About International Bancshares (NASDAQ:IBOC)
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
Industry BANKS & THRIFTS
Trailing P/E Ratio16.2712553866754
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$565.54 million
Price / Sales4.49
Cash Flow$2.98 per share
Price / Cash12.87
Book Value$27.83 per share
Price / Book1.38
Net Income$157.43 million
Return on Equity8.75%
Return on Assets1.30%
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 paid 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 announced that its Board of Directors has authorized a share buyback program on Monday, April 24th 2017, which allows the company to buyback $40,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 1.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.
How were International Bancshares' earnings last quarter?
International Bancshares Corp (NASDAQ:IBOC) posted its quarterly earnings results on Wednesday, February, 28th. The bank reported $0.68 EPS for the quarter. The bank earned $134.50 million during the quarter. International Bancshares had a net margin of 27.84% and a return on equity of 8.75%. View International Bancshares' Earnings History.
When will International Bancshares make its next earnings announcement?
Are investors shorting International Bancshares?
International Bancshares saw a decrease in short interest in the month of February. As of February 15th, there was short interest totalling 576,116 shares, a decrease of 35.0% from the January 31st total of 885,897 shares. Based on an average trading volume of 215,404 shares, the short-interest ratio is currently 2.7 days. Approximately 1.0% of the company's shares are short sold.
Who are some of International Bancshares' key competitors?
Some companies that are related to International Bancshares include Sterling Bancorp (STL), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), Webster Financial (WBS), Pinnacle Financial Partners (PNFP), Umpqua (UMPQ), Wintrust Financial (WTFC), Texas Capital Bancshares (TCBI), Hancock (HBHC), FNB (FNB), Popular (BPOP), IBERIABANK (IBKC), TFS Financial (TFSL), Valley National Bancorp (VLY), Investors Bancorp (ISBC), Home Bancshares (HOMB), Chemical Financial (CHFC) and First Hawaiian (FHB).
Who are International Bancshares' key executives?
International Bancshares' management team includes the folowing people:
- Dennis E. Nixon, Chairman of the Board, Chief Executive Officer of International Bank of Commerce, (Age 74)
- Imelda Navarro, Chief Financial Officer, Treasurer, Director and Senior Executive Vice President of International Bank of Commerce (Age 59)
- R. David Guerra, Vice President - President of IBC McAllen Branch and Director (Age 64)
- Antonio R. Sanchez Jr., Director (Age 74)
- Javier De Anda, Independent Director (Age 64)
- Irving Greenblum, Independent Director (Age 87)
- Douglas B. Howland Jr., Independent Director (Age 66)
- Peggy J. Newman, Independent Director (Age 85)
Has International Bancshares been receiving favorable news coverage?
News stories about IBOC stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Bancshares earned a daily sentiment score of 0.07 on Accern's scale. They also assigned headlines about the bank an impact score of 45.34 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are International Bancshares' major shareholders?
International Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.90%), Millennium Management LLC (1.73%), Polaris Capital Management LLC (1.55%), Victory Capital Management Inc. (1.45%), Bank of New York Mellon Corp (1.11%) and Geode Capital Management LLC (1.02%). Company insiders that own International Bancshares stock include Anda Javier De, 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 Metropolitan Life Insurance Co. NY, Citadel Advisors LLC, Rhumbline Advisers, Geode Capital Management LLC, Pinebridge Investments L.P., Bank of New York Mellon Corp, Wells Fargo & Company MN and Context BH Capital Management LP. 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 bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., Deutsche Bank AG, Goldman Sachs Group Inc., Bank of Montreal Can, MetLife Investment Advisors LLC, Barrow Hanley Mewhinney & Strauss LLC and BlackRock Inc.. 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 $38.40.
How big of a company is International Bancshares?
International Bancshares has a market capitalization of $2.66 billion and generates $565.54 million in revenue each year. The bank earns $157.43 million in net income (profit) each year or $2.36 on an earnings per share basis. 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 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.
