-2.04%
4.14%
6.57%
7.54%
25.50%
58.31%
65.22%
AI Spotlight on IBOC
Company Description
International Bancshares Corporation, a financial holding company, provides commercial and retail banking services.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.As of February 28, 2022, the company had 170 branch facilities and 263 ATMs serving 76 communities in Texas and Oklahoma.International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
Market Data
| Last Price | 65.89 |
| Change Percentage | -2.04% |
| Open | 67.09 |
| Previous Close | 67.26 |
| Market Cap ( Millions) | 4099 |
| Volume | 1607265 |
| Year High | 76.91 |
| Year Low | 48.85 |
| M A 50 | 67.62 |
| M A 200 | 62.14 |
Financial Ratios
| FCF Yield | 11.65% |
| Dividend Yield | 2.00% |
| ROE | 15.61% |
| Debt / Equity | 4.34% |
| Net Debt / EBIDTA | -164.78% |
| Price To Book | 1.49 |
| Price Earnings Ratio | 10.23 |
| Price To FCF | 8.58 |
| Price To sales | 4.17 |
| EV / EBITDA | 8.58 |
News
- Nov -05 - Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation
- Aug -01 - IBC Reports Strong Earnings for the First Half of 2024
- May -02 - IBC's Strong Earnings Continue in the First Quarter of 2024
- Apr -12 - International Bancshares Corporation Ranked Third on Forbes' America's Best Banks List for 2023
- Apr -03 - International Bancshares Corporation Ranked #1 by S&P Global Market Intelligence's Top 50 Public Banks for 2023
- Mar -29 - 7 Dividend Stocks to Secure Your Financial Freedom by 2026
- Feb -26 - IBC Reports 37% Increase in Earnings in 2023
- Nov -02 - IBC Continues to Deliver Exceptional Earnings
- Sep -05 - Top 3 Small Bank Stocks to Buy for Rapid Growth in 2023
- Aug -03 - IBC Continues Stellar Earnings
- Jul -27 - International Bancshares Corporation Announces Cash Dividend
- Oct -14 - IBC Bank Leaders Applaud Border Opening
- Aug -09 - International Bancshares Corporation Announces Cash Dividend Increase
- Aug -05 - IBC Reports Strong Earnings
- Jul -21 - Forbes Gives High Ranks to IBC Bank
- May -06 - IBC Reports Strong First Quarter 2021 Earnings
- Feb -25 - IBC Reports 2020 Earnings
- Sep -05 - Dividend Champion And Contender Highlights: Week Of September 6
- Aug -06 - IBC Reports 2020 Earnings
- Jul -24 - Here's What International Bancshares Corporation's (NASDAQ:IBOC) Shareholder Ownership Structure Looks Like
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking and Related Activities
Expected Growth : 4.5 %
What the company do ?
International Bancshares Corporation's Banking and Related Activities segment provides commercial and consumer banking services, including deposit-taking and lending, to individuals and businesses.
Why we expect these perspectives ?
The growth of International Bancshares Corporation's Banking and Related Activities segment is driven by increasing demand for commercial and consumer banking services, expansion of digital banking channels, and a growing customer base in the Texas and Oklahoma markets.
International Bancshares Corporation Products
| Product Range | What is it ? |
|---|---|
| Commercial Banking | Provides financial solutions to businesses, including cash management, lending, and treasury management services. |
| Consumer Banking | Offers personal banking services, including checking and savings accounts, credit cards, and personal loans. |
| Wealth Management | Provides investment and wealth management services, including brokerage, trust, and insurance services. |
| Mortgage Banking | Offers mortgage lending services, including residential and commercial mortgage loans. |
| Insurance | Provides insurance products, including property, casualty, and life insurance. |
| International Banking | Offers international banking services, including trade finance, foreign exchange, and correspondent banking. |
International Bancshares Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for International Bancshares Corporation is medium due to the presence of alternative financial institutions and digital payment systems.
Bargaining Power Of Customers
The bargaining power of customers is low due to the lack of concentration of buyers and the high switching costs.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the moderate concentration of suppliers and the availability of alternative suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry, including regulatory requirements and capital requirements.
Intensity Of Rivalry
The intensity of rivalry is high due to the high competition among existing players in the banking industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 20.98% |
| Debt Cost | 3.95% |
| Equity Weight | 79.02% |
| Equity Cost | 8.68% |
| WACC | 7.69% |
| Leverage | 26.56% |
International Bancshares Corporation : Quality Control
International Bancshares Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CATY | Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United … |
| OZK | Bank OZK provides various retail and commercial banking services. It accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, … |
| FBP | First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial … |
| FULT | Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, … |
| BPOP | Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Cathay Bank
A-Score
1-Year Total Return ->
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IBOC
A-Score
1-Year Total Return ->
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Bank OZK
A-Score
1-Year Total Return ->
4
Fulton Financial
A-Score
1-Year Total Return ->
5
First Bank
A-Score
1-Year Total Return ->
6
