International Bancshares Corporation is a financial holding company. The Company, through its subsidiaries, is primarily engaged in the business of banking, including the acceptance of checking and savings deposits, and the making of commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The primary markets of the Company are South, Central and Southeast Texas, an area bordered on the east by the Galveston area, to the northwest by Round Rock, to the southwest by Del Rio and to the southeast by Brownsville, as well as the State of Oklahoma. Its banking subsidiaries facilitate international trade along the United States' border with Mexico and elsewhere. The Bank's subsidiaries primarily focus on providing commercial banking services to small and medium sized businesses located in their trade areas. The Company's bank subsidiaries include International Bank of Commerce (IBC); Commerce Bank, and International Bank of Commerce, Zapata.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Southwest Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:IBOC
- CUSIP: 45904410
- Web: www.ibc.com
Capitalization:- Market Cap: $2.26 billion
- Outstanding Shares: 66,054,000
Average Prices:- 50 Day Moving Avg: $35.50
- 200 Day Moving Avg: $37.49
- 52 Week Range: $24.29 - $42.25
P/E:- Trailing P/E Ratio: 17.08
- Foreward P/E Ratio: 21.21
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $492.11 million
- Price / Sales: 4.58
- Book Value: $26.48 per share
- Price / Book: 1.29
Dividend:- Annual Dividend: $0.62
- Dividend Yield: 1.9%
Profitability:- Return on Equity: 9.72%
- Return on Assets: 1.41%
Debt:- Debt-to-Equity Ratio: 0.45%
- Current Ratio: 0.66%
- Quick Ratio: 0.66%
Misc:- Average Volume: 195,713 shs.
- Beta: 1.5
- Short Ratio: 3.7
Frequently Asked Questions for International Bancshares Corp (NASDAQ:IBOC)
What is International Bancshares Corp's stock symbol?
International Bancshares Corp trades on the NASDAQ under the ticker symbol "IBOC."
How often does International Bancshares Corp pay dividends? What is the dividend yield for International Bancshares Corp?
International Bancshares Corp declared a semiannual dividend on Tuesday, March 21st. Investors of record on Monday, April 3rd will be paid a dividend of $0.33 per share on Monday, April 17th. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from International Bancshares Corp's previous semiannual dividend of $0.31. View International Bancshares Corp's Dividend History.
How will International Bancshares Corp's stock buyback program work?
International Bancshares Corp announced that its Board of Directors has approved a stock repurchase plan on Monday, April 24th 2017, which allows the company to repurchase $40,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.
How were International Bancshares Corp's earnings last quarter?
International Bancshares Corp (NASDAQ:IBOC) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $125.45 million for the quarter. View International Bancshares Corp's Earnings History.
Who are some of International Bancshares Corp's key competitors?
Some companies that are related to International Bancshares Corp include Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), UMB Financial Corp (UMBF), First Financial Bankshares (FFIN), BancFirst (BANF), Heartland Financial USA (HTLF), Enterprise Financial Services Corp (EFSC), Great Southern Bancorp (GSBC), CoBiz Financial (COBZ), Southwest Bancorp (OKSB), MidWestOne Financial Group (MOFG), Investar Holding Corp (ISTR), First Community (FCCO) and Guaranty Federal Bancshares (GFED).
How do I buy International Bancshares Corp stock?
Shares of International Bancshares Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of International Bancshares Corp stock cost?
One share of International Bancshares Corp stock can currently be purchased for approximately $34.15.
