IBERIABANK Corporation is a financial holding company. The Company is a holding company for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners LLC (ICP), a corporate finance services firm; 1887 Leasing, LLC, a holding company for its aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust advisory services to high net worth individuals, pension funds, corporations and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE, LLC (CDE), which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services. These products and services include an array of commercial, consumer, mortgage, and private banking products and services, trust advisory services, cash management, deposit and annuity products.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:IBKC
- CUSIP: 45082810
- Web: www.iberiabank.com
- Market Cap: $4.15344 billion
- Outstanding Shares: 53,627,000
- 50 Day Moving Avg: $76.83
- 200 Day Moving Avg: $78.99
- 52 Week Range: $62.66 - $91.10
Sales & Book Value:
- Trailing P/E Ratio: 18.866
- Foreward P/E Ratio: 13.19
- P/E Growth: 2.030
- Annual Revenue: $861.72 million
- Price / Sales: 4.82
- Book Value: $66.08 per share
- Price / Book: 1.17
- Annual Dividend: $1.44
- Dividend Yield: 1.9%
- Net Margins: 20.08%
- Return on Equity: 6.86%
- Return on Assets: 0.96%
- Debt-to-Equity Ratio: 0.20%
- Current Ratio: 0.92%
- Quick Ratio: 0.91%
- Average Volume: 329,452 shs.
- Beta: 1.3
- Short Ratio: 2.09
Frequently Asked Questions for IBERIABANK Corporation (NASDAQ:IBKC)
What is IBERIABANK Corporation's stock symbol?
IBERIABANK Corporation trades on the NASDAQ under the ticker symbol "IBKC."
How often does IBERIABANK Corporation pay dividends? What is the dividend yield for IBERIABANK Corporation?
IBERIABANK Corporation declared a quarterly dividend on Wednesday, September 20th. Stockholders of record on Friday, September 29th will be given a dividend of $0.37 per share on Friday, October 27th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Thursday, September 28th. This is a positive change from IBERIABANK Corporation's previous quarterly dividend of $0.36. View IBERIABANK Corporation's Dividend History.
How were IBERIABANK Corporation's earnings last quarter?
IBERIABANK Corporation (NASDAQ:IBKC) released its quarterly earnings data on Thursday, July, 20th. The company reported $1.10 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.02. The company had revenue of $239.61 million for the quarter, compared to analyst estimates of $236.73 million. IBERIABANK Corporation had a net margin of 20.08% and a return on equity of 6.86%. View IBERIABANK Corporation's Earnings History.
When will IBERIABANK Corporation make its next earnings announcement?
Where is IBERIABANK Corporation's stock going? Where will IBERIABANK Corporation's stock price be in 2017?
12 brokerages have issued 12-month price targets for IBERIABANK Corporation's shares. Their forecasts range from $73.00 to $97.00. On average, they expect IBERIABANK Corporation's share price to reach $90.67 in the next twelve months. View Analyst Ratings for IBERIABANK Corporation.
What are analysts saying about IBERIABANK Corporation stock?
Here are some recent quotes from research analysts about IBERIABANK Corporation stock:
- 1. Piper Jaffray Companies analysts commented, "It was clear to us that this view was shared across the integration team — many of whom were uncertain about the melding of the two cultures when the deal was announced," Green added. "Importantly, the similarity of the two cultures gives us more optimism that revenue growth could accelerate at [Sabadell United] relative to historical levels." (8/15/2017)
- 2. According to Zacks Investment Research, "IBERIABANK Corporation is a commercial bank holding company. " (8/1/2017)
Who are some of IBERIABANK Corporation's key competitors?
Some companies that are related to IBERIABANK Corporation include BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), F.N.B. Corporation (FNB), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), First Hawaiian (FHB), Hancock Holding Company (HBHC), MB Financial (MBFI), Associated Banc-Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Home BancShares (HOMB), Sterling Bancorp (STL), Fulton Financial Corporation (FULT), First Financial Bankshares (FFIN) and Columbia Banking System (COLB).
Who are IBERIABANK Corporation's key executives?
