NasdaqGS:IBOC

Stock Analysis Report

International Bancshares

Executive Summary

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • International Bancshares is not covered by any analysts.

Similar Companies

Share Price & News

How has International Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.6%

NasdaqGS:IBOC

3.4%

US Banks

1.1%

US Market


1 Year Return

-14.8%

NasdaqGS:IBOC

-3.7%

US Banks

2.1%

US Market

IBOC underperformed the Banks industry which returned -3.7% over the past year.

IBOC underperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

IBOCIndustryMarket
7 Day4.6%3.4%1.1%
30 Day16.6%9.7%3.7%
90 Day6.1%5.1%2.3%
1 Year-12.8%-14.8%-1.0%-3.7%4.4%2.1%
3 Year44.0%35.7%56.1%45.4%47.0%37.4%
5 Year71.3%54.2%63.5%45.7%61.6%43.8%

Price Volatility Vs. Market

How volatile is International Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is International Bancshares undervalued based on future cash flows and its price relative to the stock market?

12.41x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

International Bancshares's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

International Bancshares's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

International Bancshares is good value based on earnings compared to the US Banks industry average.

International Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for International Bancshares, we can't assess if its growth is good value.


Price Based on Value of Assets

International Bancshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is International Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if International Bancshares is high growth as no revenue estimate data is available.

International Bancshares's earnings are expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).

Unable to compare International Bancshares's revenue growth to the United States of America market average as no estimate data is available.

International Bancshares's earnings growth is positive but not above the United States of America market average.

International Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if International Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has International Bancshares performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

International Bancshares's year on year earnings growth rate has been positive over the past 5 years.

International Bancshares's 1-year earnings growth exceeds its 5-year average (10.7% vs 8.8%)

International Bancshares's earnings growth has not exceeded the US Banks industry average in the past year (10.7% vs 31.7%).


Return on Equity

International Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

International Bancshares used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if International Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is International Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

International Bancshares has an acceptable proportion of non-loan assets held.

International Bancshares has a sufficient allowance for bad loans.

International Bancshares's liabilities are made up of primarily low risk sources of funding.

International Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at International Bancshares are broadly funded by customer deposits.

International Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is International Bancshares's current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield and Payments Analysis

International Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

International Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of International Bancshares's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average management tenure


CEO

Dennis Nixon (76yo)

40.7yrs

Tenure

US$6,095,279

Compensation

Mr. Dennis Edward Nixon serves as Chief Executive Officer at International Bancshares Corporation and has been its President since 1979 and Chairman since 1992 and also served as its Chief Financial Office ...


CEO Compensation Analysis

Dennis's remuneration is about average for companies of similar size in United States of America.

Dennis's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

6.9yrs

Average Tenure

58.5yo

Average Age

The average tenure for the International Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.1yrs

Average Tenure

74yo

Average Age

The tenure for the International Bancshares board of directors is about average.


Insider Trading

More shares have been bought than sold by International Bancshares individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$312,83216 Aug 19
Javier de Anda
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,533
Max PriceUS$32.83
BuyUS$129,61016 Aug 19
Roberto Reséndez
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000
Max PriceUS$32.40
BuyUS$111,00017 Jun 19
Roberto Reséndez
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$37.00
BuyUS$72,85011 Jun 19
Roberto Reséndez
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$36.45

Ownership Breakdown


Management Team

  • Dennis Nixon (76yo)

    Chairman

    • Tenure: 40.7yrs
    • Compensation: US$6.10m
  • Marisa Santos

    Corporate Secretary

    • Tenure: 0yrs
  • Bob Barnes

    CEO & President of Intl. Bank of Commerce - Austin

    • Tenure: 0yrs
  • Dalia Martinez (68yo)

    Executive VP

    • Tenure: 0yrs
  • Judy Wawroski (44yo)

    Executive VP

    • Tenure: 1.8yrs
    • Compensation: US$253.48k
  • Mike Sohn

    CEO & President of International Bank of Commerce - San Antonio

    • Tenure: 7yrs
  • Derek Schmidt

    CEO & President of International Bank of Commerce - Port Lavaca

    • Tenure: 6.8yrs
  • Julie Tarvin (49yo)

    President of IBC Services Administration in San Antonio

    • Tenure: 0yrs
    • Compensation: US$256.47k
  • Rosa Eliza Gonzalez

    Executive Vice President of Corporate Divisions

    • Tenure: 0yrs
  • Ron Buckley

    Senior Vice President

    • Tenure: 0yrs

Board Members

  • Dennis Nixon (76yo)

    Chairman

    • Tenure: 40.7yrs
    • Compensation: US$6.10m
  • Antonio Sanchez (76yo)

    Director

    • Tenure: 24.7yrs
    • Compensation: US$11.00k
  • Irving Greenblum (89yo)

    Director

    • Tenure: 38.7yrs
    • Compensation: US$24.50k
  • Doug Howland (68yo)

    Director

    • Tenure: 9.1yrs
    • Compensation: US$28.20k
  • Renato Ramirez (79yo)

    Chairman of Intl. Bank of Commerce - Zapata & CEO of Intl. Bank of Commerce - Zapata

    • Tenure: 0yrs
  • Richard Bothe

    Chairman of the Bank-Port Lavaca

    • Tenure: 6.8yrs
  • Larry Norton (72yo)

    Director

    • Tenure: 9.1yrs
    • Compensation: US$27.50k
  • Javier de Anda (67yo)

    Director

    • Tenure: 4yrs
    • Compensation: US$23.00k
  • Roberto Reséndez (69yo)

    Director

    • Tenure: 4yrs
    • Compensation: US$26.40k
  • Rudolph Miles

    Director

    • Tenure: 0.08yrs

Company Information

International Bancshares Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Bancshares Corporation
  • Ticker: IBOC
  • Exchange: NasdaqGS
  • Founded: 1966
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.616b
  • Shares outstanding: 65.66m
  • Website: https://www.ibc.com

Number of Employees


Location

  • International Bancshares Corporation
  • 1200 San Bernardo Avenue
  • Laredo
  • Texas
  • 78042
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IBOCNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDAug 1995
IB4DB (Deutsche Boerse AG)YesCommon SharesDEEURAug 1995

Biography

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, ho ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:35
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.