Consensus Ratings for International Bancshares Corp (NASDAQ:IBOC) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for International Bancshares Corp (NASDAQ:IBOC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for International Bancshares Corp (NASDAQ:IBOC)Earnings History by Quarter for International Bancshares Corp (NASDAQ:IBOC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/8/2017 | Q1 2017 | | $0.48 | | $125.45 million | View | N/A |  |
| 2/27/2017 | Q4 2016 | | $0.53 | | $129.85 million | View | N/A | |
| 11/7/2016 | Q3 2016 | | $0.54 | | | View | N/A | |
| 2/26/2016 | Q4 | | $0.52 | | $122.92 million | View | N/A | |
| 2/27/2015 | Q315 | | $0.48 | | $129.43 million | View | N/A | |
| 8/5/2013 | Q413 | $0.39 | $0.41 | $115.90 million | | View | N/A | |
| 11/5/2012 | Q312 | $0.33 | $0.33 | $113.10 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for International Bancshares Corp (NASDAQ:IBOC)Current Year EPS Consensus Estimate: $1.59 EPS
Next Year EPS Consensus Estimate: $1.61 EPS
Current Dividend Information for International Bancshares Corp (NASDAQ:IBOC)| Most Recent Dividend: | 4/17/2017 |
| Annual Dividend: | $0.62 |
| Dividend Yield: | 1.82% |
| Payout Ratio: | 8.09% (Trailing 12 Months of Earnings)
38.99% (Based on This Year's Estimates)
38.51% (Based on Next Year's Estimates)
|
Dividend History by Quarter for International Bancshares Corp (NASDAQ:IBOC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/21/2017 | semiannual | $0.33 | 1.89% | 3/30/2017 | 4/3/2017 | 4/17/2017 |
| 9/20/2016 | | $0.31 | | 9/28/2016 | 9/30/2016 | 10/17/2016 |
| 3/21/2016 | | $0.29 | | 3/30/2016 | 4/1/2016 | 4/18/2016 |
| 9/21/2015 | | $0.29 | | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 3/23/2015 | semiannual | $0.29 | 2.25% | 3/30/2015 | 4/1/2015 | 4/17/2015 |
| 9/22/2014 | quarterly | $0.27 | 2.12% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 3/21/2014 | quarterly | $0.25 | 1.93% | 3/28/2014 | 4/1/2014 | 4/18/2014 |
| 9/19/2013 | semiannual | $0.23 | 2.12% | 9/26/2013 | 9/30/2013 | 10/15/2013 |
| 9/18/2013 | quarterly | $0.23 | | | 9/30/2013 | 10/15/2013 |
| 3/5/2013 | semiannual | $0.20 | 1.95% | 3/27/2013 | 4/1/2013 | 4/19/2013 |
| 3/4/2013 | quarterly | $0.20 | | | 4/1/2013 | 4/19/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for International Bancshares Corp (NASDAQ:IBOC)Insider Ownership Percentage: 17.95%
Institutional Ownership Percentage: 56.95%
Insider Trades by Quarter for International Bancshares Corp (NASDAQ:IBOC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/15/2017 | R David Guerra | VP | Sell | 2,500 | $37.47 | $93,675.00 | |
| 5/17/2016 | Anda Javier De | Director | Buy | 2,500 | $25.15 | $62,875.00 | |
| 12/9/2015 | R David Guerra | Director | Sell | 4,763 | $27.02 | $128,696.26 | |
| 12/7/2015 | Antonio R. Sanchez, Jr. | Director | Sell | 100,000 | $27.97 | $2,797,000.00 | |
| 12/3/2015 | Antonio R Sanchez Jr | Director | Sell | 33,000 | $28.91 | $954,030.00 | |
| 12/2/2015 | Antonio R. Sanchez, Jr. | Director | Sell | 167,000 | $30.28 | $5,056,760.00 | |
| 11/12/2015 | Imelda Navarro | Director | Sell | 7,900 | $29.53 | $233,287.00 | |
| 8/17/2015 | Leonardo Salinas | Director | Buy | 3,500 | $28.27 | $98,945.00 | |
| 8/14/2015 | Leonardo Salinas | Director | Buy | 3,500 | $27.28 | $95,480.00 | |
| 6/10/2015 | R David Guerra | Director | Sell | 17,042 | $27.57 | $469,847.94 | |
| 12/15/2014 | R David Guerra | Director | Sell | 12,028 | $23.41 | $281,575.48 | |
| 9/12/2014 | Imelda Navarro | Director | Sell | 4,000 | $26.69 | $106,760.00 | |
| 3/13/2014 | R David Guerra | Director | Sell | 25,332 | $24.23 | $613,794.36 | |
| 3/3/2014 | Antonio R Sanchez Jr | Director | Sell | 250,209 | $23.00 | $5,754,807.00 | |
| 12/11/2013 | R David Guerra | Director | Sell | 10,970 | $25.32 | $277,760.40 | |
| 9/5/2013 | R David Guerra | Director | Sell | 33,640 | $21.61 | $726,960.40 | |
| 8/29/2013 | R David Guerra | Director | Sell | 10,000 | $22.60 | $226,000.00 | |
| 6/12/2013 | R David Guerra | Director | Sell | 35,148 | $21.33 | $749,706.84 | |
(Data available from 1/1/2013 forward)
Headline Trends for International Bancshares Corp (NASDAQ:IBOC)
Latest Headlines for International Bancshares Corp (NASDAQ:IBOC)
| Source: |
|
| Date | Headline |
|---|
 | IBC Bank's commercial loan volume declines in first quarter
www.bizjournals.com - May 12 at 6:29 PM |
 | International Bancshares (IBOC) Shares Cross Below 200 DMA
