International Bancshares Corp

International Bancshares Corp Stock Forecast & Price Prediction

Live International Bancshares Corp Stock (IBOC) Price
$70.50

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$70.50

P/E Ratio

11.19

Volume Traded Today

$182,601

Dividend

$0.66

52 Week High/low

76.91/48.85

International Bancshares Corp Market Cap

$4.48B

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IBOC Summary

The International Bancshares Corp (IBOC) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered IBOC. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for IBOC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

IBOC Analyst Ratings

IBOC is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end IBOC is forecasted to be $ by from .

IBOC stock forecast by analyst

These are the latest 20 analyst ratings of IBOC.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

IBOC Company Information

What They Do: Provides commercial and retail banking services.

Business Model: The company operates as a financial holding company, generating revenue through a range of banking services including accepting deposits and offering various types of loans. It also earns income from international banking services and related banking products such as credit cards and securities.

Other Information: Founded in 1966 and headquartered in Laredo, Texas, the company serves customers in Texas and Oklahoma, providing both traditional banking and internet banking services. Its diverse offerings position it to cater to a wide range of financial needs.
IBOC
International Bancshares Corp (IBOC)

When did it IPO

1996

Staff Count

2,062

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Mike K. Sohn

Market Cap

$4.48B

International Bancshares Corp (IBOC) Financial Data

In 2023, IBOC generated $833.4M in revenue, which was a increase of 23.52% from the previous year. This can be seen as a signal that IBOC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$538.5M

Revenue From 2021

$593.6M

10.24 %
From Previous Year

Revenue From 2022

$674.8M

13.67 %
From Previous Year

Revenue From 2023

$833.4M

23.52 %
From Previous Year
  • Revenue TTM $799.4M
  • Operating Margin TTM 63.9%
  • Gross profit TTM $0
  • Return on assets TTM 2.6%
  • Return on equity TTM 16.2%
  • Profit Margin 50.1%
  • Book Value Per Share 44.20%
  • Market capitalisation $4.48B
  • Revenue for 2021 $593.6M
  • Revenue for 2022 $674.8M
  • Revenue for 2023 $833.4M
  • EPS this year (TTM) $6.43

International Bancshares Corp (IBOC) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - International Bancshares Corporation reported a net income of $294.1 million for the nine months ending September 30, 2024.

Why It Matters - The reported net income of $294.1 million indicates strong financial performance for International Bancshares Corporation, potentially boosting investor confidence and stock valuation.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Finanta has partnered with IBC Bank to enhance commercial lending through digital transformation, improving efficiency, risk management, and customer experience.

Why It Matters - Finanta's partnership with IBC Bank signals advancements in commercial lending, potentially improving profitability and market competitiveness, which could positively impact investor sentiment.

News Image

Thu, 01 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - International Bancshares Corporation (NASDAQ: IBOC) reported its net income for the six months ended June 30, 2024. Further details on the financial results were not provided.

Why It Matters - Net income figures can indicate the bank's financial health, affecting stock performance and investor sentiment. Positive results may lead to increased share prices and confidence in the company's growth.

News Image

Thu, 02 May 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - International Bancshares Corporation (NASDAQ: IBOC) reported Q1 2024 net income of $97.3 million ($1.56 EPS), down 4.3% from $101.6 million ($1.63 EPS) in Q1 2023.

Why It Matters - A decline in International Bancshares' net income and earnings per share may signal weakening profitability, potentially affecting investor confidence and stock performance.

News Image

Fri, 12 Apr 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - International Bancshares Corporation (IBC) has been ranked 3rd on Forbes' 15th annual list of Best Banks in America, highlighting its strong financial performance among the largest U.S. banks.

Why It Matters - IBC's ranking as the 3rd best bank by Forbes enhances its reputation, potentially attracting more investors and boosting stock performance due to increased confidence in its financial stability.

News Image

Wed, 03 Apr 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - International Bancshares Corporation (IBC) ranked #1 among U.S. public banks in S&P Global Market Intelligence's 2023 performance assessment, focusing on banks with assets over $10 billion.

Why It Matters - IBC's top ranking among U.S. public banks highlights its strong financial performance, potentially boosting investor confidence and driving stock demand.

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IBOC Frequently asked questions

The highest forecasted price for IBOC is $ from at .

The lowest forecasted price for IBOC is $ from from

The IBOC analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.