International Bancshares (NASDAQ:IBOC) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
International Bancshares (NASDAQ:IBOC) Earnings History and Estimates Chart
International Bancshares (NASDAQ IBOC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/28/2018||Q4 2017||$0.68||$134.50 million||View||N/A|
|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|
|2/24/2014||Q4 2013||$0.58||$130.41 million||View||N/A|
|5/9/2013||Q1 2013||$0.37||$0.42||$113.80 million||$125.88 million||View||N/A|
International Bancshares (NASDAQ:IBOC) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
International Bancshares (NASDAQ:IBOC) Dividend Information
|Payout Ratio:||27.97% (Trailing 12 Months of Earnings) |
International Bancshares (NASDAQ:IBOC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
International Bancshares (NASDAQ IBOC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 17.93%
Institutional Ownership Percentage: 58.92%
International Bancshares (NASDAQ IBOC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/7/2018||Antonio R Sanchez Jr||Director||Sell||25,000||$40.75||$1,018,750.00|| |
|11/21/2017||Antonio R Sanchez Jr||Director||Sell||300,000||$38.91||$11,673,000.00||1,672,890|| |
|11/17/2017||Antonio R Sanchez Jr||Director||Sell||134,900||$38.86||$5,242,214.00||1,672,890|| |
|9/15/2017||R David Guerra||VP||Sell||2,500||$36.67||$91,675.00|| |
|8/16/2017||Antonio R Sanchez Jr||Director||Sell||50,000||$36.26||$1,813,000.00||1,672,890|| |
|8/15/2017||Antonio R Sanchez Jr||Director||Sell||20,000||$36.24||$724,800.00||1,672,890|| |
|8/14/2017||Antonio R Sanchez Jr||Director||Sell||15,000||$36.52||$547,800.00||1,672,890|| |
|6/15/2017||R David Guerra||VP||Sell||1,875||$36.04||$67,575.00||2,500|| |
|3/15/2017||R David Guerra||VP||Sell||2,500||$37.47||$93,675.00||6,875|| |
|5/17/2016||Anda Javier De||Director||Buy||2,500||$25.15||$62,875.00||8,864|| |
|12/9/2015||R David Guerra||Director||Sell||4,763||$27.02||$128,696.26||5,000|| |
|12/7/2015||Antonio R. Sanchez, Jr.||Director||Sell||100,000||$27.97||$2,797,000.00||1,680,312|| |
|12/3/2015||Antonio R Sanchez Jr||Director||Sell||33,000||$28.91||$954,030.00||1,790,601|| |
|12/2/2015||Antonio R. Sanchez, Jr.||Director||Sell||167,000||$30.28||$5,056,760.00||1,823,601|| |
|11/12/2015||Imelda Navarro||Director||Sell||7,900||$29.53||$233,287.00||186,162|| |
|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|| |
International Bancshares (NASDAQ IBOC) News Headlines
|International Bancshares Corp Announces Semiannual Dividend of $0.33 (IBOC)|
www.americanbankingnews.com - March 20 at 5:00 PM
|International Bancshares (IBOC) Upgraded to Hold at BidaskClub|
www.americanbankingnews.com - March 10 at 6:00 PM
|Insider Selling: International Bancshares Corp (IBOC) Director Sells 25,000 Shares of Stock|
www.americanbankingnews.com - March 8 at 6:31 PM
|Context BH Capital Management LP Sells 7,003 Shares of International Bancshares Corp (IBOC)|
www.americanbankingnews.com - March 6 at 5:40 AM
|International Bancshares Corp (IBOC) Shares Bought by Swiss National Bank|
www.americanbankingnews.com - March 5 at 3:58 PM
|Short Interest in International Bancshares Corp (IBOC) Drops By 35.0%|
www.americanbankingnews.com - March 4 at 2:56 AM
|Citadel Advisors LLC Sells 28,397 Shares of International Bancshares Corp (IBOC)|
www.americanbankingnews.com - March 2 at 5:42 AM
|International Bancshares (IBOC) Posts Earnings Results|
www.americanbankingnews.com - March 1 at 11:18 AM
|IBC Bank profits rebound to 2014 levels amid tax reform|
finance.yahoo.com - March 1 at 10:12 AM
|IBC Reports Exceptional 2017 Earnings|
finance.yahoo.com - February 28 at 4:02 PM
|International Bancshares (IBOC) Set to Announce Quarterly Earnings on Monday|
www.americanbankingnews.com - February 19 at 4:30 AM
|International Bancshares (IBOC) Rating Lowered to Sell at BidaskClub|
www.americanbankingnews.com - February 17 at 11:00 PM
|International Bancshares Corporation Ranked among Best Banks in America by Forbes Magazine|
finance.yahoo.com - January 23 at 9:09 AM
|International Bancshares (IBOC) Rating Increased to Hold at BidaskClub|
www.americanbankingnews.com - January 14 at 11:50 PM
|International Bancshares (IBOC) Cut to "Sell" at BidaskClub|
www.americanbankingnews.com - January 6 at 11:08 AM
|IBC Bank's executive suite reshuffled amid retirements, promotions|
finance.yahoo.com - December 29 at 3:59 PM
|BidaskClub Upgrades International Bancshares (IBOC) to Hold|
www.americanbankingnews.com - December 22 at 8:18 PM
