The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.20 as of 2026Q1, reflecting a disciplined approach to organic asset growth from $15.1 billion to $16.8 billion over the past ten quarters.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 7.3B | 536.49M | 5.34B | 5.47B | 6.51B | 7.42B | 5.08B | 3.64B | 3.73B | 4.42B | 4.45B | 4.47B | 5.19B | 5.58B | 5.81B | 5.48B | 197.81M | 224.64M | 299.12M | 333.9M | 268.6M | 216.51M | 175.17M | 152.33M | 154.3M | 178.38M | 128.1M | 123.6M | 122M | 239.4M | 171.99M |
| Cash & Due from Banks | 585.94M | 536.49M | 352.65M | 651.06M | 2.09B | 3.21B | 2B | 256.82M | 316.8M | 265.36M | 269.2M | 273.05M | 255.15M | 274.79M | 283.1M | 261.88M | 197.81M | 224.64M | 299.12M | 333.9M | 268.6M | 216.51M | 175.17M | 152.33M | 154.3M | 178.38M | 128.1M | 123.6M | 122M | 239.4M | 171.99M |
| