About International Bancshares (NASDAQ:IBOC)
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. In addition, it offers other banking related services, such as credit cards and safety deposit boxes; collection, notary public, escrow, and drive-up and walk-up facilities, as well as other customary banking services; and Internet banking services, as well as securities products through third party providers. The company provides its services through 192 branch locations and 294 ATMs serving 87 communities in south, central, and southeast Texas, as well as in the state of Oklahoma. International Bancshares Corporation was founded in 1966 and is based in Laredo, Texas.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:IBOC
CUSIP45904410
Phone956-722-7611
Debt
Debt-to-Equity Ratio0.54
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio16.29
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$565.54 million
Price / Sales5.13
Cash Flow$3.1416 per share
Price / Cash13.98
Book Value$27.70 per share
Price / Book1.59
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$157.43 million
Net Margins30.77%
Return on Equity9.82%
Return on Assets1.48%
Miscellaneous
Employees3,273
Outstanding Shares66,110,000
International Bancshares (NASDAQ:IBOC) Frequently Asked Questions
What is International Bancshares' stock symbol?
International Bancshares trades on the NASDAQ under the ticker symbol "IBOC."
How often does International Bancshares pay dividends? What is the dividend yield for International Bancshares?
International Bancshares declared a semiannual dividend on Tuesday, March 20th. Stockholders of record on Monday, April 2nd will be given a dividend of $0.33 per share on Monday, April 16th. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, March 29th. View International Bancshares' Dividend History.
How will International Bancshares' stock buyback program work?
International Bancshares declared that its Board of Directors has authorized a stock repurchase program 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 programs are often a sign that the company's leadership believes its shares are undervalued.
How were International Bancshares' earnings last quarter?
International Bancshares Co. (NASDAQ:IBOC) announced its quarterly earnings results on Tuesday, May, 8th. The bank reported $0.80 earnings per share for the quarter. The bank had revenue of $138.25 million for the quarter. International Bancshares had a return on equity of 9.82% and a net margin of 30.77%. View International Bancshares' Earnings History.
When is International Bancshares' next earnings date?
Who are some of International Bancshares' key competitors?
Some companies that are related to International Bancshares include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank of the Ozarks (OZRK), First Citizens BancShares (FCNCA), Wintrust Financial (WTFC), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Popular (BPOP), Associated Banc (ASB), Iberiabank (IBKC), Hancock (HBHC), Investors Bank (ISBC) and Home BancShares (HOMB).
Who are International Bancshares' key executives?
International Bancshares' management team includes the folowing people:
- Mr. Dennis Edward Nixon, Chairman, Pres & CEO (Age 75)
- Ms. Imelda Navarro, Pres of Retail Banking (Age 60)
- Mr. R. David Guerra, VP and CEO & Pres of International Bank of Commerce ? Mcallen (Age 65)
- Ms. Judith I. Wawroski, Treasurer, Chief Accounting Officer & CFO (Age 43)
- Ms. Dalia F. Martinez, Exec. VP, Operations (Age 67)
Has International Bancshares been receiving favorable news coverage?
Press coverage about IBOC stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Bancshares earned a news impact score of 0.12 on Accern's scale. They also gave news articles about the bank an impact score of 46.23 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are International Bancshares' major shareholders?
International Bancshares' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.02%), Dimensional Fund Advisors LP (7.08%), Northern Trust Corp (2.88%), Polaris Capital Management LLC (2.44%), Millennium Management LLC (1.94%) and Victory Capital Management Inc. (1.44%). Company insiders that own International Bancshares stock include Antonio R Sanchez Jr and R David Guerra. View Institutional Ownership Trends for International Bancshares.
Which major investors are selling International Bancshares stock?
IBOC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Citadel Advisors LLC, Prudential Financial Inc., Quantitative Systematic Strategies LLC, Victory Capital Management Inc., Teacher Retirement System of Texas and Rhumbline Advisers. Company insiders that have sold International Bancshares company stock in the last year include Antonio R Sanchez Jr and R David Guerra. View Insider Buying and Selling for International Bancshares.
Which major investors are buying International Bancshares stock?
IBOC stock was acquired by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, Millennium Management LLC, New York State Common Retirement Fund, BlackRock Inc., California Public Employees Retirement System, PNC Financial Services Group Inc., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. View Insider Buying and Selling for International Bancshares.
How do I buy shares of International Bancshares?
Shares of IBOC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is International Bancshares' stock price today?
One share of IBOC stock can currently be purchased for approximately $43.92.
How big of a company is International Bancshares?
International Bancshares has a market capitalization of $2.89 billion and generates $565.54 million in revenue each year. International Bancshares employs 3,273 workers across the globe.
How can I contact International Bancshares?
International Bancshares' mailing address is 12OO SAN BERNARDO AVE, LAREDO TX, 78042. The bank can be reached via phone at 956-722-7611.
MarketBeat Community Rating for International Bancshares (IBOC)
MarketBeat's community ratings are surveys of what our community members think about International Bancshares and other stocks. Vote "Outperform" if you believe IBOC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IBOC will underperform the S&P 500 over the long term. You may vote once every thirty days.
International Bancshares (NASDAQ:IBOC) Dividend Information
International Bancshares pays an annual dividend of $0.66 per share, with a dividend yield of 1.50%. IBOC's most recent semiannual dividend payment was Monday, April 16.
| Most Recent Dividend: | 4/16/2018 |
| Annual Dividend: | $0.66 |
| Dividend Yield: | 1.50% |
| Payout Ratio(s): | 21.01% (Based on Cash Flow)
N/A |
International Bancshares (NASDAQ:IBOC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/20/2018 | semiannual | $0.33 | 1.6% | 3/29/2018 | 4/2/2018 | 4/16/2018 |
| 9/19/2017 | semiannual | $0.33 | 1.74% | 9/28/2017 | 9/29/2017 | 10/16/2017 |
| 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)
International Bancshares (NASDAQ:IBOC) SEC Filings
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