Annual Income Statements for International Bancshares
This table shows International Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for International Bancshares
This table shows International Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Consolidated Net Income / (Loss) |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Net Income / (Loss) Continuing Operations |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Total Pre-Tax Income |
|
106 |
135 |
129 |
128 |
131 |
136 |
123 |
125 |
127 |
134 |
121 |
Total Revenue |
|
190 |
205 |
206 |
204 |
213 |
211 |
206 |
208 |
212 |
208 |
198 |
Net Interest Income / (Expense) |
|
135 |
159 |
165 |
166 |
167 |
165 |
164 |
164 |
168 |
161 |
161 |
Total Interest Income |
|
145 |
175 |
188 |
198 |
204 |
210 |
212 |
216 |
223 |
216 |
215 |
Loans and Leases Interest Income |
|
105 |
128 |
142 |
153 |
159 |
166 |
168 |
168 |
176 |
169 |
170 |
Investment Securities Interest Income |
|
21 |
25 |
31 |
34 |
36 |
37 |
38 |
39 |
42 |
42 |
42 |
Other Interest Income |
|
19 |
21 |
14 |
11 |
9.48 |
6.25 |
5.95 |
8.63 |
5.49 |
5.00 |
2.02 |
Total Interest Expense |
|
9.87 |
15 |
23 |
32 |
37 |
45 |
48 |
51 |
55 |
55 |
53 |
Deposits Interest Expense |
|
5.85 |
11 |
19 |
26 |
31 |
38 |
41 |
44 |
46 |
47 |
46 |
Long-Term Debt Interest Expense |
|
3.35 |
3.00 |
2.30 |
1.90 |
1.98 |
1.95 |
2.05 |
1.97 |
1.99 |
1.75 |
3.17 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
0.67 |
1.41 |
2.14 |
3.30 |
4.14 |
5.18 |
5.24 |
5.32 |
6.17 |
5.61 |
4.30 |
Total Non-Interest Income |
|
55 |
46 |
40 |
38 |
45 |
46 |
42 |
44 |
44 |
47 |
37 |
Other Service Charges |
|
55 |
-91 |
40 |
2.58 |
9.39 |
-24 |
42 |
7.82 |
8.04 |
-24 |
37 |
Provision for Credit Losses |
|
8.53 |
7.91 |
8.59 |
8.82 |
10 |
6.70 |
13 |
8.77 |
8.60 |
1.45 |
3.33 |
Total Non-Interest Expense |
|
75 |
62 |
68 |
68 |
71 |
69 |
70 |
74 |
76 |
73 |
74 |
Salaries and Employee Benefits |
|
34 |
31 |
33 |
33 |
35 |
34 |
36 |
36 |
38 |
37 |
39 |
Net Occupancy & Equipment Expense |
|
12 |
8.01 |
11 |
11 |
11 |
12 |
11 |
12 |
13 |
12 |
12 |
Marketing Expense |
|
1.48 |
0.22 |
1.26 |
1.29 |
1.36 |
1.10 |
1.82 |
1.46 |
1.40 |
1.61 |
1.72 |
Property & Liability Insurance Claims |
|
2.03 |
1.93 |
4.14 |
1.69 |
1.74 |
-1.29 |
1.70 |
1.70 |
1.73 |
1.74 |
1.77 |
Other Operating Expenses |
|
20 |
16 |
13 |
15 |
16 |
17 |
14 |
17 |
17 |
15 |
14 |
Depreciation Expense |
|
5.43 |
5.47 |
5.47 |
5.41 |
5.49 |
5.58 |
5.63 |
5.72 |
5.59 |
5.59 |
5.61 |
Income Tax Expense |
|
23 |
29 |
27 |
27 |
28 |
29 |
26 |
28 |
27 |
19 |
24 |
Basic Earnings per Share |
|
$1.34 |
$1.69 |
$1.64 |
$1.62 |
$1.66 |
$1.71 |
$1.57 |
$1.56 |
$1.60 |
$1.85 |
$1.56 |
Weighted Average Basic Shares Outstanding |
|
62.23M |
62.66M |
62.14M |
62.07M |
62.05M |
62.08M |
62.15M |
62.18M |
62.19M |
62.18M |
62.21M |
Diluted Earnings per Share |
|
$1.34 |
$1.68 |
$1.63 |
$1.62 |
$1.66 |
$1.71 |
$1.56 |
$1.56 |
$1.60 |
$1.85 |
$1.56 |
Weighted Average Diluted Shares Outstanding |
|
62.37M |
62.81M |
62.28M |
62.21M |
62.20M |
62.22M |
62.27M |
62.29M |
62.31M |
62.30M |
62.30M |
Weighted Average Basic & Diluted Shares Outstanding |
|
- |
62.14M |
62.11M |
62.05M |
62.06M |
62.17M |
62.18M |
62.19M |
62.20M |
62.22M |
62.14M |
Cash Dividends to Common per Share |
|
$0.60 |
- |
$0.63 |
- |
$0.63 |
- |
$0.66 |
- |
$0.66 |
- |
$0.70 |
Annual Cash Flow Statements for International Bancshares
This table details how cash moves in and out of International Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
18 |
-3.86 |
-3.84 |
51 |
-60 |
1,740 |
1,212 |
-1,122 |
-1,437 |
-298 |
Net Cash From Operating Activities |
|
204 |
203 |
197 |
230 |
312 |
305 |
292 |
388 |
474 |
474 |
Net Cash From Continuing Operating Activities |
|
204 |
203 |
197 |
230 |
312 |
305 |
292 |
388 |
474 |
474 |
Net Income / (Loss) Continuing Operations |
|
137 |
134 |
157 |
216 |
205 |
167 |
254 |
300 |
412 |
409 |
Consolidated Net Income / (Loss) |
|
137 |
134 |
157 |
216 |
205 |
167 |
254 |
300 |
412 |
409 |
Provision For Loan Losses |
|
24 |
20 |
11 |
6.11 |
19 |
45 |
7.96 |
22 |
35 |
32 |
Depreciation Expense |
|
25 |
25 |
25 |
26 |
28 |
28 |
25 |
22 |
22 |
23 |
Amortization Expense |
|
29 |
27 |
24 |
20 |
21 |
39 |
36 |
14 |
6.90 |
5.55 |
Non-Cash Adjustments to Reconcile Net Income |
|
-7.42 |
-1.50 |
-3.38 |
-14 |
-1.58 |
-2.30 |
-59 |
-9.47 |
15 |
-21 |
Changes in Operating Assets and Liabilities, net |
|
-3.71 |
-0.81 |
-18 |
-24 |
40 |
27 |
27 |
40 |
-16 |
26 |
Net Cash From Investing Activities |
|
373 |
-138 |
-404 |
379 |
-318 |
-344 |
-916 |
-992 |
-1,067 |
-985 |
Net Cash From Continuing Investing Activities |
|
373 |
-138 |
-404 |
379 |
-318 |
-344 |
-916 |
-992 |
-1,067 |
-985 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-20 |
-39 |
-14 |
-21 |
-30 |
-6.73 |
-10 |
-19 |
-27 |
-14 |
Purchase of Investment Securities |
|
-667 |
-1,413 |
-1,602 |
-349 |
-1,322 |
-2,511 |
-2,608 |
-1,763 |
-1,743 |
-1,845 |
Sale of Property, Leasehold Improvements and Equipment |
|
4.52 |
3.70 |
2.20 |
4.53 |
1.86 |
0.90 |