IBERIABANK Corporation's management team includes the folowing people:
- William H. Fenstermaker, Independent Chairman of the Board
- Daryl G. Byrd, President, Chief Executive Officer, Director
- E. Stewart Shea III, Independent Vice Chairman of the Board
- Michael J. Brown, Vice Chairman, Chief Operating Officer
- Jefferson G. Parker, Vice Chairman and Managing Director - Brokerage, Trust and Wealth Management
- Anthony J. Restel, Chief Financial Officer, Senior Executive Vice President
- James Randolph Bryan, Executive Vice President, Chief Risk Officer
- Robert B. Worley Jr., Executive Vice President, General Counsel, Corporate Secretary
- Elizabeth A. Ardoin, Senior Executive Vice President and Director of Communications, Facilities and Human Resources
- Robert M. Kottler, Executive Vice President and Director - Retail, Small Business, Mortgage
Who owns IBERIABANK Corporation stock?
IBERIABANK Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.12%), BlackRock Inc. (6.54%), Dimensional Fund Advisors LP (5.56%), State Street Corp (4.77%), JPMorgan Chase & Co. (3.67%) and Northern Trust Corp (2.17%). Company insiders that own IBERIABANK Corporation stock include Anthony J Restel, Daryl G Byrd, E Stewart Shea III, Elizabeth A Ardoin, Haddon Spurgeon Mackie Jr, Jefferson G Parker, John R Davis and Michael J Brown. View Institutional Ownership Trends for IBERIABANK Corporation.
Who sold IBERIABANK Corporation stock? Who is selling IBERIABANK Corporation stock?
IBERIABANK Corporation's stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Principal Financial Group Inc., Dimensional Fund Advisors LP, BlackRock Inc., Clinton Group Inc., Wells Fargo & Company MN, GW&K Investment Management LLC and Bank of New York Mellon Corp. Company insiders that have sold IBERIABANK Corporation stock in the last year include Anthony J Restel, Daryl G Byrd, E Stewart Shea III, Elizabeth A Ardoin, Haddon Spurgeon Mackie Jr, Jefferson G Parker, John R Davis and Michael J Brown. View Insider Buying and Selling for IBERIABANK Corporation.
Who bought IBERIABANK Corporation stock? Who is buying IBERIABANK Corporation stock?
IBERIABANK Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Rothschild Asset Management Inc., State Street Corp, Teachers Advisors LLC, Thrivent Financial For Lutherans, Northern Trust Corp, Balyasny Asset Management LLC, FMR LLC and Channing Capital Management LLC. View Insider Buying and Selling for IBERIABANK Corporation.
How do I buy IBERIABANK Corporation stock?
Shares of IBERIABANK Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IBERIABANK Corporation's stock price today?
MarketBeat Community Rating for IBERIABANK Corporation (NASDAQ IBKC)MarketBeat's community ratings are surveys of what our community members think about IBERIABANK Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of IBERIABANK Corporation stock can currently be purchased for approximately $77.45.
Consensus Ratings for IBERIABANK Corporation (NASDAQ:IBKC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 9 Buy Ratings, 2 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.08)|
|Consensus Price Target: ||$90.67 (17.06% upside)|
Analysts' Ratings History for IBERIABANK Corporation (NASDAQ:IBKC)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/15/2017||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$89.00||Low|
|7/31/2017||Stephens||Set Price Target||Buy||$95.00||Low|
