NASDAQ : IBOC
International Bancshares Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 66.86 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.16B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 697.15M | 699.87M | 681.28M | 620.05M | 402.18M | 359.21M |
| Interest Income on Investments | 188.53M | 186.40M | 184.70M | 180.11M | 123.60M | 38.89M |
| Total Interest Income | 885.68M | 886.27M | 865.98M | 800.16M | 525.78M | 398.10M |
| Interest Paid on Deposits | 179.55M | 185.84M | 178.88M | 113.50M | 23.84M | 15.77M |
| Interest Paid on Borrowings | 25.70M | 28.02M | 30.38M | 23.17M | 14.31M | 11.07M |
| Total Interest Expense | 205.24M | 213.85M | 209.26M | 136.66M | 38.16M | 26.83M |
| Net Interest Income | 680.44M | 672.42M | 656.72M | 663.50M | 487.62M | 371.27M |
| Gain (Loss) on Sale of Investments | 12.29M | 6.91M | 13.13M | 9.60M | 17.54M | 68.79M |
| Other Non-Interest Income | 89.75M | 88.53M | 90.08M | 86.41M | 96.81M | 87.33M |
| Total Non-Interest Income | 178.63M | 169.75M | 176.92M | 169.94M | 187.13M | 222.33M |
| Revenues Before Loan Losses | 859.07M | 842.17M | 833.64M | 833.44M | 674.76M | 593.60M |
| Provision for Loan Losses | 21.49M | 15.09M | 31.80M | 34.58M | 21.65M | 7.96M |
| Revenue | 837.57M | 827.08M | 801.84M | 798.87M | 653.11M | 585.64M |
| Salaries and Employee Benefits | 156.47M | 153.24M | 145.73M | 134.11M | 127.27M | 122.97M |
| Occupancy Expenses | 24.65M | 23.35M | 22.52M | 21.94M | 21.82M | 25.03M |
| Federal Deposit Insurance | 7.29M | 7.15M | 6.87M | 6.29M | 6.99M | 4.39M |
| Selling, General & Administrative | 70.84M | 71.31M | 70.33M | 65.22M | 57.25M | 56.40M |
| Other Non-Interest Expense | 53.10M | 49.28M | 46.37M | 51.78M | 57.01M | 49.45M |
| Total Non-Interest Expense | 313.80M | 306.72M | 293.12M | 275.35M | 270.47M | 263.32M |
| EBT Excluding Unusual Items | 523.78M | 520.36M | 508.72M | 523.51M | 382.64M | 322.33M |
| Pretax Income | 523.78M | 520.36M | 508.72M | 523.51M | 382.64M | 322.33M |
| Income Tax Expense | 110.52M | 108.07M | 99.55M | 111.74M | 82.41M | 68.41M |
| Net Income | 413.26M | 412.29M | 409.17M | 411.77M | 300.23M | 253.92M |
| Net Income to Common | 413.26M | 412.29M | 409.17M | 411.77M | 300.23M | 253.92M |
| Basic Shares Outstanding | 62.17M | 62.17M | 62.18M | 62.08M | 62.66M | 63.35M |
| Diluted Shares Outstanding | 62.25M | 62.26M | 62.30M | 62.22M | 62.81M | 63.49M |
| EPS (Basic) | 6.65 | 6.63 | 6.58 | 6.63 | 4.79 | 4.01 |
| EPS (Diluted) | 6.64 | 6.62 | 6.57 | 6.62 | 4.78 | 4.00 |
| Dividend Per Share | 1.43 | 1.40 | 1.32 | 1.26 | 1.20 | 1.15 |
| Effective Tax Rate | 21.10% | 20.77% | 19.57% | 21.34% | 21.54% | 21.22% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 451.16M | 536.49M | 352.65M | 651.06M | 2.09B | 3.21B |
| Investment Securities | 572.74M | 593.98M | 519.27M | 514.51M | 576.25M | 350.92M |
| Mortgage-Backed Securities | 4.95B | 4.83B | 4.84B | 4.66B | 4.21B | 4.17B |
| Total Investments | 5.53B | 5.42B | 5.35B | 5.17B | 4.79B | 4.52B |
| Gross Loans | 9.86B | 9.46B | 8.81B | 8.06B | 7.43B | 7.21B |
| Allowance for Loan Losses | -170.01M | -159.17M | -156.54M | -157.07M | -125.97M | -110.37M |
| Net Loans | 9.69B | 9.30B | 8.65B | 7.90B | 7.30B | 7.10B |
| Property, Plant & Equipment | 420.94M | 422.99M | 428.22M | 437.09M | 431.61M | 447.08M |
| Goodwill | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M |