11 |
13 |
0.27 |
0.87 |
Sale and/or Maturity of Investments |
|
1,055 |
1,311 |
1,211 |
745 |
1,031 |
2,174 |
1,691 |
777 |
703 |
873 |
Net Cash From Financing Activities |
|
-559 |
-69 |
203 |
-558 |
-53 |
1,779 |
1,836 |
-517 |
-844 |
213 |
Net Cash From Continuing Financing Activities |
|
-559 |
-69 |
203 |
-558 |
-53 |
1,779 |
1,836 |
-517 |
-844 |
213 |
Net Change in Deposits |
|
98 |
74 |
-65 |
152 |
129 |
1,896 |
1,896 |
42 |
-835 |
287 |
Issuance of Debt |
|
- |
228 |
462 |
- |
- |
- |
- |
-425 |
-0.20 |
-0.20 |
Issuance of Common Equity |
|
1.37 |
0.55 |
1.46 |
1.52 |
1.92 |
0.54 |
2.41 |
1.54 |
1.17 |
3.76 |
Repayment of Debt |
|
-582 |
-1.00 |
- |
-490 |
-105 |
-190 |
-0.19 |
0.00 |
-26 |
0.00 |
Repurchase of Common Equity |
|
-6.68 |
-7.97 |
-0.19 |
-48 |
-18 |
-49 |
-0.72 |
-52 |
-4.61 |
-0.96 |
Payment of Dividends |
|
-39 |
-40 |
-44 |
-50 |
-69 |
-70 |
-73 |
-75 |
-78 |
-82 |
Other Financing Activities, Net |
|
-31 |
-323 |
-151 |
-124 |
6.55 |
192 |
12 |
-8.48 |
99 |
4.91 |
Cash Interest Paid |
|
45 |
44 |
39 |
51 |
57 |
42 |
29 |
36 |
118 |
202 |
Cash Income Taxes Paid |
|
65 |
50 |
67 |
41 |
44 |
35 |
47 |
22 |
70 |
51 |
Quarterly Cash Flow Statements for International Bancshares
This table details how cash moves in and out of International Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-173 |
-1,156 |
-893 |
-170 |
-327 |
-48 |
258 |
-117 |
-12 |
-427 |
237 |
Net Cash From Operating Activities |
|
121 |
99 |
143 |
85 |
114 |
133 |
135 |
107 |
116 |
115 |
140 |
Net Cash From Continuing Operating Activities |
|
121 |
99 |
143 |
86 |
114 |
132 |
135 |
107 |
120 |
112 |
140 |
Net Income / (Loss) Continuing Operations |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Consolidated Net Income / (Loss) |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Provision For Loan Losses |
|
8.53 |
7.91 |
8.59 |
8.82 |
10 |
6.70 |
13 |
8.77 |
8.60 |
1.45 |
3.33 |
Depreciation Expense |
|
5.43 |
5.47 |
5.47 |
5.41 |
5.49 |
5.58 |
5.63 |
5.72 |
5.59 |
5.59 |
5.61 |
Amortization Expense |
|
2.84 |
2.29 |
1.82 |
1.69 |
1.74 |
1.66 |
1.43 |
1.35 |
1.41 |
1.37 |
1.17 |
Non-Cash Adjustments to Reconcile Net Income |
|
-7.66 |
7.10 |
-5.29 |
2.12 |
2.60 |
16 |
4.74 |
0.78 |
0.63 |
-27 |
0.61 |
Changes in Operating Assets and Liabilities, net |
|
29 |
-29 |
30 |
-33 |
-9.82 |
-3.95 |
13 |
-6.40 |
3.67 |
16 |
33 |
Net Cash From Investing Activities |
|
-177 |
-535 |
-568 |
61 |
-445 |
-115 |
-84 |
-267 |
-252 |
-382 |
-275 |
Net Cash From Continuing Investing Activities |
|
-177 |
-535 |
-568 |
61 |
-445 |
-115 |
-84 |
-267 |
-252 |
-382 |
-275 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-4.23 |
-6.42 |
-4.29 |
-5.60 |
-9.19 |
-8.42 |
-6.54 |
-2.34 |
-6.91 |
1.65 |
-7.38 |
Purchase of Investment Securities |
|
-193 |
-683 |
-708 |
-149 |
-622 |
-266 |
-237 |
-460 |
-509 |
-639 |
-473 |
Sale of Property, Leasehold Improvements and Equipment |
|
2.38 |
0.97 |
0.00 |
0.15 |
0.12 |
- |
0.00 |
0.57 |
0.01 |
0.29 |
0.01 |
Sale and/or Maturity of Investments |
|
18 |
154 |
144 |
215 |
185 |
159 |
160 |
195 |
263 |
255 |
205 |
Net Cash From Financing Activities |
|
-117 |
-721 |
-467 |
-316 |
4.88 |
-66 |
206 |
43 |
123 |
-160 |
372 |
Net Cash From Continuing Financing Activities |
|
-117 |
-721 |
-467 |
-316 |
4.88 |
-66 |
206 |
43 |
123 |
-160 |
372 |
Net Change in Deposits |
|
-63 |
-221 |
-379 |
-345 |
-19 |
-92 |
191 |
16 |
69 |
11 |
340 |
Issuance of Debt |
|
- |
-425 |
-0.05 |
-0.05 |
-0.05 |
-0.05 |
- |
- |
- |
-0.05 |
20 |
Issuance of Common Equity |
|
0.35 |
0.81 |
0.09 |
0.21 |
0.36 |
0.51 |
2.29 |
0.36 |
0.65 |
0.46 |
0.34 |
Repurchase of Common Equity |
|
-11 |
-0.11 |
-1.04 |
-3.37 |
-0.08 |
-0.12 |
-0.50 |
- |
-0.25 |
-0.22 |
0.00 |
Payment of Dividends |
|
-37 |
- |
-39 |
- |
-39 |
- |
-41 |
- |
-41 |
- |
-44 |
Other Financing Activities, Net |
|
-6.23 |
-76 |
-48 |
58 |
62 |
26 |
55 |
27 |
95 |
-171 |
55 |
Cash Interest Paid |
|
8.90 |
15 |
20 |
26 |
32 |
40 |
48 |
48 |
53 |
53 |
56 |
Annual Balance Sheets for International Bancshares
This table presents International Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
11,773 |
11,804 |
12,185 |
11,872 |
12,113 |
14,029 |
16,046 |
15,501 |
15,066 |
15,739 |
Cash and Due from Banks |
|
273 |
269 |
265 |
317 |
257 |
1,997 |
3,209 |
2,088 |
651 |
353 |
Trading Account Securities |
|
4,671 |
4,697 |
4,448 |
3,756 |
3,706 |
3,345 |
4,520 |
4,782 |
5,171 |
5,350 |
Loans and Leases, Net of Allowance |
|
5,884 |
5,900 |
6,280 |
6,500 |
-60 |
-109 |
-110 |
7,305 |
7,902 |
8,653 |
Loans and Leases |
|
5,951 |
5,965 |
6,348 |
6,561 |
- |
- |
- |
7,431 |
8,059 |
8,810 |
Allowance for Loan and Lease Losses |
|
67 |
65 |
68 |
61 |
60 |
109 |
110 |
126 |
157 |
157 |
Premises and Equipment, Net |
|
517 |
528 |
514 |
507 |
507 |
480 |
447 |
432 |
437 |
428 |
Goodwill |
|
283 |
283 |
283 |
283 |
283 |
283 |
283 |
283 |
283 |
283 |
Other Assets |
|
146 |
128 |
393 |
510 |
7,421 |
8,034 |
7,697 |
610 |
619 |
668 |
Total Liabilities & Shareholders' Equity |
|
11,773 |
11,804 |
12,185 |
