IBOC 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. It engages in the business of banking, including the acceptance of checking and savings deposits and the making of commercial, real estate, personal, home improvement, automobile and other installment and term loans. It also offers other related services, such as credit cards, travelers' checks, safety deposit, collection, notary public, escrow, drive-up and walk-up facilities and other customary banking services. The company was founded in 1979 and is headquartered in Laredo, TX.

Company profile

Ticker

IBOC

Exchange

NASDAQ

Website

www.ibc.com

CEO

Dennis E. Nixon

Incorporated in

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Finance > Regional Banks

Industry (SEC)

State Commercial Banks

Bank Of New York Mellon • Citizens Financial • Northern Trust • M&T Bank • State Street • Ally Financial • Popular • First Citizens BancShares • East West Bancorp • Commerce Bancshares ...

SEC CIK

0000315709

Corporate docs

Articles of Incorporation & Bylaws

IRS number

742157138

IBOC stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

7 May 20

11 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart IBOC financial data

Quarter (USD)	Mar 20	Sep 19	Jun 19	Mar 19
Revenue	116.61M	124.12M	126.86M	124.06M
Net income	34.84M	51.44M	50.02M	51.91M
Diluted EPS	0.53	0.78	0.76	0.79
Net profit margin	29.88%	41.45%	39.43%	41.84%
Net change in cash	68.19M	-34.6M	-28.05M	32.37M
Cash on hand	354.71M	286.52M	321.12M	349.16M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	465.82M	415.14M	387.91M	396.75M
Net income	215.93M	157.44M	133.93M	136.73M
Diluted EPS	3.24	2.36	2.02	2.05
Net profit margin	46.35%	37.92%	34.53%	34.46%
Net change in cash	51.44M	-3.84M	-3.86M	17.91M
Cash on hand	316.8M	265.36M	269.2M	273.05M

Financial data from company earnings reports

Recent insider trades

IBOC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
5 Jun 20	Dennis E Nixon	COMMON STOCK	Gift	Dispose G	No	0	300,000	0	1,963,145
11 Mar 20	Miles Rudolph	COMMON STOCK	Buy	Aquire P	No	27.7	366	10.14K	3,939
10 Mar 20	Miles Rudolph	COMMON STOCK	Buy	Aquire P	No	27.6951	1,634	45.25K	3,573
10 Mar 20	De Anda Javier	COMMON SOTCK	Buy	Aquire P	No	28.04	5,000	140.2K	10,000
10 Mar 20	De Anda Javier	COMMON STOCK	Buy	Aquire P	No	28.15	2,144	60.35K	18,874
27 Feb 20	Dennis E Nixon	COMMON STOCK	Gift	Aquire G	No	0	857	0	175,253
27 Feb 20	Dennis E Nixon	COMMON STOCK	Gift	Dispose G	No	0	857	0	2,263,145
7 Jan 20	Dennis E Nixon	COMMON STOCK	Gift	Dispose G	No	0	6,363	0	2,264,002

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

IBOC institutional ownership history Ownership history

58.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	161	183	-12.0%
Opened positions	14	27	-48.1%
Closed positions	36	18	+100.0%
Increased positions	56	55	+1.8%
Reduced positions	61	69	-11.6%

13F shares	Current	Prev Q	Change
Total value	3.1B	5.92B	-47.7%
Total shares	37.83M	40.23M	-6.0%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK BlackRock	6.55M	$176.14M	-2.5%
Vanguard	5.86M	$157.59M	+4.2%
Dimensional Fund Advisors	4.79M	$128.68M	-0.5%
STT State Street	2M	$54.94M	+1.7%
Wellington Management	1.89M	$50.72M	+2.6%
Polaris Capital Management	1.27M	$34.24M	-0.2%
NTRS Northern Trust	1.23M	$33.18M	-0.0%
Geode Capital Management	983.51K	$26.44M	+4.5%
BK Bank Of New York Mellon	770.12K	$20.7M	-2.2%
GS The Goldman Sachs Group, Inc.	744.97K	$20.03M	-8.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-878.5K	EXIT
Millennium Management	362.96K	-696.51K	-65.7%
Balyasny Asset Management	0	-310.12K	EXIT
Vanguard	5.86M	+233.92K	+4.2%
Panagora Asset Management	315.93K	-219.24K	-41.0%
Foundry Partners	138.94K	-194.59K	-58.3%
BLK BlackRock	6.55M	-169.52K	-2.5%
Renaissance Technologies	239.24K	+131.84K	+122.8%
D. E. Shaw & Co.	315.97K	+119.32K	+60.7%
PRU Prudential Financial	258.9K	-101.17K	-28.1%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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Removed: acceptable, accruing, added, area, character, competence, confident, congressional, consent, consolidation, dissolved, downturn, eliminated, factor, function, gain, guarantor, incorporated, installment, percentage, receipt, reclassification, revamp, segregating, Substandard, suffer, uncertainty, vii

From filing 10-Q 2020 Q1