International Bancshares (IBOC) Stock Price, News & Analysis

Company Overview

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. The company was founded in 1966 and is headquartered in Laredo, Texas.

Key Stats

• Today's Range: $69.15 to $70.45
• 50-Day Range: $57.25 to $73.08
• 52-Week Range: $44.24 to $73.82
• Volume: 110,873 shs
• Average Volume: 221,263 shs
• Market Capitalization: $4.35 billion
• P/E Ratio: 10.87
• Dividend Yield: 1.89%
• Price Target: N/A
• Consensus Rating: N/A

International Bancshares Stock Analysis - MarketRank™

International Bancshares scored higher than 75% of companies evaluated by MarketBeat, and ranked 327th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for International Bancshares.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of International Bancshares is 10.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Bancshares is 10.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Book Value per Share Ratio

International Bancshares has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.27% of the float of International Bancshares has been sold short.

Short Interest Ratio / Days to Cover

International Bancshares has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Bancshares has recently decreased by 12.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

International Bancshares pays a meaningful dividend of 1.86%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

International Bancshares has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of International Bancshares is 20.53%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.27% of the float of International Bancshares has been sold short.

Short Interest Ratio / Days to Cover

International Bancshares has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Bancshares has recently decreased by 12.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

International Bancshares has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for International Bancshares this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for IBOC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, International Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,512,947.00 in company stock.

Percentage Held by Insiders

13.93% of the stock of International Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

65.91% of the stock of International Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IBOC Stock Analysis - Frequently Asked Questions

How have IBOC shares performed this year?

International Bancshares' stock was trading at $54.32 on January 1st, 2024. Since then, IBOC stock has increased by 28.7% and is now trading at $69.90.
View the best growth stocks for 2024 here.

How were International Bancshares' earnings last quarter?

International Bancshares Co. (NASDAQ:IBOC) announced its earnings results on Thursday, May, 7th. The bank reported $0.53 EPS for the quarter. International Bancshares had a trailing twelve-month return on equity of 15.62% and a net margin of 38.65%.

Who are International Bancshares' major shareholders?

Top institutional investors of International Bancshares include State Street Corp (4.12%), Charles Schwab Investment Management Inc. (3.21%), Geode Capital Management LLC (2.17%) and Boston Trust Walden Corp (2.04%). Insiders that own company stock include Antonio R Sanchez Jr, Dennis E Nixon and Diana G Zuniga.
View institutional ownership trends.

How do I buy shares of International Bancshares?

Shares of IBOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of International Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Bancshares investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

• Last Earnings: 5/07/2020
• Ex-Dividend for 8/28 Dividend: 8/14/2024
• Dividend Payable: 8/28/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:IBOC
• CUSIP: 45904410
• CIK: 315709
• Web: www.ibc.com
• Phone: (956) 722-7611
• Fax: 956-726-6637
• Employees: 2,200
• Year Founded: 1966

Profitability

• EPS (Most Recent Fiscal Year): $6.43
• Trailing P/E Ratio: 10.87
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $411.77 million
• Net Margins: 38.65%
• Pretax Margin: 49.29%
• Return on Equity: 15.62%
• Return on Assets: 2.59%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 0.72
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $836.41 million
• Price / Sales: 5.20
• Cash Flow: $6.97 per share
• Price / Cash Flow: 10.03
• Book Value: $39.44 per share
• Price / Book: 1.77

Miscellaneous

• Outstanding Shares: 62,203,000
• Free Float: 53,538,000
• Market Cap: $4.35 billion
• Optionable: Optionable
• Beta: 0.87