International Bancshares - IBOC Stock Forecast, Price & News

International Bancshares' stock was trading at $45.76 at the start of the year. Since then, IBOC shares have decreased by 6.4% and is now trading at $42.82.
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International Bancshares saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,420,000 shares, an increase of 75.2% from the February 28th total of 810,600 shares. Based on an average trading volume of 277,100 shares, the days-to-cover ratio is currently 5.1 days. Currently, 2.7% of the company's stock are short sold.
View International Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our IBOC earnings forecast.

International Bancshares Co. (NASDAQ:IBOC) posted its quarterly earnings data on Thursday, May, 7th. The bank reported $0.53 earnings per share (EPS) for the quarter. International Bancshares had a trailing twelve-month return on equity of 14.57% and a net margin of 42.12%.

International Bancshares declared a Semi-Annual dividend on Wednesday, February 1st. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.63 per share on Tuesday, February 28th. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 14th. This is an increase from the stock's previous Semi-Annual dividend of $0.60.
Read our dividend analysis for IBOC.

ETFs with the largest weight of International Bancshares (NASDAQ:IBOC) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell 2000 Dividend Growers ETF (SMDV), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), First Trust Active Factor Mid Cap ETF (AFMC) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM).

International Bancshares (NASDAQ:IBOC) pays an annual dividend of $1.26 per share and currently has a dividend yield of 2.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IBOC.

210 employees have rated International Bancshares Chief Executive Officer Dennis E. Nixon on Glassdoor.com. Dennis E. Nixon has an approval rating of 25% among the company's employees. This puts Dennis E. Nixon in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other International Bancshares investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Dominion Energy (D), Walt Disney (DIS), People's United Financial (PBCT), Pfizer (PFE), Consolidated Edison (ED), Eastman Chemical (EMN) and Enterprise Products Partners (EPD).

International Bancshares trades on the NASDAQ under the ticker symbol "IBOC."

International Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.06%), Charles Schwab Investment Management Inc. (2.40%), Polaris Capital Management LLC (1.87%), Geode Capital Management LLC (1.67%), Norges Bank (0.88%) and Tamar Securities LLC (0.87%).
View institutional ownership trends.

Shares of IBOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IBOC stock can currently be purchased for approximately $42.82.

International Bancshares (NASDAQ:IBOC) has a market capitalization of $2.66 billion and generates $712.91 million in revenue each year. The bank earns $300.23 million in net income (profit) each year or $4.79 on an earnings per share basis.

The company employs 2,169 workers across the globe.

International Bancshares' mailing address is 12OO SAN BERNARDO AVE, LAREDO TX, 78042. The official website for the company is www.ibc.com. The bank can be reached via phone at (956) 722-7611 or via fax at 956-726-6637.