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: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:IBOC
- CUSIP: 45904410
- Web: www.ibc.com
Capitalization:- Market Cap: $2.53 billion
- Outstanding Shares: 66,060,000
Average Prices:- 50 Day Moving Avg: $35.87
- 200 Day Moving Avg: $35.57
- 52 Week Range: $28.47 - $42.25
P/E:- Trailing P/E Ratio: 17.73
- Foreward P/E Ratio: 23.79
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $503.33 million
- Price / Sales: 5.03
- Book Value: $27.20 per share
- Price / Book: 1.41
Dividend:- Annual Dividend: $0.66
- Dividend Yield: 1.7%
Profitability:- Net Margins: 26.21%
- Return on Equity: 8.20%
- Return on Assets: 1.21%
Debt:- Debt-to-Equity Ratio: 0.58%
- Current Ratio: 0.72%
- Quick Ratio: 0.72%
Misc:- Average Volume: 158,456 shs.
- Beta: 1.53
- Short Ratio: 4.54
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 declared a semiannual dividend on Tuesday, September 19th. Shareholders of record on Friday, September 29th will be given a dividend of $0.33 per share on Monday, October 16th. This represents a yield of 1.74%. The ex-dividend date is Thursday, September 28th. View International Bancshares Corporation's Dividend History.
How will International Bancshares Corporation's stock buyback program work?
International Bancshares Corporation declared that its Board of Directors has authorized a share buyback plan on Monday, April 24th 2017, which allows the company to repurchase $40,000,000.00 in outstanding 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 board of directors believes its stock is undervalued.
How were International Bancshares Corporation's earnings last quarter?
International Bancshares Corporation (NASDAQ:IBOC) released its quarterly earnings data on Monday, August, 7th. The company reported $0.61 EPS for the quarter. International Bancshares Corporation had a return on equity of 8.20% and a net margin of 26.21%. 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 increase in short interest in the month of August. As of August 31st, there was short interest totalling 964,887 shares, an increase of 32.7% from the August 15th total of 726,958 shares. Based on an average trading volume of 111,867 shares, the days-to-cover ratio is currently 8.6 days. Approximately 1.8% of the shares of the company are short sold.
Who are some of International Bancshares Corporation's key competitors?
Some companies that are related to International Bancshares Corporation include City National Corp (CYN), Ita? CorpBanca (ITCB), Webster Financial Corporation (WBS), TFS Financial Corporation (TFSL), First Citizens BancShares (FCNCA), First Horizon National Corporation (FHN), Umpqua Holdings Corporation (UMPQ), Wintrust Financial Corporation (WTFC), Popular (BPOP), United Bankshares (UBSI), BBVA Banco Frances S.A. (BFR), Valley National Bancorp (VLY), Washington Federal (WAFD), TCF Financial (TCF), TCF Financial Corporation (TCF), BancorpSouth (BXS), Glacier Bancorp (GBCI) and Metro Bank PLC (MTRO).
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,
- Imelda Navarro, Chief Financial Officer, Treasurer, Director and Senior Executive Vice President of International Bank of Commerce
- R. David Guerra, Vice President - President of IBC McAllen Branch and Director
- Antonio R. Sanchez Jr., Director
- Javier De Anda, Independent Director
- Irving Greenblum, Independent Director
- Douglas B. Howland Jr., Independent Director
- Peggy J. Newman, Independent Director
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 BlackRock Inc. (9.11%), Vanguard Group Inc. (7.16%), Dimensional Fund Advisors LP (6.80%), State Street Corp (3.36%), Northern Trust Corp (2.96%) and Victory Capital Management Inc. (1.46%). Company insiders that own International Bancshares Corporation stock include Anda Javier De, Antonio R Sanchez Jr, Antonio R Sanchez, Jr, Imelda Navarro 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 Arrowstreet Capital Limited Partnership, LSV Asset Management, BlackRock Inc., JPMorgan Chase & Co., First Trust Advisors LP, AXA, Victory Capital Management Inc. and California Public Employees Retirement System. Company insiders that have sold International Bancshares Corporation 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 bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Context BH Capital Management LP, Prudential Financial Inc., State Street Corp, Goldman Sachs Group Inc., American Century Companies Inc., Foundry Partners LLC and Northern Trust Corp. 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 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 $38.30.
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.
Consensus Ratings for International Bancshares Corporation (NASDAQ:IBOC) (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: | 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 Corporation (NASDAQ:IBOC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for International Bancshares Corporation (NASDAQ:IBOC)Earnings History by Quarter for International Bancshares Corporation (NASDAQ IBOC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | | | | | | | |
| 8/7/2017 | Q2 2017 | | $0.61 | | | 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 | |
| 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 Corporation (NASDAQ:IBOC)Current Year EPS Consensus Estimate: $1.59 EPS
Next Year EPS Consensus Estimate: $1.61 EPS
Current Dividend Information for International Bancshares Corporation (NASDAQ:IBOC)| Next Dividend: | 10/16/2017 |
| Annual Dividend: | $0.66 |
| Dividend Yield: | 1.72% |
| Payout Ratio: | 9.03% (Trailing 12 Months of Earnings)
41.51% (Based on This Year's Estimates)
40.99% (Based on Next Year's Estimates)
|
Dividend History by Quarter for International Bancshares Corporation (NASDAQ IBOC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 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)
Insider Trading and Institutional Ownership History for International Bancshares Corporation (NASDAQ:IBOC)Insider Ownership Percentage: 17.93%
Institutional Ownership Percentage: 55.59%
Insider Trades by Quarter for International Bancshares Corporation (NASDAQ:IBOC)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for International Bancshares Corporation (NASDAQ:IBOC)
Latest Headlines for International Bancshares Corporation (NASDAQ:IBOC)
| Source: |
|
| Date | Headline |
|---|
 | 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 Corporation (NASDAQ:IBOC) Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 17 at 12:02 AM |
| 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 |
| International Bancshares Corporation (IBOC) Upgraded at BidaskClub
www.americanbankingnews.com - June 30 at 10:23 PM |
| International Bancshares Corp. breached its 50 day moving average in a Bearish Manner : IBOC-US : June 21, 2017
finance.yahoo.com - June 21 at 3:29 PM |
| International Bancshares Corporation (IBOC) Downgraded by BidaskClub to "Sell"
www.americanbankingnews.com - June 16 at 9:58 PM |
| International Bancshares Corporation (IBOC) VP Sells $67,575.00 in Stock
www.americanbankingnews.com - June 16 at 1:26 PM |
| International Bancshares Corp (IBOC) Raised to Hold at BidaskClub
www.americanbankingnews.com - June 10 at 7:58 PM |
| International Bancshares Corp. breached its 50 day moving average in a Bullish Manner : IBOC-US : June 9, 2017
finance.yahoo.com - June 9 at 9:45 AM |
 | IBC Bank execs takes leadership role in NAFTA renegotiation
www.bizjournals.com - June 8 at 6:46 PM |
| ETFs with exposure to International Bancshares Corp. : June 6, 2017
finance.yahoo.com - June 6 at 6:20 PM |
| International Bancshares Corp. :IBOC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 5, 2017
finance.yahoo.com - June 5 at 5:51 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 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 Corporation (IBOC) Chart for Wednesday, September, 20, 2017
