International Bancshares Corporation (IBOC) | Investment Case

1. Company Snapshot

1.a. 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.

Show Full description

1.b. Last Insights on IBOC

International Bancshares Corporation's recent performance was driven by robust earnings, with net income reaching $100.1 million for the quarter ended June 30, 2025. The company's strong financials were highlighted by its recent earnings release, showcasing a significant achievement. Furthermore, IBC's Board of Directors approved a $0.70 per share cash dividend, demonstrating the company's commitment to shareholder value. This move underscores the company's stability and ability to generate returns for its investors.

1.c. Company Highlights

Last Price	69.28
Change Percentage	0.52%
Open	68.55
Previous Close	68.92
Market Cap ( Millions)	4307
Volume	103530
Year High	73.58
Year Low	54.11
M A 50	66.99
M A 200	65.97

FCF Yield	2.71%
Dividend Yield	2.02%
ROE	14.20%
Debt / Equity	0.00%
Net Debt / EBIDTA	0.00%
Price To Book	1.38
Price Earnings Ratio	10.24
Price To FCF	36.96
Price To sales	5.55
EV / EBITDA	10.84

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Position in International Bancshares Corporation $IBOC

Nov -24

Source: defenseworld.net

Campbell & CO Investment Adviser LLC Buys Shares of 4,075 International Bancshares Corporation $IBOC

Nov -18

Source: defenseworld.net

IBC Reports Strong Earnings for the Third Quarter of 2025

Nov -06

Source: businesswire.com

IBC Reports Strong Earnings for the First Half of 2025

Aug -07

Source: businesswire.com

International Bancshares Corporation Announces Cash Dividend

Aug -01

Source: businesswire.com

IBC Reports Strong Earnings

May -05

Source: businesswire.com

IBC Reports Strong Earnings in 2024

Feb -27

Source: businesswire.com

23 Upcoming Dividend Increases, Including 2 Kings

Feb -07

Source: seekingalpha.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Banking and Related Activities

Expected Growth: 4.5%

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.

7. Detailed Products

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.

8. International Bancshares Corporation's Porter Forces

Forces Ranking

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.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

	Value
Debt Weight	20.98%
Debt Cost	3.95%
Equity Weight	79.02%
Equity Cost	8.68%
WACC	7.69%
Leverage	26.56%

11. Quality Control: International Bancshares Corporation passed 6 out of 9 key points

Strong Liquidity

Low Debt

Strong Interest Coverage

Healthy Cash Flow

Operating Efficiency

Strong Return On Equity

Consistent Revenue Growth

Consistent Operating Cash Flow Growth

Margin Improvement

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Bank OZK

A-Score: 7.5/10

Value: 7.7

Growth: 8.3

Quality: 8.0

Yield: 7.0

Momentum: 7.0

Volatility: 7.0

1-Year Total Return ->

IBOC

A-Score: 7.0/10

Value: 6.2

Growth: 7.1

Quality: 8.3

Yield: 5.0

Momentum: 6.5

Volatility: 8.7

1-Year Total Return ->

Popular

A-Score: 6.9/10

Value: 6.3

Growth: 5.9

Quality: 7.0

Yield: 6.0

Momentum: 8.0

Volatility: 8.3

1-Year Total Return ->

First Bank

A-Score: 6.9/10

Value: 6.5

Growth: 6.6

Quality: 8.0

Yield: 7.0

Momentum: 5.5

Volatility: 7.7

1-Year Total Return ->

Cathay Bank

A-Score: 6.6/10

Value: 6.3

Growth: 6.1

Quality: 7.4

Yield: 6.0

Momentum: 6.0

Volatility: 7.7

1-Year Total Return ->

Fulton Financial

A-Score: 6.5/10

Value: 6.1

Growth: 6.3

Quality: 6.0

Yield: 8.0

Momentum: 5.0

Volatility: 7.7

1-Year Total Return ->

Peers Metrics

12.e Scoring ^Insights

12.f DCF ^BETA

Parameters

Short Term Growth

-4.81%

Short term Time

10.0

Long-Term Growth

2.00%

WACC

7.69%

International Bancshares Corporation - US4590441030

1. Company Snapshot

1.a. Company Description

1.b. Last Insights on IBOC

1.c. Company Highlights

Higher Growth

Better Quality

Stable Momentum

Medium Volatility

Strong Momentum

Average Growth

Fairly Valued

2. Transcript Summary

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Banking and Related Activities

Expected Growth: 4.5%

7. Detailed Products

Commercial Banking

Consumer Banking

Wealth Management

Mortgage Banking

Insurance

International Banking

8. International Bancshares Corporation's Porter Forces

Forces Ranking

Threat Of Substitutes

Bargaining Power Of Customers

Bargaining Power Of Suppliers

Threat Of New Entrants

Intensity Of Rivalry

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

11. Quality Control: International Bancshares Corporation passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

69.28$

Current Price

69.28$

Potential

-0.00%

Expected Cash-Flows

12.e Scoring ^Insights

12.f DCF ^BETA