11,872 |
12,113 |
14,029 |
16,046 |
15,501 |
15,066 |
15,739 |
Total Liabilities |
|
10,107 |
10,079 |
10,346 |
9,932 |
9,995 |
11,851 |
13,738 |
13,457 |
12,618 |
12,942 |
Non-Interest Bearing Deposits |
|
3,150 |
3,158 |
3,243 |
3,455 |
3,546 |
4,716 |
5,839 |
5,846 |
5,031 |
4,612 |
Interest Bearing Deposits |
|
5,387 |
5,452 |
5,302 |
5,242 |
5,280 |
6,006 |
6,779 |
6,814 |
6,794 |
7,500 |
Short-Term Debt |
|
828 |
505 |
354 |
230 |
237 |
428 |
440 |
431 |
530 |
535 |
Long-Term Debt |
|
667 |
894 |
1,356 |
866 |
761 |
571 |
571 |
146 |
120 |
119 |
Other Long-Term Liabilities |
|
76 |
71 |
91 |
140 |
171 |
130 |
109 |
220 |
144 |
176 |
Total Equity & Noncontrolling Interests |
|
1,666 |
1,725 |
1,839 |
1,940 |
2,118 |
2,178 |
2,308 |
2,045 |
2,448 |
2,797 |
Total Preferred & Common Equity |
|
1,666 |
1,725 |
1,839 |
1,940 |
2,118 |
2,178 |
2,308 |
2,045 |
2,448 |
2,797 |
Total Common Equity |
|
1,666 |
1,725 |
1,839 |
1,940 |
2,118 |
2,178 |
2,308 |
2,045 |
2,448 |
2,797 |
Common Stock |
|
264 |
265 |
268 |
241 |
244 |
246 |
248 |
250 |
252 |
256 |
Retained Earnings |
|
1,684 |
1,778 |
1,892 |
2,064 |
2,201 |
2,290 |
2,471 |
2,696 |
3,029 |
3,356 |
Treasury Stock |
|
-284 |
-292 |
-292 |
-311 |
-329 |
-378 |
-379 |
-431 |
-435 |
-436 |
Accumulated Other Comprehensive Income / (Loss) |
|
2.17 |
-27 |
-28 |
-55 |
2.35 |
21 |
-32 |
-470 |
-398 |
-379 |
Quarterly Balance Sheets for International Bancshares
This table presents International Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
15,135 |
14,855 |
14,908 |
15,361 |
15,492 |
15,892 |
16,270 |
Cash and Due from Banks |
|
1,195 |
1,025 |
699 |
909 |
792 |
780 |
589 |
Trading Account Securities |
|
5,231 |
363 |
5,066 |
5,126 |
5,217 |
5,344 |
367 |
Loans and Leases, Net of Allowance |
|
-134 |
7,433 |
7,748 |
7,970 |
8,119 |
8,431 |
8,922 |
Loans and Leases |
|
- |
7,573 |
7,897 |
8,112 |
8,268 |
8,587 |
9,080 |
Allowance for Loan and Lease Losses |
|
134 |
141 |
149 |
143 |
149 |
156 |
159 |
Premises and Equipment, Net |
|
430 |
431 |
434 |
438 |
434 |
436 |
430 |
Goodwill |
|
283 |
283 |
283 |
283 |
283 |
283 |
283 |
Other Assets |
|
8,130 |
5,320 |
675 |
631 |
642 |
615 |
5,680 |
Total Liabilities & Shareholders' Equity |
|
15,135 |
14,855 |
14,908 |
15,361 |
15,492 |
15,892 |
16,270 |
Total Liabilities |
|
12,979 |
12,663 |
12,714 |
12,877 |
12,914 |
13,143 |
13,375 |
Non-Interest Bearing Deposits |
|
5,549 |
5,261 |
5,216 |
4,985 |
4,852 |
4,722 |
4,782 |
Interest Bearing Deposits |
|
6,732 |
6,674 |
6,700 |
7,031 |
7,179 |
7,379 |
7,670 |
Short-Term Debt |
|
384 |
442 |
504 |
585 |
612 |
706 |
590 |
Long-Term Debt |
|
146 |
120 |
116 |
120 |
120 |
119 |
139 |
Other Long-Term Liabilities |
|
169 |
166 |
174 |
157 |
152 |
216 |
193 |
Total Equity & Noncontrolling Interests |
|
2,156 |
2,192 |
2,194 |
2,484 |
2,577 |
2,749 |
2,895 |
Total Preferred & Common Equity |
|
2,156 |
2,192 |
2,194 |
2,484 |
2,577 |
2,749 |
2,895 |
Total Common Equity |
|
2,156 |
2,192 |
2,194 |
2,484 |
2,577 |
2,749 |
2,895 |
Common Stock |
|
251 |
251 |
251 |
254 |
255 |
255 |
256 |
Retained Earnings |
|
2,758 |
2,859 |
2,923 |
3,085 |
3,182 |
3,241 |
3,410 |
Treasury Stock |
|
-432 |
-435 |
-435 |
-436 |
-436 |
-436 |
-436 |
Accumulated Other Comprehensive Income / (Loss) |
|
-420 |
-482 |
-545 |
-420 |
-424 |
-311 |
-334 |
Annual Metrics And Ratios for International Bancshares
This table displays calculated financial ratios and metrics derived from International Bancshares' official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-3.28% |
-0.33% |
3.97% |
9.80% |
1.80% |
-8.52% |
10.24% |
13.67% |
23.52% |
0.02% |
EBITDA Growth |
|
-7.97% |
-4.51% |
8.94% |
17.55% |
-3.07% |
-9.61% |
37.48% |
9.03% |
32.03% |
-2.82% |
EBIT Growth |
|
-10.04% |
-4.76% |
12.51% |
22.98% |
-4.63% |
-18.54% |
52.21% |
18.71% |
36.82% |
-2.83% |
NOPAT Growth |
|
-10.72% |
-2.04% |
17.55% |
37.15% |
-5.01% |
-18.42% |
51.76% |
18.24% |
37.15% |
-0.63% |
Net Income Growth |
|
-10.72% |
-2.04% |
17.55% |
37.15% |
-5.01% |
-18.42% |
51.76% |
18.24% |
37.15% |
-0.63% |
EPS Growth |
|
-10.09% |
-1.46% |
16.83% |
37.29% |
-3.70% |
-16.03% |
52.67% |
19.50% |
38.49% |
-0.76% |
Operating Cash Flow Growth |
|
5.50% |
-0.21% |
-3.15% |
16.78% |
35.55% |
-2.06% |
-4.41% |
33.00% |
22.29% |
-0.10% |
Free Cash Flow Firm Growth |
|
154.41% |
-74.28% |
-256.52% |
372.37% |
-82.84% |
-15.25% |
5.81% |
789.91% |
-106.47% |
186.10% |
Invested Capital Growth |
|
-14.31% |
-1.17% |
13.61% |
-14.45% |
2.64% |
1.97% |
4.46% |
-21.01% |
18.17% |
11.42% |
Revenue Q/Q Growth |
|
-1.26% |
1.39% |
0.89% |
2.39% |
-0.52% |
-2.50% |
0.73% |
0.00% |
0.70% |
-0.33% |
EBITDA Q/Q Growth |
|
-2.66% |
0.48% |
2.36% |
4.06% |
-1.63% |
0.72% |
0.59% |
0.00% |
0.06% |
-0.44% |
EBIT Q/Q Growth |
|
-3.55% |
0.23% |
3.68% |
5.21% |
-2.94% |
-1.56% |
2.94% |
0.00% |
0.16% |
-0.41% |
NOPAT Q/Q Growth |
|
-2.55% |
0.38% |
6.61% |
6.56% |
-3.21% |
-2.05% |
3.38% |
0.00% |
0.23% |
2.17% |
Net Income Q/Q Growth |
|
-2.55% |
0.38% |
6.61% |
6.56% |
-3.21% |
