About International Bancshares Corporation (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
- Sub-Industry: Regional Banks
- Sector: Finance
- Symbol: NASDAQ:IBOC
- CUSIP: 45904410
- Web: www.ibc.com
- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 0.72%
- Quick Ratio: 0.72%
Sales & Book Value:
- Trailing P/E Ratio: 17.58
- Annual Sales: $549.62 million
- Price / Sales: 4.67
- Cash Flow: $2.81 per share
- Price / Cash: 13.84
- Book Value: $26.15 per share
- Price / Book: 1.49
- Annual Dividend: $0.66
- Dividend Yield: 1.7%
- Trailing EPS: $2.21
- Net Income: $133.93 million
- Net Margins: 26.36%
- Return on Equity: 8.34%
- Return on Assets: 1.23%
- Employees: 3,216
- Outstanding Shares: 66,070,000
Frequently Asked Questions for International Bancshares Corporation (NASDAQ:IBOC)
What is International Bancshares Corporation's stock symbol?
International Bancshares Corporation trades on the NASDAQ under the ticker symbol "IBOC."
How often does International Bancshares Corporation pay dividends? What is the dividend yield for International Bancshares Corporation?
International Bancshares Corporation announced a semiannual dividend on Tuesday, September 19th. Stockholders of record on Friday, September 29th will be given a dividend of $0.33 per share on Monday, October 16th. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, September 28th. View International Bancshares Corporation's Dividend History.
How will International Bancshares Corporation's stock buyback program work?
International Bancshares Corporation announced that its board has approved a stock buyback plan on Monday, April 24th 2017, which authorizes the company to buyback $40,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.
How were International Bancshares Corporation's earnings last quarter?
International Bancshares Corporation (NASDAQ:IBOC) issued its earnings results on Wednesday, November, 8th. The bank reported $0.59 earnings per share (EPS) for the quarter. International Bancshares Corporation had a return on equity of 8.34% and a net margin of 26.36%. View International Bancshares Corporation's Earnings History.
When will International Bancshares Corporation make its next earnings announcement?
Are investors shorting International Bancshares Corporation?
International Bancshares Corporation saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 512,240 shares, a drop of 36.1% from the October 13th total of 801,847 shares. Based on an average daily trading volume, of 290,099 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.9% of the shares of the stock are sold short.
Who are some of International Bancshares Corporation's key competitors?
Some companies that are related to International Bancshares Corporation include City National Corp (CYN), Webster Financial Corporation (WBS), First Citizens BancShares (FCNCA), Ita? CorpBanca (ITCB), Umpqua Holdings Corporation (UMPQ), Wintrust Financial Corporation (WTFC), First Horizon National Corporation (FHN), TFS Financial Corporation (TFSL), BBVA Banco Frances S.A. (BFR), United Bankshares (UBSI), First Niagara Financial Group (FNFG), Popular (BPOP), TCF Financial Corporation (TCF), Metro Bank PLC (MTRO), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), Washington Federal (WAFD) and Glacier Bancorp (GBCI).
Who are International Bancshares Corporation's key executives?
International Bancshares Corporation's 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)
Who owns International Bancshares Corporation stock?
International Bancshares Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.86%), Victory Capital Management Inc. (1.43%), Prudential Financial Inc. (1.38%), Bank of New York Mellon Corp (1.13%), Russell Investments Group Ltd. (1.03%) and Schwab Charles Investment Management Inc. (0.81%). Company insiders that own International Bancshares Corporation stock include Anda Javier De, Antonio R Sanchez Jr, Antonio R Sanchez, Jr and R David Guerra. View Institutional Ownership Trends for International Bancshares Corporation.
Who sold International Bancshares Corporation stock? Who is selling International Bancshares Corporation stock?
International Bancshares Corporation's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., First Trust Advisors LP, JPMorgan Chase & Co., Oak Associates Ltd. OH, Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Victory Capital Management Inc. and Principal Financial Group Inc.. Company insiders that have sold International Bancshares Corporation company stock in the last year include Antonio R Sanchez Jr and R David Guerra. View Insider Buying and Selling for International Bancshares Corporation.