|7/25/2017||JMP Securities||Boost Price Target||Market Outperform||$94.00 -> $95.00||Medium|
|6/5/2017||Keefe, Bruyette & Woods||Set Price Target||Buy||$90.00||Low|
|6/5/2017||Hovde Group||Upgrade||Market Perform -> Outperform||$87.00||Medium|
|5/19/2017||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||High|
|5/19/2017||Iberia Capital||Upgrade||Outperform -> Strong-Buy||$93.00||High|
|5/1/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$88.00 -> $97.00||Medium|
|12/6/2016||FIG Partners||Downgrade||Outperform -> Market Perform||N/A|
|12/2/2016||Sandler O'Neill||Upgrade||Hold -> Buy||N/A|
|10/30/2016||FBR & Co||Set Price Target||Buy||$73.00||N/A|
|2/3/2016||SunTrust Banks, Inc.||Lower Price Target||Neutral||$63.00 -> $53.00||N/A|
|2/1/2016||Jefferies Group LLC||Lower Price Target||Hold||$54.00||N/A|
Earnings History for IBERIABANK Corporation (NASDAQ:IBKC)Earnings History by Quarter for IBERIABANK Corporation (NASDAQ IBKC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/20/2017||Q2 2017||$1.12||$1.10||$236.73 million||$239.61 million||View||N/A|
|4/27/2017||Q1 2017||$0.97||$1.02||$219.98 million||$220.16 million||View||N/A|
|1/26/2017||Q416||$1.14||$1.16||$224.65 million||$214.90 million||View||N/A|
|10/26/2016||Q316||$1.20||$1.08||$41.83 million||$223.23 million||View||N/A|
|7/27/2016||Q216||$1.14||$1.18||$224.83 million||$227.70 million||View||N/A|
|4/27/2016||Q116||$0.99||$1.01||$214.47 million||$217.25 million||View||N/A|
|1/27/2016||Q415||$1.10||$1.11||$214.50 million||$213.66 million||View||N/A|
|10/21/2015||Q315||$1.10||$1.07||$216.36 million||$212.60 million||View||Listen|
|7/22/2015||Q215||$1.09||$1.05||$200.52 million||$207.19 million||View||Listen|
|4/22/2015||Q115||$0.99||$0.95||$173.54 million||$174.70 million||View||N/A|
|1/28/2015||Q414||$1.01||$1.05||$168.21 million||$171.75 million||View||N/A|
|10/22/2014||Q314||$0.98||$1.00||$167.52 million||$166.70 million||View||N/A|
|7/23/2014||Q214||$0.89||$0.96||$149.34 million||$156.94 million||View||N/A|
|4/23/2014||Q114||$0.81||$0.73||$142.48 million||$140.09 million||View||N/A|
|7/23/2013||Q2 2013||$0.72||$0.80||$142.58 million||View||N/A|
|1/24/2013||Q4 2012||$0.82||$0.80||$146.09 million||View||N/A|
Earnings Estimates for IBERIABANK Corporation (NASDAQ:IBKC)
2017 EPS Consensus Estimate: $4.55
2018 EPS Consensus Estimate: $5.89
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for IBERIABANK Corporation (NASDAQ:IBKC)
|Payout Ratio:||35.04% (Trailing 12 Months of Earnings) |
30.57% (Based on This Year's Estimates)
24.53% (Based on Next Year's Estimates)
Dividend History by Quarter for IBERIABANK Corporation (NASDAQ IBKC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for IBERIABANK Corporation (NASDAQ:IBKC)
Insider Ownership Percentage: 2.52%Insider Trades by Quarter for IBERIABANK Corporation (NASDAQ:IBKC)
Institutional Ownership Percentage: 81.11%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/7/2017||John R Davis||Insider||Sell||6,141||$80.12||$492,016.92|| |
|5/22/2017||Michael J Brown||Vice Chairman||Sell||25,000||$78.82||$1,970,500.00|| |
|5/15/2017||E Stewart Shea III||Director||Sell||4,147||$80.65||$334,455.55|| |
|5/8/2017||Haddon Spurgeon Mackie Jr||EVP||Sell||4,217||$81.86||$345,203.62|| |
|5/3/2017||Anthony J Restel||EVP||Sell||19,652||$80.32||$1,578,448.64|| |
|5/2/2017||John R Davis||Insider||Sell||15,704||$80.05||$1,257,105.20|| |