-2.05% |
3.38% |
0.00% |
0.23% |
2.17% |
EPS Q/Q Growth |
|
-2.38% |
0.50% |
6.79% |
6.58% |
-2.80% |
-0.76% |
3.09% |
0.00% |
0.46% |
2.18% |
Operating Cash Flow Q/Q Growth |
|
-8.81% |
12.67% |
-10.96% |
14.34% |
18.78% |
-3.20% |
-7.32% |
0.00% |
7.56% |
-3.64% |
Free Cash Flow Firm Q/Q Growth |
|
154.35% |
-46.32% |
-5,405.08% |
22.31% |
-57.10% |
237.84% |
155.08% |
-69.67% |
97.32% |
115.40% |
Invested Capital Q/Q Growth |
|
-8.49% |
-4.44% |
3.72% |
0.25% |
5.67% |
2.89% |
0.89% |
0.00% |
10.08% |
-3.46% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
51.26% |
49.11% |
51.46% |
55.09% |
52.46% |
51.84% |
64.65% |
62.00% |
66.27% |
64.39% |
EBIT Margin |
|
40.70% |
38.90% |
42.09% |
47.14% |
44.16% |
39.33% |
54.30% |
56.71% |
62.81% |
61.02% |
Profit (Net Income) Margin |
|
26.91% |
26.44% |
29.90% |
37.35% |
34.85% |
31.07% |
42.78% |
44.49% |
49.41% |
49.08% |
Tax Burden Percent |
|
66.10% |
67.98% |
71.03% |
79.22% |
78.90% |
79.01% |
78.78% |
78.46% |
78.65% |
80.43% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
33.90% |
32.02% |
28.97% |
20.78% |
21.10% |
20.99% |
21.22% |
21.54% |
21.35% |
19.57% |
Return on Invested Capital (ROIC) |
|
3.99% |
4.26% |
4.72% |
6.56% |
6.67% |
5.32% |
7.82% |
10.11% |
14.40% |
12.50% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.99% |
4.26% |
4.72% |
6.56% |
6.67% |
5.32% |
7.82% |
10.11% |
14.40% |
12.50% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.43% |
3.64% |
4.12% |
4.87% |
3.44% |
2.47% |
3.50% |
3.69% |
3.93% |
3.11% |
Return on Equity (ROE) |
|
8.42% |
7.90% |
8.84% |
11.43% |
10.11% |
7.79% |
11.32% |
13.79% |
18.33% |
15.60% |
Cash Return on Invested Capital (CROIC) |
|
19.41% |
5.44% |
-8.02% |
22.14% |
4.06% |
3.37% |
3.45% |
33.59% |
-2.26% |
1.70% |
Operating Return on Assets (OROA) |
|
1.73% |
1.67% |
1.85% |
2.27% |
2.17% |
1.62% |
2.14% |
2.43% |
3.43% |
3.30% |
Return on Assets (ROA) |
|
1.14% |
1.14% |
1.31% |
1.80% |
1.71% |
1.28% |
1.69% |
1.90% |
2.69% |
2.66% |
Return on Common Equity (ROCE) |
|
8.42% |
7.90% |
8.84% |
11.43% |
10.11% |
7.79% |
11.32% |
13.79% |
18.33% |
15.60% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.21% |
7.77% |
8.56% |
11.13% |
9.68% |
7.68% |
11.00% |
14.68% |
16.82% |
14.63% |
Net Operating Profit after Tax (NOPAT) |
|
137 |
134 |
157 |
216 |
205 |
167 |
254 |
300 |
412 |
409 |
NOPAT Margin |
|
26.91% |
26.44% |
29.90% |
37.35% |
34.85% |
31.07% |
42.78% |
44.49% |
49.41% |
49.08% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
33.84% |
35.17% |
35.74% |
33.35% |
34.35% |
33.14% |
28.89% |
25.67% |
22.24% |
24.03% |
Operating Expenses to Revenue |
|
54.49% |
57.18% |
55.78% |
51.80% |
52.63% |
52.25% |
44.36% |
40.08% |
33.04% |
35.16% |
Earnings before Interest and Taxes (EBIT) |
|
207 |
197 |
222 |
273 |
260 |
212 |
322 |
383 |
524 |
509 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
260 |
249 |
271 |
319 |
309 |
279 |
384 |
418 |
552 |
537 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.80 |
1.25 |
1.16 |
0.97 |
1.13 |
0.97 |
1.06 |
1.31 |
1.33 |
1.39 |
Price to Tangible Book Value (P/TBV) |
|
0.97 |
1.50 |
1.38 |
1.14 |
1.31 |
1.11 |
1.21 |
1.52 |
1.50 |
1.55 |
Price to Revenue (P/Rev) |
|
2.63 |
4.26 |
4.06 |
3.27 |
4.07 |
3.91 |
4.14 |
3.97 |
3.91 |
4.66 |
Price to Earnings (P/E) |
|
9.78 |
16.11 |
13.60 |
8.76 |
11.69 |
12.58 |
9.68 |
8.92 |
7.91 |
9.50 |
Dividend Yield |
|
2.88% |
1.83% |
2.04% |
2.62% |
4.00% |
4.96% |
4.38% |
2.79% |
2.40% |
2.11% |
Earnings Yield |
|
10.22% |
6.21% |
7.36% |
11.42% |
8.56% |
7.95% |
10.34% |
11.22% |
12.65% |
10.53% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.81 |
1.05 |
1.01 |
0.88 |
1.01 |
0.35 |
0.08 |
0.44 |
1.05 |
1.21 |
Enterprise Value to Revenue (EV/Rev) |
|
5.04 |
6.49 |
6.81 |
4.62 |
5.33 |
2.06 |
0.43 |
1.73 |
3.90 |
5.02 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.83 |
13.22 |
13.23 |
8.38 |
10.16 |
3.97 |
0.67 |
2.79 |
5.89 |
7.80 |
Enterprise Value to EBIT (EV/EBIT) |
|
12.37 |
16.69 |
16.17 |
9.79 |
12.07 |
5.23 |
0.80 |
3.05 |
6.22 |
8.23 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
18.72 |
24.54 |
22.77 |
12.36 |
15.30 |
6.62 |
1.02 |
3.88 |
7.90 |
10.24 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
12.57 |
16.18 |
18.21 |
11.62 |
10.07 |
3.63 |
0.88 |
3.01 |
6.86 |
8.84 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
3.85 |
19.23 |
0.00 |
3.66 |
25.10 |
10.45 |
2.30 |
1.17 |
0.00 |
75.43 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.90 |
0.81 |
0.93 |
0.57 |
0.47 |
0.46 |
0.44 |
0.28 |
0.27 |
0.23 |
Long-Term Debt to Equity |
|
0.40 |
0.52 |
0.74 |
0.45 |
0.36 |
0.26 |
0.25 |
0.07 |
0.05 |
0.04 |
Financial Leverage |
|
1.11 |
0.85 |
0.87 |
0.74 |
0.52 |
0.46 |
0.45 |
0.36 |
0.27 |
0.25 |
Leverage Ratio |
|
7.38 |
6.95 |
6.73 |
6.37 |
5.91 |
6.09 |
6.70 |
7.25 |
6.80 |
5.87 |
Compound Leverage Factor |
|
7.38 |
6.95 |
6.73 |
6.37 |
5.91 |
6.09 |
6.70 |
7.25 |
6.80 |
5.87 |
Debt to Total Capital |
|
47.30% |
44.78% |
48.17% |
36.11% |
32.02% |
31.45% |
30.45% |
22.00% |
20.98% |
