International Bancshares Corp - Understand $iboc stock

$IBOC Market Cap: $4.432 Billion

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Financial Snapshot

Revenue

$650.4M

TTM

Gross Margin

Net Earnings

$400.5M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$15.89B

Q3 2024

Total Liabilities

$13.14B

Q3 2024

Book Value

$2.749B

Q3 2024

Cash

$779.8M

Q3 2024

P/E

11.07

Nov 13, 2024 EST

Free Cash Flow

$358.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	$800.2M	$525.8M	$398.1M	$427.0M	$492.4M	$465.8M	$415.1M				$363.2M	$375.6M	$418.1M	$458.8M
YoY Change	52.19%	32.07%	-6.77%	-13.28%	5.71%	12.21%					-3.31%	-10.16%	-8.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2013	2012	2011	2010
Revenue	$800.2M	$525.8M	$398.1M	$427.0M	$492.4M	$465.8M	$415.1M	$363.2M	$375.6M	$418.1M	$458.8M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$21.94M	$21.82M	$25.00M	$28.30M	$28.30M	$25.90M	$25.30M	$24.80M	$25.60M	$26.40M	$30.60M	$31.50M	$40.20M	$40.70M	$41.20M	$41.90M	$37.30M	$33.20M	$30.70M	$22.70M	$19.40M	$18.00M	$18.80M	$16.40M	$15.60M	$10.40M	$8.300M	$7.000M	$5.500M	$6.000M
YoY Change	0.56%	-12.72%	-11.66%	0.0%	9.27%	2.37%	2.02%	-3.13%	-3.03%	-13.73%	-2.86%	-21.64%	-1.23%	-1.21%	-1.67%	12.33%	12.35%	8.14%	35.24%	17.01%	7.78%	-4.26%	14.63%	5.13%	50.0%	25.3%	18.57%	27.27%	-8.33%	20.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2013	2012	2011	2010
Interest Expense	$136.7M	$38.16M	$26.83M	$39.12M	$58.63M	$52.67M	$38.93M	$54.63M	$74.50M	$94.30M	$114.0M
YoY Change	258.16%	42.21%	-31.41%	-33.28%	11.32%	35.29%		-26.67%	-21.0%	-17.31%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Pretax Income	$523.5M	$382.6M	$322.3M	$211.8M	$260.0M	$272.6M	$221.6M	$197.0M	$206.8M	$229.9M	$182.6M	$158.4M	$191.2M	$201.0M	$220.7M	$201.6M	$177.1M	$173.9M	$212.1M	$176.9M	$182.6M	$159.8M	$125.1M	$108.6M	$103.1M	$78.30M	$73.70M	$64.50M	$58.40M	$51.30M
YoY Change	36.82%	18.71%	52.21%	-18.54%	-4.63%	22.98%	12.51%	-4.74%	-10.05%	25.91%	15.27%	-17.17%	-4.85%	-8.94%	9.47%	13.83%	1.84%	-18.01%	19.9%	-3.12%	14.27%	27.74%	15.19%	5.33%	31.67%	6.24%	14.26%	10.45%	13.84%	22.73%
Income Tax	$111.7M	$82.41M	$68.41M	$44.44M	$54.85M	$56.65M	$64.21M	$63.10M	$70.10M	$76.80M	$56.24M	$50.57M	$64.08M	$70.96M	$78.00M	$69.50M	$55.80M	$56.90M	$71.40M	$57.90M	$60.40M	$54.00M	$41.70M	$33.40M	$36.90M	$24.60M	$24.80M	$20.20M	$18.30M	$13.40M
% Of Pretax Income	21.35%	21.54%	21.22%	20.99%	21.1%	20.78%	28.97%	32.03%	33.9%	33.41%	30.8%	31.92%	33.51%	35.31%	35.34%	34.47%	31.51%	32.72%	33.66%	32.73%	33.08%	33.79%	33.33%	30.76%	35.79%	31.42%	33.65%	31.32%	31.34%	26.12%
Net Earnings	$411.8M	$300.2M	$253.9M	$167.3M	$205.1M	$215.9M	$157.4M	$133.9M	$136.7M	$153.2M	$126.4M	$107.8M	$127.1M	$130.0M	$142.7M	$132.1M	$121.3M	$117.0M	$140.8M	$119.0M	$122.1M	$100.6M	$83.30M	$75.20M	$66.20M	$53.70M	$48.90M	$44.40M	$40.10M	$37.90M
YoY Change	37.15%	18.24%	51.76%	-18.42%	-5.01%	37.15%	17.58%	-2.05%	-10.77%	21.25%	17.17%	-15.19%	-2.21%	-8.88%	8.02%	8.9%	3.68%	-16.9%	18.32%	-2.54%	21.37%	20.77%	10.77%	13.6%	23.28%	9.82%	10.14%	10.72%	5.8%	18.81%