|3/17/2017||Haddon Spurgeon Mackie Jr||EVP||Sell||1,490||$79.93||$119,095.70|| |
|12/22/2016||Jefferson G Parker||Vice Chairman||Sell||5,000||$86.52||$432,600.00|| |
|12/13/2016||Elizabeth A Ardoin||Insider||Sell||3,390||$85.95||$291,370.50|| |
|12/9/2016||Michael J Brown||Vice Chairman||Sell||10,000||$88.90||$889,000.00|| |
|11/22/2016||Haddon Spurgeon Mackie Jr||EVP||Sell||1,501||$80.92||$121,460.92|| |
|11/14/2016||Daryl G Byrd||CEO||Sell||13,256||$75.00||$994,200.00|| |
|11/11/2016||John R Davis||Insider||Sell||15,000||$74.34||$1,115,100.00|| |
|11/9/2016||Daryl G Byrd||CEO||Sell||11,744||$70.00||$822,080.00|| |
|9/19/2016||John R Davis||Insider||Sell||8,560||$68.02||$582,251.20|| |
|9/2/2016||Elizabeth A Ardoin||Insider||Sell||2,455||$68.58||$168,363.90|| |
|8/29/2016||Anthony J Restel||EVP||Sell||3,342||$69.22||$231,333.24|| |
|10/29/2015||Anthony J. Restel||CFO||Sell||5,250||$61.79||$324,397.50|| |
|9/15/2015||Jefferson G Parker||Vice Chairman||Sell||5,216||$61.25||$319,480.00|| |
|9/11/2015||Jefferson G Parker||Vice Chairman||Sell||5,000||$60.51||$302,550.00|| |
|3/2/2015||Daryl G Byrd||CEO||Sell||20,000||$62.82||$1,256,400.00|| |
|1/9/2015||Daryl G Byrd||CEO||Sell||11,000||$61.70||$678,700.00|| |
|11/14/2014||Harry V Barton Jr||Director||Sell||4,062||$68.45||$278,043.90|| |
|8/25/2014||O Miles Pollard||Director||Sell||2,125||$64.90||$137,912.50|| |
|8/18/2014||Daryl G Byrd||CEO||Sell||4,000||$64.72||$258,880.00|| |
|7/29/2014||Anthony J Restel||CFO||Sell||4,206||$66.24||$278,605.44|| |
|3/10/2014||Elizabeth Ardoin||EVP||Sell||5,181||$67.69||$350,701.89|| |
|3/10/2014||Jefferson Parker||Chairman||Sell||3,125||$68.11||$212,843.75|| |
|3/6/2014||Barry Berthelot||EVP||Sell||2,232||$66.94||$149,410.08|| |
|2/25/2014||Daryl Byrd||CEO||Sell||8,750||$63.02||$551,425.00|| |
|2/14/2014||Harry Barton, Jr.||Director||Sell||3,125||$64.51||$201,593.75|| |
|2/13/2014||Michael Brown||Chairman||Sell||15,000||$63.73||$955,950.00|| |
|2/12/2014||George Becker III||EVP||Sell||16,875||$64.17||$1,082,868.75|| |
|2/10/2014||Daryl Byrd||CEO||Sell||15,000||$63.40||$951,000.00|| |
|1/29/2014||Daryl Byrd||CEO||Sell||5,000||$67.00||$335,000.00|| |
|1/13/2014||Daryl Byrd||CEO||Sell||10,000||$61.27||$612,700.00|| |
|12/11/2013||Daryl Byrd||CEO||Sell||5,000||$61.60||$308,000.00|| |
|11/8/2013||Michael Brown||Chairman||Sell||15,000||$60.00||$900,000.00|| |
|10/31/2013||Anthony J Restel||CFO||Sell||4,700||$58.31||$274,057.00|| |
|10/25/2013||John N Casbon||Director||Sell||2,290||$59.79||$136,919.10|| |
|10/25/2013||John R Davis||EVP||Sell||33,871||$60.12||$2,036,324.52|| |
|8/21/2013||Hunter Gregg Strader||Insider||Sell||3,604||$56.02||$201,896.08|| |
|7/30/2013||Jefferson G Parker||Chairman||Sell||6,249||$58.35||$364,629.15|| |
|7/15/2013||John R Davis||EVP||Sell||10,664||$57.00||$607,848.00|| |
|7/1/2013||John R Davis||EVP||Sell||1,200||$53.70||$64,440.00|| |
|6/3/2013||George J Becker III||EVP||Sell||10,339||$52.00||$537,628.00|| |
|5/31/2013||George J Becker III||EVP||Sell||5,911||$51.99||$307,312.89|| |
|5/8/2013||Angus R Cooper II||Director||Buy||10,000||$46.41||$464,100.00|| |
|11/14/2012||John N Casbon||Director||Sell||2,100||$46.61||$97,881.00|| |
|8/13/2012||Angus R Cooper II||Director||Buy||20,000||$47.09||$941,800.00|| |
Headline Trends for IBERIABANK Corporation (NASDAQ:IBKC)
Latest Headlines for IBERIABANK Corporation (NASDAQ:IBKC)
IBERIABANK Corporation (IBKC) Chart for Monday, September, 25, 2017