18.97% |
Short-Term Debt to Total Capital |
|
26.19% |
16.17% |
9.97% |
7.58% |
7.59% |
13.48% |
13.25% |
16.45% |
17.12% |
15.51% |
Long-Term Debt to Total Capital |
|
21.11% |
28.62% |
38.20% |
28.53% |
24.43% |
17.97% |
17.20% |
5.55% |
3.86% |
3.46% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
52.70% |
55.22% |
51.83% |
63.89% |
67.98% |
68.55% |
69.55% |
78.00% |
79.02% |
81.03% |
Debt to EBITDA |
|
5.74 |
5.62 |
6.31 |
3.44 |
3.23 |
3.58 |
2.63 |
1.38 |
1.18 |
1.22 |
Net Debt to EBITDA |
|
4.69 |
4.54 |
5.33 |
2.45 |
2.40 |
-3.58 |
-5.73 |
-3.61 |
0.00 |
0.56 |
Long-Term Debt to EBITDA |
|
2.56 |
3.59 |
5.00 |
2.72 |
2.47 |
2.05 |
1.49 |
0.35 |
0.22 |
0.22 |
Debt to NOPAT |
|
10.93 |
10.44 |
10.86 |
5.08 |
4.86 |
5.97 |
3.98 |
1.92 |
1.58 |
1.60 |
Net Debt to NOPAT |
|
8.94 |
8.43 |
9.17 |
3.61 |
3.61 |
-5.97 |
-8.66 |
-5.03 |
0.00 |
0.74 |
Long-Term Debt to NOPAT |
|
4.88 |
6.67 |
8.61 |
4.01 |
3.71 |
3.41 |
2.25 |
0.48 |
0.29 |
0.29 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
665 |
171 |
-268 |
729 |
125 |
106 |
112 |
998 |
-64 |
56 |
Operating Cash Flow to CapEx |
|
1,329.65% |
578.07% |
1,624.72% |
1,363.11% |
1,123.61% |
5,241.93% |
0.00% |
6,785.74% |
1,742.44% |
3,570.77% |
Free Cash Flow to Firm to Interest Expense |
|
15.00 |
3.96 |
-6.87 |
13.84 |
2.13 |
2.71 |
4.18 |
26.15 |
-0.47 |
0.27 |
Operating Cash Flow to Interest Expense |
|
4.60 |
4.71 |
5.06 |
4.36 |
5.31 |
7.80 |
10.87 |
10.17 |
3.47 |
2.26 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.25 |
3.90 |
4.74 |
4.04 |
4.84 |
7.65 |
10.91 |
10.02 |
3.27 |
2.20 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
0.97 |
0.97 |
1.01 |
1.13 |
1.16 |
1.09 |
1.28 |
1.54 |
1.92 |
1.93 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,160 |
3,123 |
3,548 |
3,036 |
3,116 |
3,177 |
3,319 |
2,622 |
3,098 |
3,451 |
Invested Capital Turnover |
|
0.15 |
0.16 |
0.16 |
0.18 |
0.19 |
0.17 |
0.18 |
0.23 |
0.29 |
0.25 |
Increase / (Decrease) in Invested Capital |
|
-528 |
-37 |
425 |
-513 |
80 |
61 |
142 |
-697 |
476 |
354 |
Enterprise Value (EV) |
|
2,559 |
3,287 |
3,585 |
2,670 |
3,138 |
1,107 |
258 |
1,166 |
3,254 |
4,189 |
Market Capitalization |
|
1,338 |
2,158 |
2,140 |
1,891 |
2,397 |
2,106 |
2,457 |
2,677 |
3,255 |
3,886 |
Book Value per Share |
|
$25.09 |
$26.15 |
$27.83 |
$29.32 |
$32.49 |
$34.42 |
$36.43 |
$32.63 |
$39.44 |
$44.96 |
Tangible Book Value per Share |
|
$20.83 |
$21.86 |
$23.56 |
$25.05 |
$28.15 |
$29.96 |
$31.97 |
$28.12 |
$34.89 |
$40.42 |
Total Capital |
|
3,160 |
3,123 |
3,548 |
3,036 |
3,116 |
3,177 |
3,319 |
2,622 |
3,098 |
3,451 |
Total Debt |
|
1,495 |
1,399 |
1,709 |
1,096 |
998 |
999 |
1,010 |
577 |
650 |
655 |
Total Long-Term Debt |
|
667 |
894 |
1,356 |
866 |
761 |
571 |
571 |
146 |
120 |
119 |
Net Debt |
|
1,222 |
1,130 |
1,444 |
779 |
741 |
-998 |
-2,199 |
-1,511 |
-1.03 |
302 |
Capital Expenditures (CapEx) |
|
15 |
35 |
12 |
17 |
28 |
5.82 |
-1.06 |
5.72 |
27 |
13 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,495 |
1,399 |
1,709 |
1,096 |
998 |
999 |
1,010 |
577 |
650 |
655 |
Total Depreciation and Amortization (D&A) |
|
54 |
52 |
49 |
46 |
49 |
67 |
61 |
36 |
29 |
28 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.06 |
$2.03 |
$2.38 |
$3.27 |
$3.13 |
$2.63 |
$4.01 |
$4.79 |
$6.63 |
$6.58 |
Adjusted Weighted Average Basic Shares Outstanding |
|
66.41M |
65.97M |
66.05M |
66.11M |
65.48M |
63.73M |
63.35M |
62.66M |
62.08M |
62.18M |
Adjusted Diluted Earnings per Share |
|
$2.05 |
$2.02 |
$2.36 |
$3.24 |
$3.12 |
$2.62 |
$4.00 |
$4.78 |
$6.62 |
$6.57 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
66.64M |
66.31M |
66.78M |
66.63M |
65.69M |
63.85M |
63.49M |
62.81M |
62.22M |
62.30M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.13 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
65.93M |
65.99M |
66.10M |
65.62M |
65.21M |
63.30M |
63.38M |
62.14M |
62.17M |
62.22M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
137 |
134 |
157 |
216 |
205 |
167 |
254 |
300 |
412 |
409 |
Normalized NOPAT Margin |
|
27.03% |
26.49% |
29.90% |
37.35% |
34.85% |
31.07% |
42.78% |
44.49% |
49.41% |
49.08% |
Pre Tax Income Margin |
|
40.70% |
38.90% |
42.09% |
47.14% |
44.16% |
39.33% |
54.30% |
56.71% |
62.81% |
61.02% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.67 |
4.57 |
5.69 |
5.18 |
4.43 |
5.41 |
12.01 |
10.03 |
3.83 |
2.43 |
NOPAT to Interest Expense |
|
3.09 |
3.11 |
4.04 |
4.10 |
3.50 |
4.28 |
9.46 |
7.87 |
3.01 |
1.96 |
EBIT Less CapEx to Interest Expense |
|
4.32 |
3.75 |
5.38 |
4.86 |
3.96 |
5.26 |
12.05 |
9.88 |
3.63 |
2.37 |
NOPAT Less CapEx to Interest Expense |
|
2.74 |
2.29 |
3.73 |
3.78 |
3.03 |
4.13 |
9.50 |
7.72 |
2.81 |
1.89 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
28.17% |
29.54% |
27.69% |
22.97% |
33.48% |
41.79% |
28.69% |
25.11% |
19.00% |
20.06% |
Augmented Payout Ratio |
|
33.05% |
35.49% |
27.81% |
45.22% |
42.18% |
71.01% |
28.97% |
42.44% |
20.12% |
20.30% |
Quarterly Metrics And Ratios for International Bancshares