www.nasdaq.com - May 12 at 6:29 PM |
 | International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : May 10, 2017
finance.yahoo.com - May 10 at 1:26 PM |
 | International Bancshares Corp (IBOC) Posts Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 3:06 PM |
| IBC Reports First Quarter 2017 Earnings
finance.yahoo.com - May 8 at 5:30 PM |
 | International Bancshares posts 1Q profit
marketbeat.com - May 8 at 4:53 PM |
| Favorable Media Coverage Somewhat Unlikely to Impact International Bancshares Corp (IBOC) Stock Price
www.americanbankingnews.com - April 27 at 4:02 PM |
| International Bancshares Corp. breached its 50 day moving average in a Bullish Manner : IBOC-US : April 25, 2017
finance.yahoo.com - April 25 at 10:47 AM |
| International Bancshares Corp (IBOC) Board of Directors Approves Share Buyback Program
www.americanbankingnews.com - April 24 at 1:16 PM |
| International Bancshares Corp (IBOC) Given News Impact Rating of 0.47
www.americanbankingnews.com - April 21 at 7:10 PM |
 | International Bancshares (IBOC) Extends Stock Repurchase Program
www.streetinsider.com - April 21 at 5:45 PM |
| International Bancshares Corporation Announces Extension of Stock Repurchase Program
finance.yahoo.com - April 21 at 5:45 PM |
| IBC Bank executive compensation drops in 2016
finance.yahoo.com - April 19 at 11:30 AM |
| International Bancshares Corp (IBOC) Receives Media Impact Score of 0.47
www.americanbankingnews.com - April 18 at 11:58 AM |
| International Bancshares Corp (IBOC) Earns Media Impact Rating of 0.47
www.americanbankingnews.com - April 13 at 11:09 AM |
| International Bancshares Corp. : IBOC-US: Dividend Analysis : April 03rd, 2017 (record date) : By the numbers : April 12, 2017
finance.yahoo.com - April 12 at 5:56 PM |
| International Bancshares Corporation (IBOC) Ex-Dividend Date Scheduled for ...
www.nasdaq.com - March 31 at 5:50 PM |
| International Bancshares is Now Oversold (IBOC)
www.nasdaq.com - March 22 at 11:03 PM |
| International Bancshares Corp (IBOC) Increases Dividend to $0.33 Per Share
www.americanbankingnews.com - March 21 at 5:43 PM |
| INTERNATIONAL BANCSHARES CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - March 21 at 9:14 AM |
| International Bancshares Corporation Announces Increase in Cash Dividend
finance.yahoo.com - March 20 at 7:00 PM |
| Insider Selling: International Bancshares Corp (IBOC) VP Sells 2,500 Shares of Stock
www.americanbankingnews.com - March 16 at 8:27 PM |
| Forbes Magazine Ranks International Bancshares Corporation among Nation’s Best
finance.yahoo.com - March 6 at 5:22 PM |
 | International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : March 3, 2017
us.rd.yahoo.com - March 4 at 6:04 PM |
 | 1:34 pm International Banc FY16 EPS $2.02 vs. $2.05 last year (no estimates); net interest income -2% to $345 mln
us.rd.yahoo.com - March 1 at 11:51 AM |
 | IBC Reports Strong 2016 Earnings
www.businesswire.com - February 27 at 6:47 PM |
| INTERNATIONAL BANCSHARES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
biz.yahoo.com - February 27 at 6:47 PM |
| IBC Bank earnings take a hit in 2016
www.bizjournals.com - February 27 at 6:47 PM |
| Several institutional investors buy more shares of IBC Bank
www.bizjournals.com - February 9 at 6:44 PM |
| How commercial lending for San Antonio area banks stacked up during 2016
www.bizjournals.com - December 27 at 5:51 PM |
| INTERNATIONAL BANCSHARES CORP Financials
finance.yahoo.com - November 17 at 5:07 PM |
| IBC Bank posts bigger profit margin in Q3 despite drop in loans
www.bizjournals.com - November 9 at 5:14 PM |
| IBC Reports Strong Third Quarter 2016 Earnings
www.businesswire.com - November 7 at 5:51 PM |
 | International Bancshares Corporation reports Q3 results
seekingalpha.com - November 7 at 1:19 PM |
| Cuts, Raises, Suspensions And Specials: The Week In Dividends
finance.yahoo.com - October 15 at 10:17 AM |
| IBC Bank posts slimmer profit margin in Q2 2016, bigger dividend
www.bizjournals.com - September 28 at 5:23 PM |
| International Bancshares Corporation Announces Significant Increase in Cash Dividend
www.nasdaq.com - September 19 at 5:37 PM |
| International Bancshares Corporation declares $0.30 dividend
seekingalpha.com - September 19 at 5:37 PM |
| 1:41 pm International Banc reported Q2 EPS of $0.45 versus $0.51 last year (no ests)
finance.yahoo.com - August 5 at 5:43 PM |
International Bancshares Corp (IBOC) Chart for Thursday, May, 25, 2017
