International Bancshares (IBOC) AI Stock Analysis

• Market Cap: $4.50B
• Dividend Yield: 1.93%
• Average Volume (3M): 215.84K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.96
• Revenue Growth: 1.99%
• EPS Growth: 2.08%
• Country: US
• Employees: 2,103
• Sector: Financial
• Sector Strength: 71
• Industry: Banks - Regional
• EPS (TTM): 1.61
• Shares Outstanding: 62,156,400
• 10 Day Avg. Volume: 232,340
• 30 Day Avg. Volume: 215,841
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 4.02
• Enterprise Value/Gross Profit: 5.19
• Enterprise Value/Ebitda: 7.92
• 1Y Price Target: $77.00
• Price Target Upside: 6.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: $77.00 ▲(6.31% Upside)

International Bancshares' strong financial performance is the most significant factor, supported by stable profitability and manageable leverage. However, incomplete technical analysis data and mixed corporate events slightly dampen the overall score. The valuation is reasonable, but the modest dividend yield offers limited income potential.

International Bancshares Business Overview & Revenue Model

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.

How the Company Makes Money

International Bancshares generates revenue primarily through net interest income, which is earned from the difference between the interest it pays on deposits and the interest it receives on loans. This includes various loan types such as commercial, consumer, and mortgage loans. Additionally, the company earns non-interest income from fees associated with account services, transaction processing, and other banking services. Significant partnerships with local businesses and government entities enhance its customer base and service offerings, contributing to its overall financial performance.

International Bancshares Financial Statement Overview

Summary

International Bancshares demonstrates strong financial health with robust revenue and profit growth, effective cost management, and a solid balance sheet. The company maintains a strong cash flow position, although increased debt levels and investing cash outflows should be monitored.

Income Statement

International Bancshares demonstrates strong profitability with consistently high gross and net profit margins over the years. The revenue growth is robust, especially notable from 2022 to 2023. The EBIT and EBITDA margins remain solid, indicating effective cost management. However, there is a slight decline in EBIT margin for TTM, which should be monitored.

Balance Sheet

The company's balance sheet reflects strong equity growth and a manageable debt-to-equity ratio. The return on equity is impressive, highlighting efficient use of shareholders' funds. The equity ratio is stable, suggesting a solid capital structure. However, the increase in total liabilities and net debt in the TTM period warrants attention.

Cash Flow

The cash flow statements reveal consistent free cash flow generation, supporting operational stability. The operating cash flow to net income ratio is healthy, indicating good cash conversion. The free cash flow growth rate is positive, albeit slightly lower in recent periods. There is substantial cash flow from operations, but investing activities require careful management due to significant outflows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04B	1.04B	974.09M	712.91M	620.43M	577.59M
Gross Profit	808.64M	801.84M	798.87M	653.11M	585.64M	493.09M
EBITDA	529.98M	531.24M	545.46M	404.46M	347.36M	240.08M
Net Income	411.89M	409.17M	411.77M	300.23M	253.92M	167.32M
Balance Sheet
Total Assets	16.46B	15.74B	15.07B	15.50B	16.05B	14.03B
Cash, Cash Equivalents and Short-Term Investments	735.12M	5.34B	5.47B	6.51B	7.42B	5.08B
Total Debt	785.46M	654.73M	650.03M	576.78M	1.01B	999.12M
Total Liabilities	13.44B	12.94B	12.62B	13.46B	13.74B	11.85B
Stockholders Equity	3.02B	2.80B	2.45B	2.04B	2.31B	2.18B
Cash Flow
Free Cash Flow	450.81M	459.80M	446.94M	368.73M	281.29M	298.41M
Operating Cash Flow	467.32M	473.95M	474.43M	387.94M	291.68M	305.13M
Investing Cash Flow	-937.25M	-985.06M	-1.07B	-992.03M	-915.89M	-343.70M
Financing Cash Flow	409.69M	212.71M	-843.89M	-517.43M	1.84B	1.78B

International Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 72.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IBOC, the sentiment is Positive. The current price of 72.43 is above the 20-day moving average (MA) of 69.10, above the 50-day MA of 68.01, and above the 200-day MA of 65.03, indicating a bullish trend. The MACD of 0.93 indicates Negative momentum. The RSI at 67.10 is Neutral, neither overbought nor oversold. The STOCH value of 89.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IBOC.

International Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AX	80 Outperform	$5.09B	12.09	17.42%	―	9.00%	-2.90%
ABCB	79 Outperform	$5.01B	12.67	10.46%	1.03%	5.16%	25.95%
AUB	77 Outperform	$5.01B	16.98	5.18%	3.87%	37.25%	-8.67%
Sector *	68 Neutral	$17.69B	11.82	10.30%	3.73%	9.66%	0.42%
BANF	68 Neutral	$4.43B	19.02	14.43%	1.38%	9.63%	15.57%
IBOC	68 Neutral	$4.50B	10.93	14.71%	1.93%	1.99%	2.08%
TFSL	66 Neutral	$3.94B	47.50	4.30%	8.14%	5.76%	2.70%

International Bancshares Corporate Events

International Bancshares Amends By-Laws Affecting Shareholder Rights

On August 6, 2025, International Bancshares Corporation (IBC) amended its By-Laws to require shareholders or groups to own at least three percent of its common stock to initiate derivative proceedings. The amendments also designate specific courts as exclusive forums for legal claims and waive the right to a jury trial for internal claims, impacting shareholder rights and governance.

International Bancshares Announces Semi-Annual Cash Dividend

On August 1, 2025, International Bancshares Corporation announced that its Board of Directors approved a semi-annual cash dividend of seventy cents per share for its shareholders. This decision reflects the company’s commitment to providing returns to its investors and may influence its market positioning by potentially enhancing shareholder value.

International Bancshares Holds Annual Shareholders Meeting

On May 19, 2025, International Bancshares Corporation held its Annual Meeting of Shareholders where several proposals were voted on, including the election of eight directors, the ratification of RSM US LLP as the independent auditor for 2025, and a non-binding advisory resolution on executive compensation. All director nominees were elected, and the proposals regarding the auditor and executive compensation were approved by a majority vote. Additionally, shareholders preferred an annual advisory vote on executive compensation, which the Board of Directors will include in the 2026 meeting.