Net Earnings / Revenue	51.46%	57.1%	63.78%	39.18%	41.65%	46.35%	37.92%				34.79%	28.71%	30.41%	28.34%
Basic Earnings Per Share	$6.63	$4.79	$4.01	$2.63	$3.13	$3.27	$2.38				$1.88	$1.39	$1.69	$1.72
Diluted Earnings Per Share	$6.62	$4.78	$4.00	$2.62	$3.12	$3.24	$2.36	$2.020M	$2.053M	$2.283M	$1.88	$1.39	$1.69	$1.72	$2.086M	$1.923M	$1.748M	$1.667M	$1.986M	$1.707M	$1.801M	$1.433M	$1.151M	$1.033M	$887.4K	$708.4K	$705.6K	$650.1K	$602.1K	$508.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$437.1M	$431.6M	$447.0M	$480.0M	$507.0M	$507.0M	$514.0M	$528.0M	$517.0M	$526.0M	$505.0M	$481.0M	$453.0M	$469.0M	$490.0M	$466.0M	$436.0M	$390.0M	$352.0M	$302.0M	$221.0M	$185.0M	$190.0M	$156.0M	$145.0M	$138.0M	$130.0M	$94.00M	$80.00M	$71.00M
YoY Change	1.27%	-3.44%	-6.88%	-5.33%	0.0%	-1.36%	-2.65%	2.13%	-1.71%	4.16%	4.99%	6.18%	-3.41%	-4.29%	5.15%	6.88%	11.79%	10.8%	16.56%	36.65%	19.46%	-2.63%	21.79%	7.59%	5.07%	6.15%	38.3%	17.5%	12.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$55.56M	$98.62M									$64.00M
YoY Change	-43.67%
Total Long-Term Assets
YoY Change
Total Assets	$15.07B	$15.50B	$16.05B	$14.03B	$12.11B	$11.87B	$12.19B	$11.80B	$11.77B	$12.20B	$12.08B	$11.88B	$11.74B	$11.94B	$11.76B	$12.44B	$11.17B	$10.91B	$10.39B	$9.922B	$6.578B	$6.496B	$6.381B	$5.861B	$5.422B	$4.988B	$4.518B	$3.351B	$2.936B	$2.659B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$530.4M	$431.2M	$440.0M	$428.0M	$237.0M	$230.0M	$343.0M	$203.0M	$278.0M	$858.0M	$246.0M	$1.130B	$1.349B	$1.433B	$1.442B	$1.441B	$1.329B	$706.0M	$761.0M	$620.0M	$501.0M	$458.0M	$715.0M	$230.0M	$124.0M	$136.0M	$478.0M	$148.0M	$463.0M	$284.0M
YoY Change	23.01%	-2.0%	2.8%	80.59%	3.04%	-32.94%	68.97%	-26.98%	-67.6%	248.78%	-78.23%	-16.23%	-5.86%	-0.62%	0.07%	8.43%	88.24%	-7.23%	22.74%	23.75%	9.39%	-35.94%	210.87%	85.48%	-8.82%	-71.55%	222.97%	-68.03%	63.03%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$530.4M	$431.2M	$440.0M	$428.0M	$237.0M	$230.0M	$343.0M	$203.0M	$278.0M	$858.0M	$246.0M	$1.130B	$1.349B	$1.433B	$1.442B	$1.441B	$1.329B	$706.0M	$761.0M	$620.0M	$501.0M	$458.0M	$715.0M	$230.0M	$124.0M	$136.0M	$478.0M	$148.0M	$463.0M	$284.0M
YoY Change	23.01%	-2.0%	2.8%	80.59%	3.04%	-32.94%	68.97%	-26.98%	-67.6%	248.78%	-78.23%	-16.23%	-5.86%	-0.62%	0.07%	8.43%	88.24%	-7.23%	22.74%	23.75%	9.39%	-35.94%	210.87%	85.48%	-8.82%	-71.55%	222.97%	-68.03%	63.03%
Long-Term Debt	$108.9M	$134.6M	$135.0M	$135.0M	$135.0M	$160.0M	$171.0M	$462.0M	$711.0M	$175.0M	$902.0M	$191.0M	$191.0M	$201.0M	$201.0M	$201.0M	$201.0M	$211.0M	$236.0M	$235.0M	$172.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-19.14%	-0.27%	0.0%	0.0%	-15.63%	-6.43%	-62.99%	-35.02%	306.29%	-80.6%	372.25%	0.0%	-4.98%	0.0%	0.0%	0.0%	-4.74%	-10.59%	0.43%	36.63%
Other Long-Term Liabilities	$143.8M	$219.9M	$97.00M	$107.0M	$147.0M	$135.0M	$86.00M	$69.00M	$86.00M	$85.00M	-$11.00M	$90.00M	$160.0M	$224.0M	$187.0M	$158.0M	$87.00M	$67.00M	$75.00M	$72.00M	$46.00M	$65.00M	$60.00M	$37.00M	$37.00M	$38.00M	$33.00M	$18.00M	$17.00M	$12.00M