This table displays calculated financial ratios and metrics derived from International Bancshares' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
53.90% |
39.70% |
12.06% |
2.82% |
0.15% |
1.76% |
-0.44% |
-1.31% |
-3.71% |
EBITDA Growth |
|
38.42% |
0.00% |
73.09% |
63.28% |
20.87% |
0.22% |
-4.35% |
-2.20% |
-3.11% |
-1.66% |
-1.83% |
EBIT Growth |
|
53.37% |
0.00% |
89.72% |
73.53% |
23.48% |
0.62% |
-4.42% |
-2.30% |
-3.11% |
-1.54% |
-1.71% |
NOPAT Growth |
|
52.67% |
0.00% |
90.01% |
73.34% |
23.88% |
0.91% |
-4.24% |
-3.49% |
-3.38% |
8.19% |
-0.45% |
Net Income Growth |
|
0.00% |
0.00% |
90.01% |
73.34% |
23.88% |
0.91% |
-4.24% |
-3.49% |
-3.38% |
8.19% |
-0.45% |
EPS Growth |
|
0.00% |
0.00% |
94.05% |
76.09% |
23.88% |
1.79% |
-4.29% |
-3.70% |
-3.61% |
8.19% |
0.00% |
Operating Cash Flow Growth |
|
107.23% |
0.00% |
80.40% |
-3.44% |
-6.11% |
33.53% |
-5.11% |
25.74% |
2.42% |
-13.47% |
3.74% |
Free Cash Flow Firm Growth |
|
2,393.29% |
666.08% |
1,205.51% |
222.56% |
-180.37% |
-146.07% |
-164.93% |
-186.69% |
75.61% |
35.51% |
16.41% |
Invested Capital Growth |
|
-100.00% |
-21.01% |
-16.30% |
-13.45% |
0.00% |
18.17% |
18.73% |
20.15% |
27.04% |
11.42% |
13.67% |
Revenue Q/Q Growth |
|
29.89% |
8.12% |
0.15% |
-0.68% |
4.19% |
-0.79% |
-2.45% |
0.92% |
1.94% |
-1.67% |
-4.82% |
EBITDA Q/Q Growth |
|
38.46% |
24.72% |
-4.52% |
-0.96% |
2.49% |
3.41% |
-8.88% |
1.27% |
1.54% |
4.95% |
-9.04% |
EBIT Q/Q Growth |
|
44.08% |
27.13% |
-4.43% |
-0.87% |
2.53% |
3.59% |
-9.21% |
1.33% |
1.68% |
5.27% |
-9.38% |
NOPAT Q/Q Growth |
|
43.79% |
26.46% |
-3.58% |
-1.14% |
2.77% |
3.01% |
-8.50% |
-0.36% |
2.88% |
15.35% |
-15.81% |
Net Income Q/Q Growth |
|
43.79% |
26.46% |
-3.58% |
-1.14% |
2.77% |
3.01% |
-8.50% |
-0.36% |
2.88% |
15.35% |
-15.81% |
EPS Q/Q Growth |
|
45.65% |
25.37% |
-2.98% |
-0.61% |
2.47% |
3.01% |
-8.77% |
0.00% |
2.56% |
15.63% |
-15.68% |
Operating Cash Flow Q/Q Growth |
|
37.20% |
-17.91% |
43.50% |
-40.26% |
33.40% |
16.75% |
1.98% |
-20.83% |
8.66% |
-1.37% |
22.27% |
Free Cash Flow Firm Q/Q Growth |
|
1,959.66% |
-76.20% |
-22.19% |
-15.44% |
-613.20% |
86.36% |
-9.67% |
-12.89% |
-44.39% |
63.92% |
-42.14% |
Invested Capital Q/Q Growth |
|
-100.00% |
0.00% |
2.44% |
2.54% |
2.20% |
10.08% |
2.93% |
3.76% |
8.06% |
-3.46% |
5.01% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
60.26% |
69.51% |
66.27% |
66.08% |
65.00% |
67.75% |
63.29% |
63.51% |
63.26% |
67.52% |
64.52% |
EBIT Margin |
|
55.91% |
65.73% |
62.73% |
62.60% |
61.60% |
64.32% |
59.86% |
60.11% |
59.95% |
64.18% |
61.10% |
Profit (Net Income) Margin |
|
43.91% |
51.36% |
49.45% |
49.22% |
48.55% |
50.41% |
47.28% |
46.68% |
47.11% |
55.26% |
48.88% |
Tax Burden Percent |
|
78.55% |
78.14% |
78.84% |
78.62% |
78.81% |
78.37% |
78.98% |
77.66% |
78.58% |
86.11% |
80.00% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
21.45% |
21.86% |
21.16% |
21.38% |
21.19% |
21.63% |
21.02% |
22.34% |
21.42% |
13.89% |
20.00% |
Return on Invested Capital (ROIC) |
|
0.00% |
11.67% |
12.53% |
13.35% |
28.56% |
14.69% |
13.42% |
12.90% |
12.33% |
14.07% |
11.85% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
11.67% |
12.53% |
13.35% |
28.56% |
14.69% |
13.42% |
12.90% |
12.33% |
14.07% |
11.85% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
4.25% |
4.63% |
5.12% |
8.08% |
4.01% |
3.57% |
3.50% |
3.61% |
3.50% |
3.16% |
Return on Equity (ROE) |
|
0.00% |
15.92% |
17.16% |
18.47% |
36.63% |
18.70% |
16.99% |
16.39% |
15.94% |
17.57% |
15.01% |
Cash Return on Invested Capital (CROIC) |
|
200.00% |
33.59% |
29.57% |
27.59% |
-170.80% |
-2.26% |
-3.25% |
-4.98% |
-11.29% |
1.70% |
-0.80% |
Operating Return on Assets (OROA) |
|
0.00% |
2.81% |
3.00% |
3.24% |
6.84% |
3.51% |
3.27% |
3.32% |
3.26% |
3.47% |
3.19% |
Return on Assets (ROA) |
|
0.00% |
2.20% |
2.36% |
2.55% |
5.39% |
2.75% |
2.59% |
2.58% |
2.56% |
2.99% |
2.55% |
Return on Common Equity (ROCE) |
|
0.00% |
15.92% |
17.16% |
18.47% |
36.63% |
18.70% |
16.99% |
16.39% |
15.94% |
17.57% |
15.01% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.00% |
16.16% |
17.83% |
18.73% |
0.00% |
16.40% |
15.67% |
14.57% |
0.00% |
14.12% |
Net Operating Profit after Tax (NOPAT) |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
NOPAT Margin |
|
43.91% |
51.36% |
49.45% |
49.22% |
48.55% |
50.41% |
47.28% |
46.68% |
47.11% |
55.26% |
48.88% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
25.14% |
19.22% |
22.10% |
22.29% |
22.32% |
22.23% |
23.65% |
23.79% |
24.32% |
24.36% |
26.31% |
Operating Expenses to Revenue |
|
39.60% |
30.41% |
33.10% |
33.08% |
33.47% |
32.50% |
33.83% |
35.67% |
35.99% |
35.13% |
37.22% |
Earnings before Interest and Taxes (EBIT) |
|
106 |
135 |
129 |
128 |
131 |
136 |
123 |
125 |
127 |
134 |
121 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
114 |
143 |
136 |
135 |
138 |
143 |
130 |
132 |
134 |
141 |
128 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
1.31 |
1.18 |
1.19 |
1.18 |
1.33 |
1.37 |
1.35 |
1.34 |
1.39 |
1.36 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