| Accrued Interest Receivable | 77.75M | 72.43M | 72.17M | 65.30M | 45.79M | 30.59M |
| Long-Term Deferred Tax Assets | 10.66M | 61.56M | 55.56M | 98.62M | ||
| Other Real Estate Owned & Foreclosed | 76.00K | 19.66M | 28.55M | 26.96M | 34.78M | 40.13M |
| Other Long-Term Assets | 569.61M | 505.76M | 505.43M | 471.18M | 430.32M | 417.60M |
| Total Assets | 17.02B | 16.58B | 15.74B | 15.07B | 15.50B | 16.05B |
| Interest Bearing Deposits | 8.26B | 5.40B | 5.23B | 4.93B | 5.27B | 5.12B |
| Institutional Deposits | 2.55B | 2.27B | 1.87B | 1.54B | 1.66B | |
| Non-Interest Bearing Deposits | 4.47B | 4.49B | 4.61B | 5.03B | 5.85B | 5.84B |
| Total Deposits | 12.74B | 12.44B | 12.11B | 11.82B | 12.66B | 12.62B |
| Short-Term Borrowings | 572.89M | 523.15M | 518.65M | 419.70M | 428.24M | |
| Current Portion of Long-Term Debt | 720.79M | 121.52M | 12.17M | 11.77M | 11.49M | 11.44M |
| Current Portion of Leases | 2.53M | |||||
| Federal Home Loan Bank Debt, Long-Term | 10.22M | 10.33M | 10.54M | 10.74M | 10.94M | 436.14M |
| Long-Term Leases | 7.21M | |||||
| Trust Preferred Securities | 108.87M | 108.87M | 134.64M | 134.64M | ||
| Long-Term Deferred Tax Liabilities | 12.40M | |||||
| Other Long-Term Liabilities | 179.58M | 173.70M | 175.57M | 143.83M | 219.93M | 97.03M |
| Total Liabilities | 13.65B | 13.32B | 12.94B | 12.62B | 13.46B | 13.74B |
| Common Stock | 96.68M | 96.66M | 96.62M | 96.47M | 96.42M | 96.35M |
| Additional Paid-In Capital | 161.62M | 160.86M | 159.33M | 155.51M | 154.06M | 152.14M |
| Retained Earnings | 3.83B | 3.68B | 3.36B | 3.03B | 2.70B | 2.47B |
| Treasury Stock | -441.13M | -440.97M | -436.37M | -435.40M | -430.79M | -378.74M |
| Comprehensive Income & Other | -275.88M | -246.32M | -379.05M | -397.89M | -470.50M | -31.98M |
| Shareholders' Equity | 3.38B | 3.25B | 2.80B | 2.45B | 2.04B | 2.31B |
| Total Liabilities & Equity | 17.02B | 16.58B | 15.74B | 15.07B | 15.50B | 16.05B |
| Total Debt | 731.02M | 714.49M | 654.73M | 650.03M | 576.78M | 1.01B |
| Net Cash (Debt) | -279.86M | -178.00M | -302.08M | 1.03M | 1.51B | 2.20B |
| Net Cash Per Share | -4.50 | -2.86 | -4.85 | 0.02 | 24.06 | 34.63 |
| Filing Date Shares Outstanding | 62.19M | 62.18M | 62.22M | 62.17M | 62.14M | 63.38M |
| Total Common Shares Outstanding | 62.19M | 62.17M | 62.21M | 62.08M | 62.14M | 63.37M |
| Book Value Per Share | 54.28 | 52.30 | 44.96 | 39.43 | 32.90 | 36.43 |
| Tangible Book Value | 3.09B | 2.97B | 2.51B | 2.17B | 1.76B | 2.03B |
| Tangible Book Value Per Share | 49.73 | 47.76 | 40.41 | 34.88 | 28.36 | 31.97 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 413.26M | 412.29M | 409.17M | 411.77M | 300.23M | 253.92M |
| Depreciation & Amortization | 24.65M | 23.35M | 22.52M | 21.94M | 21.82M | 25.03M |
| Gain (Loss) on Sale of Assets | -12.00K | 495.00K | -196.00K | -7.57M | -5.21M | 431.00K |
| Gain (Loss) on Sale of Investments | -1.81M | -240.00K | 2.56M | 4.93M | 12.84M | 35.82M |
| Total Asset Writedown | 1.30M | 1.30M | 632.00K | 2.54M | 1.63M | 2.65M |
| Provision for Credit Losses | 21.49M | 15.09M | 31.80M | 34.58M | 21.65M | 7.96M |
| Accrued Interest Receivable | -2.90M | -255.00K | -6.87M | -19.52M | -15.19M | 7.29M |
| Change in Other Net Operating Assets | 8.60M | 30.36M | 32.95M | 3.46M | 54.99M | 19.70M |
| Other Operating Activities | 13.69M | 14.07M | -11.47M | 22.95M | 10.62M | 6.41M |
