IBOC
International Bancshares Corporation
NASDAQ: IBOC · FINANCIAL SERVICES · BANKS - REGIONAL
$71.16
-1.86% today
Updated 2026-04-29
Market cap
$4.43B
P/E ratio
10.77
P/S ratio
5.36x
EPS (TTM)
$6.62
Dividend yield
1.94%
52W range
$59 – $75
Volume
0.4M
International Bancshares Corporation (IBOC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $786.04M | $808.94M | $754.41M | $728.39M | $677.55M | $619.62M | $576.23M | $552.82M | $571.95M | $552.49M | $549.62M | $565.54M | $630.86M | $647.23M | $577.59M | $620.43M | $712.91M | $970.10M | $1.04B | $1.05B |
| Revenue growth (YoY) | — | +2.9% | -6.7% | -3.4% | -7.0% | -8.6% | -7.0% | -4.1% | +3.5% | -3.4% | -0.5% | +2.9% | +11.6% | +2.6% | -10.8% | +7.4% | +14.9% | +36.1% | +7.5% | +1.0% |
| Cost of revenue | $323.44M | $331.58M | $251.54M | $198.63M | $136.85M | $111.62M | $102.46M | $77.60M | $60.97M | $68.72M | $62.99M | $50.15M | $58.78M | $77.47M | $84.50M | $34.79M | $59.81M | $171.24M | $241.06M | $228.94M |
| Gross profit | $462.61M | $477.36M | $502.87M | $529.76M | $540.71M | $508.00M | $473.77M | $475.22M | $510.98M | $483.77M | $486.63M | $515.39M | $572.08M | $569.75M | $493.09M | $585.64M | $653.11M | $798.87M | $801.84M | $824.69M |
| Gross margin | 58.9% | 59.0% | 66.7% | 72.7% | 79.8% | 82.0% | 82.2% | 86.0% | 89.3% | 87.6% | 88.5% | 91.1% | 90.7% | 88.0% | 85.4% | 94.4% | 91.6% | 82.3% | 76.9% | 78.3% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $124.36M | $130.38M | $130.11M | $141.10M | $137.72M | $135.05M | $125.75M | $126.58M | $127.59M | $131.07M | $134.44M | $136.04M | $142.27M | $147.34M | $131.91M | $127.87M | $134.71M | $140.73M | $152.81M | $183.05M |
| Operating income | $173.89M | $177.08M | $201.64M | $220.73M | $200.98M | $191.23M | $158.40M | $182.59M | $229.94M | $206.84M | $197.00M | $221.64M | $272.58M | $259.95M | $211.76M | $322.33M | $382.64M | $523.51M | $508.72M | $520.36M |
| Operating margin | 22.1% | 21.9% | 26.7% | 30.3% | 29.7% | 30.9% | 27.5% | 33.0% | 40.2% | 37.4% | 35.8% | 39.2% | 43.2% | 40.2% | 36.7% | 52.0% | 53.7% | 54.0% | 48.8% | 49.4% |
| EBITDA | $214.46M | $216.50M | $244.42M | $262.19M | $241.66M | $231.46M | $189.81M | $213.24M | $256.34M | $232.50M | $221.87M | $246.95M | $298.46M | $288.22M | $240.08M | $347.36M | $404.46M | $545.46M | $531.24M | $543.71M |
| EBITDA margin | 27.3% | 26.8% | 32.4% | 36.0% | 35.7% | 37.4% | 32.9% | 38.6% | 44.8% | 42.1% | 40.4% | 43.7% | 47.3% | 44.5% | 41.6% | 56.0% | 56.7% | 56.2% | 50.9% | 51.6% |
| EBIT | $173.89M | $177.08M | $201.64M | $220.73M | $200.98M | $191.23M | $158.40M | $182.59M | $229.94M | $206.84M | $197.00M | $221.64M | $272.58M | $259.95M | $211.76M | $322.33M | $382.64M | $523.51M | $508.72M | $520.36M |
| Interest expense | $319.59M | $333.34M | $231.73M | $139.80M | $114.04M | $94.30M | $74.50M | $54.63M | $46.54M | $44.32M | $43.13M | $38.93M | $52.67M | $58.63M | $39.12M | $26.83M | $38.16M | $136.66M | $209.26M | $213.85M |
| Income tax | $56.89M | $55.76M | $69.53M | $77.99M | $70.96M | $64.08M | $50.56M | $56.24M | $76.79M | $70.12M | $63.07M | $64.21M | $56.65M | $54.85M | $44.44M | $68.41M | $82.41M | $111.74M | $99.55M | — |
| Effective tax rate | 32.7% | 31.5% | 34.5% | 35.3% | 35.3% | 33.5% | 31.9% | 30.8% | 33.4% | 33.9% | 32.0% | 29.0% | 20.8% | 21.1% | 21.0% | 21.2% | 21.5% | 21.3% | 19.6% | 0.0% |
| Net income | $117.00M | $121.31M | $132.11M | $142.74M | $130.02M | $127.15M | $107.83M | $126.35M | $153.15M | $136.73M | $133.93M | $157.44M | $215.93M | $205.10M | $167.32M | $253.92M | $300.23M | $411.77M | $409.17M | $412.29M |
| Net income growth (YoY) | — | +3.7% | +8.9% | +8.0% | -8.9% | -2.2% | -15.2% | +17.2% | +21.2% | -10.7% | -2.0% | +17.5% | +37.2% | -5.0% | -18.4% | +51.8% | +18.2% | +37.1% | -0.6% | +0.8% |
| Profit margin | 14.9% | 15.0% | 17.5% | 19.6% | 19.2% | 20.5% | 18.7% | 22.9% | 26.8% | 24.7% | 24.4% | 27.8% | 34.2% | 31.7% | 29.0% | 40.9% | 42.1% | 42.4% | 39.2% | 39.1% |