YoY Change	-34.6%	126.74%	-9.35%	-27.21%	8.89%	56.98%	24.64%	-19.77%	1.18%	-872.73%	-112.22%	-43.75%	-28.57%	19.79%	18.35%	81.61%	29.85%	-10.67%	4.17%	56.52%	-29.23%	8.33%	62.16%	0.0%	-2.63%	15.15%	83.33%	5.88%	41.67%
Total Long-Term Liabilities	$252.7M	$354.6M	$232.0M	$242.0M	$282.0M	$295.0M	$257.0M	$531.0M	$797.0M	$260.0M	$891.0M	$281.0M	$351.0M	$425.0M	$388.0M	$359.0M	$288.0M	$278.0M	$311.0M	$307.0M	$218.0M	$65.00M	$60.00M	$37.00M	$37.00M	$38.00M	$33.00M	$18.00M	$17.00M	$12.00M
YoY Change	-28.73%	52.83%	-4.13%	-14.18%	-4.41%	14.79%	-51.6%	-33.38%	206.54%	-70.82%	217.08%	-19.94%	-17.41%	9.54%	8.08%	24.65%	3.6%	-10.61%	1.3%	40.83%	235.38%	8.33%	62.16%	0.0%	-2.63%	15.15%	83.33%	5.88%	41.67%
Total Liabilities	$12.62B	$13.46B	$13.74B	$11.85B	$9.995B	$9.932B	$10.35B	$10.08B	$10.11B	$10.62B	$10.66B	$10.45B	$10.14B	$10.48B	$10.36B	$11.18B	$10.23B	$10.07B	$9.599B	$9.168B	$6.001B	$5.948B	$5.884B	$5.444B	$5.068B	$4.618B	$4.177B	$3.067B	$2.690B	$2.481B
YoY Change	-6.23%	-2.05%	15.92%	18.57%	0.63%	-4.0%	2.65%	-0.28%	-4.79%	-0.37%	1.99%	3.04%	-3.29%	1.25%	-7.4%	9.3%	1.61%	4.9%	4.7%	52.77%	0.89%	1.09%	8.08%	7.42%	9.74%	10.56%	36.19%	14.01%	8.42%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	62.08M	62.66M	63.35M	63.73M	65.48M	66.11M	66.05M	65.97M	66.41M	66.87M	67.20M shares	67.24M shares	67.51M shares	67.92M shares
Diluted Shares Outstanding	62.22M	62.81M	63.49M	63.85M	65.69M	66.63M	66.78M				67.31M shares	67.31M shares	67.57M shares	68.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.432 Billion

About International Bancshares Corp

International Bancshares Corp. is a financial holding company, which provides banking services for commercial, consumer, and international customers of South, Central, and Southeast Texas and the State of Oklahoma. The company is headquartered in Laredo, Texas and currently employs 2,062 full-time employees. The firm is engaged in providing a diversified range of commercial and retail banking services in its main banking and branch facilities located in north, south, central, and southeast Texas and the State of Oklahoma. The Company, through its subsidiary banks, is engaged in the business of accepting checking and savings deposits and the making of commercial, real estate, personal, home improvement, automobile and other installment and term loans. Its international banking business includes providing letters of credit, making commercial and industrial loans, and providing foreign-exchange services. The firm offers IBC Bank Online, an internet banking product that provides customers with online access to banking information and services, as well as IBC Mobile Banking, which provides users with banking access from their mobile devices. The firm has 256 automated teller machines (ATMs).

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