IBOC International Bancshares Dashboard

IBC Bank and Commerce Bank are divisions of International Bancshares Corporation, a $13.6 billion multi-bank financial holding company headquartered in Laredo, Texas, with 187 facilities and 281 ATMs serving 88 communities in Texas and Oklahoma. IBC Bank's slogan 'We Do More' reflects the bank's dedication to the growth and success of the customers and the communities it has been serving since 1966.

Company profile

Ticker

IBOC

Exchange

NASDAQ

Website

www.ibc.com

CEO

Dennis E. Nixon

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • M & T Bank • Popular • Ally Financial • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000315709

Corporate docs

Articles of Incorporation & Bylaws

IRS number

742157138

IBOC stock data

S&P 500

1M 1Y 2Y 5Y

Press releases

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Forbes Gives High Ranks to IBC Bank

21 Jul 21

International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today announced its subsidiary banks received top honors by Forbes Magazine, according to an article

IBC Reports Strong First Quarter 2021 Earnings

6 May 21

International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2021 was approximately $50.8 million or

Calendar

6 May 21

3 Aug 21

31 Dec 21

Financial summary

Financial statements Chart IBOC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.97B	1.97B	1.97B	1.97B	1.97B	1.97B
Cash burn (monthly)	9.82M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	40.59M	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.93B	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	196.2	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

IBOC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
7 Jul 21	Dennis E Nixon	COMMON STOCK	Gift	Dispose G	No	No	0	6,498	0	2,059,932
11 Mar 21	Sanchez Antonio R JR	COMMON STOCK	Other	Dispose J	Yes	No	0	130,000	0	1,646,245
4 Mar 21	Judith I Wawroski	COMMON STOCK	Option exercise	Aquire M	No	No	21.42	750	16.07K	8,235
4 Mar 21	Judith I Wawroski	EMPLOYEE STOCK OPTION COMMON STOCK	Option exercise	Dispose M	No	No	21.42	750	16.07K	0
1 Mar 21	Dennis E Nixon	COMMON STOCK	Gift	Aquire G	Yes	No	0	755	0	281,968
1 Mar 21	Dennis E Nixon	COMMON STOCK	Gift	Dispose G	No	No	0	755	0	2,066,430
6 Jan 21	Dennis E Nixon	COMMON STOCK	Gift	Aquire G	Yes	No	0	105,000	0	281,213
6 Jan 21	Dennis E Nixon	COMMON STOCK	Gift	Aquire G	No	No	0	105,000	0	2,067,185

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

Institutional ownership Q1 2021

IBOC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

62.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	178	166	+7.2%
Opened positions	28	21	+33.3%
Closed positions	16	26	-38.5%
Increased positions	48	51	-5.9%
Reduced positions	79	73	+8.2%

13F shares	Current	Prev Q	Change
Total value	3.21B	1.47B	+118.0%
Total shares	39.25M	39.27M	-0.1%
Total puts	0	0
Total calls	5.3K	7.8K	-32.1%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	6.71M	$311.3M	+7.6%
Vanguard	5.95M	$276.26M	+2.0%
Dimensional Fund Advisors	4.42M	$205.82M	-2.9%
Wellington Management	2.07M	$96.02M	+11.2%
STT State Street	1.95M	$90.48M	+8.2%
Polaris Capital Management	1.27M	$62.06M	-10.2%
Geode Capital Management	1.06M	$49.34M	+9.2%
Charles Schwab Investment Management	1.04M	$48.43M	-5.0%
NTRS Northern Trust	957.73K	$44.46M	-17.1%
Azora Capital	868.66K	$40.32M	+27.4%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-782.56K	EXIT
BLK Blackrock	6.71M	+473.68K	+7.6%
Kennedy Capital Management	403.32K	+403.32K	NEW
Wellington Management	2.07M	+208.61K	+11.2%
NTRS Northern Trust	957.73K	-197.45K	-17.1%
Azora Capital	868.66K	+186.8K	+27.4%
GS Goldman Sachs	846.03K	-156.39K	-15.6%
STT State Street	1.95M	+148.5K	+8.2%
Polaris Capital Management	1.27M	-144.5K	-10.2%
Balyasny Asset Management	336.67K	+134.82K	+66.8%

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

New words: constant, dividend, February, goal, lifted, merchant, ownership, payoff, reauthorized, slightly, stabilized

Removed: administrative, Amortization, applied, assume, bankruptcy, boost, capitalizing, car, commencement, comparative, competitive, contingency, court, dealership, debtor, dedicated, detail, deteriorated, disaster, discontinued, disrupted, earliest, electronic, entered, evaluate, experienced, fulfill, grocery, hand, higher, impair, inadequate, infection, lead, lease, leasing, light, manner, mitigate, mitigation, mobile, modified, month, multiple, obligation, occupy, October, opening, operated, operation, planned, possession, prolonged, promoting, proposal, prove, recognize, recommended, remaining, responsibility, retrospective, role, scale, securing, shopping, sponsor, successfully, sustained, ultimately, unchanged, unexpectedly, unpaid, unsuccessful, washing, wearing

From filing 10-Q 2021 Q1