Who bought International Bancshares Corporation stock? Who is buying International Bancshares Corporation stock?
International Bancshares Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., BNP Paribas Arbitrage SA, American Century Companies Inc., Dimensional Fund Advisors LP, Foundry Partners LLC, Russell Investments Group Ltd., Jane Street Group LLC and LMR Partners LLP. View Insider Buying and Selling for International Bancshares Corporation.
How do I buy International Bancshares Corporation stock?
Shares of International Bancshares Corporation 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 Corporation's stock price today?
One share of International Bancshares Corporation stock can currently be purchased for approximately $38.85.
How big of a company is International Bancshares Corporation?
International Bancshares Corporation has a market capitalization of $2.567 billion and generates $549.62 million in revenue each year. The bank earns $133.93 million in net income (profit) each year or $2.21 on an earnings per share basis. International Bancshares Corporation employs 3,216 workers across the globe.
How can I contact International Bancshares Corporation?
International Bancshares Corporation's 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 Corporation (NASDAQ IBOC)MarketBeat's community ratings are surveys of what our community members think about International Bancshares 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.
Analysts' Consensus Rating for International Bancshares Corporation (NASDAQ:IBOC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for International Bancshares Corporation (NASDAQ:IBOC)
Analysts' Ratings History for International Bancshares Corporation (NASDAQ:IBOC)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for International Bancshares Corporation (NASDAQ:IBOC)
Earnings History by Quarter for International Bancshares Corporation (NASDAQ IBOC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018|| || || || || || || || |
|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|
Earnings Estimates for International Bancshares Corporation (NASDAQ:IBOC)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for International Bancshares Corporation (NASDAQ:IBOC)
|Most Recent Dividend:||10/16/2017|
|Payout Ratio:||29.86% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for International Bancshares Corporation (NASDAQ IBOC)
(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 International Bancshares Corporation (NASDAQ IBOC)
Insider Ownership Percentage: 17.93%
Institutional Ownership Percentage: 55.48%
Insider Trades by Quarter for International Bancshares Corporation (NASDAQ IBOC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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|| |
|8/15/2017||Antonio R Sanchez Jr||Director||Sell||20,000||$36.24||$724,800.00|| |
|8/14/2017||Antonio R Sanchez Jr||Director||Sell||15,000||$36.52||$547,800.00|| |
|6/15/2017||R David Guerra||VP||Sell||1,875||$36.04||$67,575.00|| |
|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|| |
Latest Headlines for International Bancshares Corporation (NASDAQ IBOC)
|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
|See what the IHS Markit Score report has to say about International Bancshares Corp.|
finance.yahoo.com - August 12 at 6:45 PM
|IBC Bank's profits rebound in second quarter|
finance.yahoo.com - August 11 at 3:21 AM
|International Bancshares Corporation (IBOC) Issues Earnings Results|
www.americanbankingnews.com - August 8 at 1:36 PM
|International Bancshares Corp. – Value Analysis (NASDAQ:IBOC) : July 31, 2017|
finance.yahoo.com - July 31 at 7:10 PM
|International Bancshares Breaks Above 200-Day Moving Average - Bullish for IBOC|
www.nasdaq.com - July 25 at 8:02 PM
|International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : July 17, 2017|
finance.yahoo.com - July 17 at 3:41 PM
|International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : July 3, 2017|
finance.yahoo.com - July 3 at 7:11 PM
|IBC Bank execs takes leadership role in NAFTA renegotiation|
www.bizjournals.com - June 8 at 6:46 PM
|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 posts 1Q profit|
marketbeat.com - May 8 at 4:53 PM
|International Bancshares (IBOC) Extends Stock Repurchase Program|
www.streetinsider.com - April 21 at 5:45 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 Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
us.rd.yahoo.com - March 21 at 9:14 AM
|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
|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
|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 (NASDAQ IBOC) Chart for Monday, November, 20, 2017