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International Bancshares Corporation (NASDAQ: IBOC) |
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Price: $66.6700
$-1.24 
-1.826%
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| Day's High:
| $67.84
| Week Perf:
| 2.65 %
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| Day's Low: |
$ 65.57 |
30 Day Perf: |
4.81 % |
| Volume (M): |
220 |
52 Wk High: |
$ 76.91 |
| Volume (M$): |
$ 14,674 |
52 Wk Avg: |
$60.55 |
| Open: |
$67.84 |
52 Wk Low: |
$48.85 |
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| Market Capitalization (Millions $) |
4,154 |
| Shares
Outstanding (Millions) |
62 |
| Employees |
4,260 |
| Revenues (TTM) (Millions $) |
799 |
| Net Income (TTM) (Millions $) |
400 |
| Cash Flow (TTM) (Millions $) |
81 |
| Capital Exp. (TTM) (Millions $) |
24 |
International Bancshares Corporation
The Company is a financial holding company with its principal corporate offices
in Laredo, Texas. Four bank subsidiaries provide commercial and retail banking
services through main banking and branch facilities located in communities in
South, Central and Southeast Texas and the State of Oklahoma. The Company was
originally incorporated under the General Corporation Law of the State of Delaware
in 1979. Effective June 7, 1995, the Company’s state of incorporation was
changed from Delaware to Texas. The Company was organized for the purpose of operating
as a bank holding company within the meaning of the Bank Holding Company Act of
1956, as amended (the “BHCA”), and as such, is subject to supervision
and regulation by the Board of Governors of the Federal Reserve System (the “FRB”).
As a registered bank holding company, the Company may own one or more banks and
may engage directly, or through subsidiary corporations, in those activities closely
related to banking which are specifically permitted under the BHCA and by the
FRB.
Company Address: 1200 San Bernardo Avenue Laredo 78042 TX
Company Phone Number: 722-7611 Stock Exchange / Ticker: NASDAQ IBOC
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Customers Net Income grew by |
IBOC's Customers Net Profit Margin grew to |
20.21 % |
17.95 %
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| Stock Performances by Major Competitors |
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| International Bancshares Corporation
International Bancshares Corporation (NASDAQ:IBOC) recently announced its financial results for the fiscal period ending March 31, 2024, and the numbers were not as positive as expected. The regional bank reported a disappointing decline in earnings per share (EPS) and revenue compared to the same period last year.
In terms of EPS, the company reported a deterioration of -4.29%, with EPS falling from $1.63 to $1.56. This decline in EPS also reflected in the revenue, which decreased by -2.076% to $192.87 million. These figures are a clear indication that International Bancshares Corporation has experienced a decline in profitability for the specified fiscal period.
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| International Bancshares Corporation
The stock market has been a rollercoaster ride for many businesses in the past year, but one company that has stood out among the rest is International Bancshares Corporation. With their impressive fourth quarter financial results, it's clear that they are not only surviving, but thriving in the current economic climate.
International Bancshares Corporation reported a 3.547% increase in revenue to $204.33 million in the fourth quarter of 2023, compared to $197.33 million in the same period the year before. Their earnings per share also grew by 1.04% to $1.71, showing that they are continuing to deliver value to their shareholders.
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| International Bancshares Corporation
International Bancshares Corporation, one of the largest independent bank holding companies in Texas, has recently disclosed impressive financial results for the July to September 30, 2023 period. The company reported double digit revenue and income growth, showcasing its strong performance in the market.
According to the report, revenues for the period were recorded at $202.24 million, representing a significant increase of 11.552% year on year. Furthermore, the company experienced a quarter on quarter growth of 3.53%. This robust revenue growth indicates the company's ability to generate substantial income and attract customers.
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| International Bancshares Corporation
International Bancshares Corporation (IBOC) has recently released its financial results, showcasing strong performance in its most recent fiscal period. With a significant increase in income per share and growing revenue, the company has proven its resilience amidst challenging market conditions. As IBOC's shares show positive trends and the company boasts improving profit margins, it becomes crucial to evaluate the potential impact of these factors on the future prospects of the corporation.
1. Solid Revenue Growth:
IBOC's revenue experienced a noteworthy surge, rising by 37.17% to $195.34 million in the most recent fiscal period. This growth rate outperforms many of its counterparts in the Regional Banks sector, where most companies witnessed an improvement of only 4.60%. This disparity indicates that IBOC is strategically positioning itself as a leader in its industry, capturing a larger share of the market and potentially gaining a competitive edge.
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| International Bancshares Corporation
International Bancshares Corporation announces a new high in its return on equity (ROE) for the first quarter of 2023. The company reported an ROE of 16.89%, which is an improvement compared to the fourth quarter of 2022. While the net income was fading, the company managed to enhance its financial performance based on this measure.
In comparison to the Regional Banks industry, International Bancshares Corporation ranked number six in terms of ROE, with five other companies having higher ROE values. However, the company's overall ROE ranking has increased from 1266 in the fourth quarter of 2022 to 1161 as of the first quarter of 2023.
In terms of financial figures, International Bancshares Corporation reported a net income of $101.643 million in the most recent fiscal period. This is an increase of 90.01% from the net earnings of $53.493 million reported a year ago. Furthermore, the company's profit margin has improved with net margin rising to 51.61% and operating margin edging up to 65.46%Regarding revenue, the company reported a growth of 49.125% to $196.96 million. The earnings per share for the first quarter of 2023 increased by 94.05% to $1.63 per share in comparison to the same period in the previous year. The revenue for the last reporting period was $197.33 million, with earnings per share at $1.70.
International Bancshares Corporation is expected to report its next financial earnings on August 03, 2023. Based on the current financial outcomes, the company shows promising trends in terms of its return on equity and profit margin.
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| Per Share |
Current |
| Earnings (TTM) |
6.43 $ |
| Revenues (TTM) |
12.83 $
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| Cash Flow (TTM) |
1.3 $ |
| Cash |
93.12 $
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| Book Value |
44.13 $
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| Dividend (TTM) |
1.32 $ |
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| Per Share |
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| Earnings (TTM) |
6.43 $
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| Revenues (TTM) |
12.83 $ |
| Cash Flow (TTM) |
1.3 $ |
| Cash |
93.12 $
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| Book Value |
44.13 $ |
| Dividend (TTM) |
1.32 $ |
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1.83% 