities and 263 ATMs serving 76 communities in Texas and Oklahoma. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
Contact
1200 San Bernardo Avenue, Laredo, TX, 78042-1359
https://www.ibc.com
IPO
Date
Aug. 30, 1995
Employees
2103
Officers
Ms. Judith I. Wawroski
Chief Accounting Officer, Principal Financial Officer & Treasurer
Mr. Kyle McElvaney
President & Chief Executive Officer of IBC Bank - Oklahoma
Mr. Mike K. Sohn
Chief Executive Officer & President of International Bank of Commerce - San Antonio
Mr. Derek Schmidt
Chief Executive Officer & President of International Bank of Commerce - Port Lavaca, Bay City
Mr. Ricardo X. Ramirez
President of International Bank of Commerce - Zapata
Mr. Robert B. Barnes
Chief Executive Officer & President of Intl. Bank of Commerce - Austin
Ms. Marisa V. Santos
Corporate Secretary
Mr. Jeff Samples
President of International Bank of Commerce - Houston
Mr. Dennis Edward Nixon
Chairman of the Board & President
Mr. Hector J. Cerna
Chief Executive Officer & President of International Bank of Commerce - Eagle Pass