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IBOC

International Bancshares Corporation

IBOC

International Bancshares Corporation • NASDAQ
$66.48 ▼ -0.03% (-0.02)
Market Cap $4.13 B
52w High $74.00
52w Low $54.11
Dividend Yield 1.40%
P/E 9.83
Volume 107.64K
Outstanding Shares 62.16M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $272.629M ▲ $79.763M ▲ $108.375M ▲ 39.752% ▲ $0 ▼ $142.189M ▲
Q2-2025 $261.631M ▲ $77.801M ▲ $100.142M ▲ 38.276% ▼ $1.61 ▲ $131.448M ▲
Q1-2025 $251.642M ▼ $73.775M ▲ $96.892M ▼ 38.504% ▼ $1.56 ▼ $126.731M ▼
Q4-2024 $262.882M ▼ $73.153M ▼ $115.084M ▲ 43.778% ▲ $1.85 ▲ $139.238M ▲
Q3-2024 $266.499M $76.215M $99.772M 37.438% $1.6 $132.561M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $5.438B ▲ $16.551B ▲ $13.424B ▼ $3.128B ▲
Q2-2025 $735.118M ▲ $16.462B ▲ $13.44B ▲ $3.022B ▲
Q1-2025 $591.657M ▼ $16.27B ▲ $13.375B ▲ $2.895B ▲
Q4-2024 $5.341B ▼ $15.739B ▼ $12.942B ▼ $2.797B ▲
Q3-2024 $5.792B $15.892B $13.143B $2.749B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $108.375M ▲ $115.154M ▲ $-193.898M ▼ $-63.853M ▼ $-142.597M ▼ $112.22M ▲
Q2-2025 $100.142M ▲ $95.495M ▼ $-27.656M ▲ $74.622M ▼ $142.461M ▼ $91.631M ▼
Q1-2025 $96.892M ▼ $140.464M ▲ $-275.278M ▲ $371.619M ▲ $236.805M ▲ $133.086M ▲
Q4-2024 $115.084M ▲ $114.882M ▼ $-382.108M ▼ $-159.958M ▼ $-427.184M ▼ $116.528M ▲
Q3-2024 $99.772M $116.477M $-252.212M $123.405M $-12.33M $109.566M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Other service charges commissions and fees Banking
Other service charges commissions and fees Banking
 $40.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲
Other service charges commissions and fees Nonbanking
Other service charges commissions and fees Nonbanking
 $0 ▲$0 ▲$0 ▲$0 ▲
Services charges on deposit accounts
Services charges on deposit accounts
 $20.00M ▲$20.00M ▲$20.00M ▲$20.00M ▲

Five-Year Company Overview

Income Statement

Income Statement The bank’s income statement shows a steady build in its core earnings over the last five years. Revenue has grown consistently, and profits have followed the same general upward path. Margins look healthy for a regional bank, with operating and net income staying solid even as the rate environment shifted. The strongest improvement came from the early part of the period, when earnings grew quickly. More recently, profit has levelled off even as revenue continued to rise, suggesting higher costs, tighter spreads, or more conservative loan-loss provisions. Overall, the picture is of a mature, profitable bank that has already captured the easiest gains and is now grinding out more incremental growth.

Balance Sheet

Balance Sheet The balance sheet appears stable and conservative. Total assets have hovered within a fairly narrow range, which fits a bank that is not chasing aggressive expansion. Shareholders’ equity has moved upward over time, pointing to retained earnings and a stronger capital base. Debt levels are modest relative to the size of the balance sheet and have not trended up in a worrying way. One notable change is the large swing in cash: liquidity was very high a few years ago and has since been drawn down significantly. That may reflect redeployment into loans or securities in a higher-rate environment, but it also means less of a cash cushion and more dependence on funding structure and asset quality staying sound.

Cash Flow

Cash Flow Cash generation looks solid and fairly predictable. Operating cash flow has grown alongside earnings, which indicates that reported profits are largely backed by real cash, not accounting noise. Free cash flow is consistently positive, because the bank requires relatively light spending on physical assets. Capital expenditures are small and stable, so most cash from operations is available for strengthening the balance sheet, paying dividends, or other corporate uses. The pattern here is one of disciplined spending and good conversion of earnings into cash, which supports resilience through cycles.

Competitive Edge

Competitive Edge International Bancshares sits in a focused regional niche rather than trying to be a national player. Its deep expertise in the U.S.–Mexico border economy and cross‑border trade gives it a clear identity and a customer base that values specialized knowledge and bilingual, culturally aligned service. This specialization, combined with a long-standing community banking model and conservative financial management, creates a defensible position against more generic competitors. The main trade‑offs are concentration risk in a specific geographic and economic corridor, and rising competition from both larger banks and digital‑first players that can undercut on technology convenience. Its edge rests on relationships, local decision-making, and trade finance know‑how rather than scale.

Innovation and R&D

Innovation and R&D The bank is not a technology pioneer, but it is clearly moving beyond a purely traditional model. The partnership to use artificial intelligence in commercial lending is an important step toward faster, more accurate credit decisions and better service for business customers. Digital banking services are in line with industry norms, aiming for reliability and ease of use rather than flashy features. Looking ahead, the areas with the most potential impact are expanded AI use across underwriting and customer analytics, better digital tools for younger and mobile‑first clients, and more sophisticated products in wealth management and cross‑border finance. Overall, innovation here is evolutionary, not radical, but it aligns with the bank’s strengths and customer base.

Summary

International Bancshares comes across as a disciplined, profitable regional bank with a clear niche: serving communities and businesses tied to the U.S.–Mexico border and cross‑border trade. Earnings and cash flow trends are positive and reasonably steady, backed by a conservative balance sheet and rising equity. Its main strengths are local market knowledge, strong community relationships, cultural and language alignment with its core customers, and a cautious approach to risk. Key watchpoints include its reliance on a specific region and trade corridor, the need to keep pace with digital expectations, and the recent drawdown in cash as it deploys funds into higher‑yielding uses. If it can continue modernizing its technology and expanding higher‑value services—without weakening its conservative culture—it is positioned to remain a solid competitor in its chosen markets.

NEWS

November 6, 2025 · 12:09 PM UTC

IBC Reports Strong Earnings for the Third Quarter of 2025

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