|International Bancshares Corp. breached its 50 day moving average in a Bullish Manner : IBOC-US : December 22, 2017|
finance.yahoo.com - December 22 at 11:10 AM
|ETFs with exposure to International Bancshares Corp. : December 18, 2017|
finance.yahoo.com - December 18 at 4:00 PM
|BidaskClub Lowers International Bancshares (IBOC) to Sell|
www.americanbankingnews.com - December 16 at 8:38 AM
|International Bancshares Corp. :IBOC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 15, 2017|
finance.yahoo.com - December 15 at 11:27 AM
|International Bancshares (IBOC) & Hanmi Financial (HAFC) Financial Comparison|
www.americanbankingnews.com - December 12 at 6:00 AM
|International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : December 7, 2017|
finance.yahoo.com - December 7 at 11:28 AM
|International Bancshares (IBOC) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - December 2 at 1:26 PM
|Critical Survey: Camden National (CAC) versus International Bancshares (IBOC)|
www.americanbankingnews.com - November 30 at 11:18 AM
|Insider Selling: International Bancshares Corporation (IBOC) Director Sells 300,000 Shares of Stock|
www.americanbankingnews.com - November 21 at 7:45 PM
|Antonio R. Sanchez, Jr. Sells 134,900 Shares of International Bancshares Corporation (IBOC) Stock|
www.americanbankingnews.com - November 21 at 7:45 PM
|International Bancshares Corporation (IBOC) Short Interest Down 36.1% in October|
www.americanbankingnews.com - November 14 at 4:30 AM
|Short Interest Moves 36% Lower For IBOC|
www.thestreet.com - November 11 at 10:46 AM
|International Bancshares Corp. – Value Analysis (NASDAQ:IBOC) : November 10, 2017|
finance.yahoo.com - November 11 at 10:46 AM
|International Bancshares Corporation (IBOC) Releases Quarterly Earnings Results|
www.americanbankingnews.com - November 9 at 8:59 PM
|IBC Reports Strong Third Quarter 2017 Earnings|
finance.yahoo.com - November 8 at 4:32 PM
|International Bancshares Corporation (IBOC) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - November 1 at 8:08 PM
|IBC Bank chooses San Antonio as test market for solar power|
www.bizjournals.com - October 23 at 7:19 PM
|Comparing International Bancshares Corporation (IBOC) & Its Rivals|
www.americanbankingnews.com - October 17 at 2:08 PM
|International Bancshares Corp. : IBOC-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017|
finance.yahoo.com - October 13 at 12:44 AM
|ETFs with exposure to International Bancshares Corp. : October 3, 2017|
finance.yahoo.com - October 4 at 4:18 PM
|International Bancshares Corp. :IBOC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017|
finance.yahoo.com - September 22 at 2:15 PM
|ETFs with exposure to International Bancshares Corp. : September 22, 2017|
finance.yahoo.com - September 22 at 2:15 PM
|Head to Head Analysis: International Bancshares Corporation (IBOC) versus Its Rivals|
www.americanbankingnews.com - September 22 at 9:02 AM
|International Bancshares Corporation (IBOC) Declares $0.33 Semiannual Dividend|
www.americanbankingnews.com - September 19 at 6:22 PM
|International Bancshares Corporation Announces Cash Dividend|
finance.yahoo.com - September 18 at 7:13 PM
|International Bancshares Corporation (IBOC) VP R David Guerra Sells 2,500 Shares|
www.americanbankingnews.com - September 18 at 4:16 PM
|International Bancshares Corporation (IBOC) Sees Large Increase in Short Interest|
www.americanbankingnews.com - September 16 at 1:44 AM
|International Bancshares Corp. breached its 50 day moving average in a Bullish Manner : IBOC-US : September 13, 2017|
finance.yahoo.com - September 14 at 6:16 AM
|Area financial institutions brace for Hurricane Harvey|
finance.yahoo.com - August 26 at 6:04 AM
|Insider Selling: International Bancshares Corporation (IBOC) Director Sells 15,000 Shares of Stock|
www.americanbankingnews.com - August 16 at 8:28 PM
|International Bancshares Corporation (IBOC) Director Sells $724,800.00 in Stock|
www.americanbankingnews.com - August 16 at 7:58 PM
|Insider Selling: International Bancshares Corporation (IBOC) Director Sells 50,000 Shares of Stock|
www.americanbankingnews.com - August 16 at 7:58 PM
|International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : August 14, 2017|
finance.yahoo.com - August 14 at 10:03 PM
International Bancshares (NASDAQ:IBOC) SEC Filings
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International Bancshares (NASDAQ:IBOC) Income Statement, Balance Sheet and Cash Flow Statement
International Bancshares (NASDAQ IBOC) Stock Chart for Saturday, March, 24, 2018