1.52 |
1.35 |
1.37 |
1.36 |
1.50 |
1.55 |
1.52 |
1.49 |
1.55 |
1.50 |
Price to Revenue (P/Rev) |
|
0.00 |
3.97 |
3.40 |
3.25 |
3.14 |
3.91 |
4.09 |
4.16 |
4.40 |
4.66 |
4.75 |
Price to Earnings (P/E) |
|
0.00 |
8.92 |
7.28 |
6.69 |
6.32 |
7.91 |
8.36 |
8.61 |
9.19 |
9.50 |
9.60 |
Dividend Yield |
|
3.00% |
2.79% |
3.01% |
2.92% |
3.01% |
2.40% |
2.35% |
2.31% |
2.23% |
2.11% |
2.16% |
Earnings Yield |
|
0.00% |
11.22% |
13.74% |
14.94% |
15.82% |
12.65% |
11.96% |
11.61% |
10.89% |
10.53% |
10.42% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.44 |
0.70 |
0.78 |
0.90 |
1.05 |
1.00 |
1.03 |
1.04 |
1.21 |
1.12 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
1.73 |
2.50 |
2.67 |
3.04 |
3.90 |
3.84 |
4.08 |
4.45 |
5.02 |
4.92 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
2.79 |
3.93 |
4.07 |
4.56 |
5.89 |
5.86 |
6.29 |
6.91 |
7.80 |
7.60 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
3.05 |
4.21 |
4.32 |
4.82 |
6.22 |
6.19 |
6.64 |
7.29 |
8.23 |
8.02 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
3.88 |
5.37 |
5.50 |
6.13 |
7.90 |
7.86 |
8.46 |
9.30 |
10.24 |
9.94 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
3.01 |
4.14 |
4.80 |
5.71 |
6.86 |
6.86 |
6.99 |
7.57 |
8.84 |
8.48 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.76 |
1.17 |
2.15 |
2.63 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
75.43 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.28 |
0.25 |
0.26 |
0.28 |
0.27 |
0.28 |
0.28 |
0.30 |
0.23 |
0.25 |
Long-Term Debt to Equity |
|
0.00 |
0.07 |
0.07 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
0.05 |
Financial Leverage |
|
0.43 |
0.36 |
0.37 |
0.38 |
0.28 |
0.27 |
0.27 |
0.27 |
0.29 |
0.25 |
0.27 |
Leverage Ratio |
|
6.83 |
7.25 |
7.27 |
7.26 |
6.80 |
6.80 |
6.57 |
6.36 |
6.23 |
5.87 |
5.88 |
Compound Leverage Factor |
|
6.83 |
7.25 |
7.27 |
7.26 |
6.80 |
6.80 |
6.57 |
6.36 |
6.23 |
5.87 |
5.88 |
Debt to Total Capital |
|
0.00% |
22.00% |
19.70% |
20.39% |
22.05% |
20.98% |
22.10% |
22.10% |
23.10% |
18.97% |
20.12% |
Short-Term Debt to Total Capital |
|
0.00% |
16.45% |
14.28% |
16.05% |
17.92% |
17.12% |
18.35% |
18.49% |
19.75% |
15.51% |
16.28% |
Long-Term Debt to Total Capital |
|
0.00% |
5.55% |
5.42% |
4.35% |
4.13% |
3.86% |
3.75% |
3.61% |
3.34% |
3.46% |
3.85% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
0.00% |
78.00% |
80.30% |
79.61% |
77.95% |
79.02% |
77.90% |
77.90% |
76.90% |
81.03% |
79.88% |
Debt to EBITDA |
|
0.00 |
1.38 |
1.11 |
1.06 |
1.12 |
1.18 |
1.29 |
1.35 |
1.53 |
1.22 |
1.36 |
Net Debt to EBITDA |
|
0.00 |
-3.61 |
-1.40 |
-0.88 |
-0.14 |
0.00 |
-0.37 |
-0.11 |
0.09 |
0.56 |
0.26 |
Long-Term Debt to EBITDA |
|
0.00 |
0.35 |
0.31 |
0.23 |
0.21 |
0.22 |
0.22 |
0.22 |
0.22 |
0.22 |
0.26 |
Debt to NOPAT |
|
0.00 |
1.92 |
1.52 |
1.44 |
1.51 |
1.58 |
1.73 |
1.81 |
2.06 |
1.60 |
1.78 |
Net Debt to NOPAT |
|
0.00 |
-5.03 |
-1.91 |
-1.19 |
-0.19 |
0.00 |
-0.50 |
-0.15 |
0.11 |
0.74 |
0.34 |
Long-Term Debt to NOPAT |
|
0.00 |
0.48 |
0.42 |
0.31 |
0.28 |
0.29 |
0.29 |
0.30 |
0.30 |
0.29 |
0.34 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
3,373 |
803 |
625 |
528 |
-2,711 |
-370 |
-406 |
-458 |
-661 |
-239 |
-339 |
Operating Cash Flow to CapEx |
|
6,554.38% |
1,827.16% |
3,326.11% |
1,565.93% |
1,252.99% |
1,577.24% |
2,070.58% |
6,059.58% |
1,687.58% |
0.00% |
1,905.37% |
Free Cash Flow to Firm to Interest Expense |
|
341.74 |
52.76 |
27.20 |
16.68 |
-73.57 |
-8.19 |
-8.37 |
-8.90 |
-12.08 |
-4.37 |
-6.35 |
Operating Cash Flow to Interest Expense |
|
12.27 |
6.53 |
6.21 |
2.69 |
3.09 |
2.94 |
2.79 |
2.08 |
2.13 |
2.10 |
2.63 |
Operating Cash Flow Less CapEx to Interest Expense |
|
12.08 |
6.18 |
6.03 |
2.52 |
2.84 |
2.75 |
2.66 |
2.05 |
2.00 |
2.14 |
2.49 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.00 |
0.04 |
0.05 |
0.05 |
0.11 |
0.05 |
0.05 |
0.06 |
0.05 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
0.00 |
1.54 |
1.72 |
1.86 |
0.00 |
1.92 |
1.92 |
1.94 |
1.92 |
1.93 |
1.90 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
0.00 |
2,622 |
2,685 |
2,754 |
2,814 |
3,098 |
3,188 |
3,308 |
3,575 |
3,451 |
3,624 |
Invested Capital Turnover |
|
0.00 |
0.23 |
0.25 |
0.27 |
0.59 |
0.29 |
0.28 |
0.28 |
0.26 |
0.25 |
0.24 |
Increase / (Decrease) in Invested Capital |
|
-3,290 |
-697 |
-523 |
-428 |
2,814 |
476 |
503 |
555 |
761 |
354 |
436 |
Enterprise Value (EV) |
|
2,486 |
1,166 |
1,869 |
2,152 |
2,519 |
3,254 |
3,203 |
3,418 |
3,724 |
4,189 |
4,063 |
Market Capitalization |
|
2,486 |
2,677 |
2,535 |
2,616 |
2,597 |
3,255 |
3,408 |
3,479 |
3,678 |
3,886 |
3,923 |
Book Value per Share |
|
$0.00 |
$32.63 |
$34.70 |
$35.29 |
$35.35 |
$39.44 |
$39.97 |
$41.45 |
$44.21 |
$44.96 |
$46.53 |
Tangible Book Value per Share |
|
$0.00 |
$28.12 |
$30.15 |
$30.74 |
$30.80 |
$34.89 |
$35.42 |
$36.91 |
$39.67 |
$40.42 |
$41.99 |
Total Capital |
|
0.00 |
2,622 |
2,685 |
2,754 |
2,814 |
3,098 |
3,188 |
3,308 |
3,575 |
3,451 |
3,624 |
Total Debt |
|
0.00 |
577 |
529 |
562 |
621 |
650 |
705 |
731 |
826 |
655 |
729 |