| Operating Cash Flow | 470.05M | 491.06M | 473.95M | 474.43M | 387.94M | 291.68M |
| Capital Expenditures | -17.23M | -18.12M | -14.15M | -27.50M | -19.21M | -10.39M |
| Sale of Property, Plant and Equipment | 59.00K | 23.00K | 874.00K | 269.00K | 13.50M | 11.45M |
| Investment in Securities | -164.72M | 60.22M | -193.08M | -428.06M | -775.83M | -1.30B |
| Income (Loss) Equity Investments | -8.28M | -5.50M | -7.36M | -983.00K | -15.89M | -68.03M |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -731.13M | -664.75M | -812.48M | -632.98M | -228.34M | 309.57M |
| Other Investing Activities | 36.47M | 21.90M | 32.01M | 12.18M | 8.89M | 63.36M |
| Investing Cash Flow | -870.05M | -591.69M | -985.06M | -1.07B | -992.03M | -915.89M |
| Short-Term Debt Issued | 50.22M | 4.91M | 99.22M | 11.52M | ||
| Total Debt Issued | -54.12M | 50.22M | 4.91M | 99.22M | 11.52M | |
| Short-Term Debt Repaid | -8.48M | |||||
| Long-Term Debt Repaid | -209.00K | -204.00K | -25.97M | -425.19M | -189.00K | |
| Total Debt Repaid | -316.00K | -209.00K | -204.00K | -25.97M | -433.68M | -189.00K |
| Net Debt Issued (Repaid) | -54.44M | 50.01M | 4.70M | 73.25M | -433.68M | 11.34M |
| Issuance of Common Stock | 1.42M | 1.47M | 3.76M | 1.17M | 1.54M | 2.41M |
| Repurchase of Common Stock | -219.00K | -4.61M | -963.00K | -4.61M | -52.05M | -716.00K |
| Common Dividends Paid | -88.90M | -87.06M | -82.08M | -78.25M | -75.38M | -72.84M |
| Net Increase (Decrease) in Deposit Accounts | 261.38M | 324.66M | 287.29M | -835.45M | 42.13M | 1.90B |
| Financing Cash Flow | 119.24M | 284.47M | 212.71M | -843.89M | -517.43M | 1.84B |
| Net Cash Flow | -280.76M | 183.84M | -298.41M | -1.44B | -1.12B | 1.21B |
| Free Cash Flow | 452.82M | 472.94M | 459.80M | 446.94M | 368.73M | 281.29M |
| Free Cash Flow Margin | 54.06% | 57.18% | 57.34% | 55.95% | 56.46% | 48.03% |
| Free Cash Flow Per Share | 7.27 | 7.60 | 7.38 | 7.18 | 5.87 | 4.43 |
| Cash Interest Paid | 207.75M | 216.60M | 201.83M | 117.94M | 36.35M | 29.01M |
| Cash Income Tax Paid | 66.07M | 69.67M | 51.10M | 70.64M | 22.12M | 47.39M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.16B | 4.13B | 3.93B | 3.37B | 2.84B | 2.69B |
| Last Close Price | 66.86 | 65.12 | 60.63 | 50.90 | 41.73 | 37.62 |
| PE Ratio | 10.07 | 10.02 | 9.60 | 8.19 | 9.47 | 10.58 |
| PS Ratio | 4.96 | 4.99 | 4.90 | 4.22 | 4.35 | 4.59 |
| PB Ratio | 1.23 | 1.27 | 1.41 | 1.38 | 1.39 | 1.16 |
| P/FCF Ratio | 9.18 | 8.73 | 8.54 | 7.54 | 7.71 | 9.55 |
| P/OCF Ratio | 8.85 | 8.41 | 8.29 | 7.11 | 7.33 | 9.21 |
| Debt / Equity Ratio | 0.22 | 0.22 | 0.23 | 0.27 | 0.28 | 0.44 |
| Debt / FCF Ratio | 1.61 | 1.51 | 1.42 | 1.45 | 1.56 | 3.59 |
| Net Debt / Equity Ratio | 0.08 | 0.06 | 0.11 | 0.00 | -0.74 | -0.95 |
| Net Debt / FCF Ratio | 0.62 | 0.38 | 0.66 | -0.00 | -4.10 | -7.82 |
| Return on Equity (ROE) | 12.92% | 13.63% | 15.60% | 18.33% | 13.79% | 11.32% |
| Return on Assets (ROA) | 2.47% | 2.55% | 2.66% | 2.69% | 1.90% | 1.69% |
| Earnings Yield | 9.93% | 9.98% | 10.42% | 12.21% | 10.56% | 9.45% |
| FCF Yield | 10.89% | 11.45% | 11.70% | 13.26% | 12.97% | 10.47% |
| Dividend Yield | 2.18% | 2.11% | 2.09% | 2.32% | 2.62% | 2.71% |
| Payout Ratio | 21.99% | 21.12% | 20.06% | 19.00% | 25.11% | 28.68% |
| Buyback Yield / Dilution | 0.07% | 0.07% | -0.12% | 0.94% | 1.06% | 0.57% |
| Total Shareholder Return | 2.25% | 2.17% | 1.97% | 3.26% | 3.69% | 3.29% |