Total Long-Term Debt |
|
0.00 |
146 |
146 |
120 |
116 |
120 |
120 |
120 |
119 |
119 |
139 |
Net Debt |
|
0.00 |
-1,511 |
-666 |
-464 |
-78 |
-1.03 |
-204 |
-61 |
46 |
302 |
140 |
Capital Expenditures (CapEx) |
|
1.85 |
5.44 |
4.29 |
5.44 |
9.08 |
8.42 |
6.54 |
1.77 |
6.90 |
-1.94 |
7.37 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
0.00 |
577 |
529 |
562 |
621 |
650 |
705 |
731 |
826 |
655 |
729 |
Total Depreciation and Amortization (D&A) |
|
8.27 |
7.76 |
7.28 |
7.10 |
7.23 |
7.24 |
7.06 |
7.07 |
7.00 |
6.95 |
6.78 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$1.69 |
$1.64 |
$1.62 |
$1.66 |
$1.71 |
$1.57 |
$1.56 |
$1.60 |
$1.85 |
$1.56 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
62.66M |
62.14M |
62.07M |
62.65M |
62.08M |
62.15M |
62.18M |
62.19M |
62.18M |
62.21M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$1.68 |
$1.63 |
$1.62 |
$1.66 |
$1.71 |
$1.56 |
$1.56 |
$1.60 |
$1.85 |
$1.56 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
62.81M |
62.28M |
62.21M |
62.20M |
62.22M |
62.27M |
62.29M |
62.31M |
62.30M |
62.30M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
62.14M |
62.11M |
62.05M |
62.06M |
62.17M |
62.18M |
62.19M |
62.20M |
62.22M |
62.14M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
83 |
105 |
102 |
100 |
103 |
106 |
97 |
97 |
100 |
115 |
97 |
Normalized NOPAT Margin |
|
43.91% |
51.36% |
49.45% |
49.22% |
48.55% |
50.41% |
47.28% |
46.68% |
47.11% |
55.26% |
48.88% |
Pre Tax Income Margin |
|
55.91% |
65.73% |
62.73% |
62.60% |
61.60% |
64.32% |
59.86% |
60.11% |
59.95% |
64.18% |
61.10% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
10.75 |
8.87 |
5.61 |
4.04 |
3.56 |
3.00 |
2.54 |
2.43 |
2.32 |
2.45 |
2.27 |
NOPAT to Interest Expense |
|
8.45 |
6.93 |
4.43 |
3.17 |
2.80 |
2.35 |
2.01 |
1.89 |
1.82 |
2.11 |
1.81 |
EBIT Less CapEx to Interest Expense |
|
10.56 |
8.51 |
5.43 |
3.86 |
3.31 |
2.82 |
2.41 |
2.39 |
2.19 |
2.48 |
2.13 |
NOPAT Less CapEx to Interest Expense |
|
8.26 |
6.57 |
4.24 |
3.00 |
2.56 |
2.17 |
1.87 |
1.85 |
1.70 |
2.14 |
1.68 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
25.11% |
21.96% |
19.57% |
19.05% |
19.00% |
19.67% |
19.84% |
20.50% |
20.06% |
20.70% |
Augmented Payout Ratio |
|
0.00% |
42.44% |
36.23% |
23.64% |
20.17% |
20.12% |
20.66% |
20.01% |
20.71% |
20.30% |
20.81% |
Key Financial Trends
International Bancshares (NASDAQ: IBOC) has demonstrated stable financial performance over the last several years, with key trends observable from their quarterly financial statements.
Revenue and Profitability Trends:
- Net interest income has remained strong and relatively stable, with Q1 2025 net interest income of $161.2 million, slightly up from $160.9 million in Q4 2024 and showing a steady increase compared to prior quarters and years.
- Total revenue in Q1 2025 was $198.2 million, a modest decrease from $208.3 million in Q4 2024 but consistent with historical seasonal patterns.
- Net income attributed to common shareholders was $96.9 million in Q1 2025, translating to a basic and diluted EPS of $1.56, reflecting solid profitability despite slightly lower revenues compared to the previous quarter.
- Provision for credit losses increased to $3.3 million in Q1 2025 from $1.45 million in Q4 2024, indicating a higher expected credit risk.
- Salaries and employee benefits expense increased modestly but remain well controlled, supporting firm operational efficiency.
Balance Sheet and Asset Quality:
- Loans and leases net of allowance increased to about $8.9 billion in Q1 2025, up from approximately $8.6 billion in Q3 2024, signaling loan portfolio growth.
- Allowance for loan and lease losses rose moderately to $158.7 million, consistent with the modest raising of loan loss provisions.
- Cash and due from banks balance is strong at $589 million in Q1 2025, providing ample liquidity.
- Total assets grew slightly to $16.3 billion in Q1 2025 compared to prior quarters, showing balanced asset expansion.
Cash Flow and Capital Management:
- Net cash flow from operating activities was robust at $140.5 million in Q1 2025, indicating strong cash generation capability.
- Net cash used in investing activities was significant at -$275.3 million in Q1 2025, primarily due to purchases of investment securities exceeding sales.
- Financing activities generated $371.6 million in net cash in Q1 2025, boosted by substantial net deposit inflows and issuance of debt.
- Cash dividends per share increased to $0.70 in Q1 2025 from $0.66 in Q4 2024, reflecting a stable and growing shareholder return policy.
Summary:
International Bancshares shows steady loan growth and consistent net interest income, supporting stable profitability. The company maintains strong liquidity and generating healthy operating cash flow. However, higher provisions for credit losses and sizeable investing outflows warrant monitoring. Overall, the bank’s financial health appears solid with measured growth and effective capital management.
09/22/25 01:38 AM ETAI Generated. May Contain Errors.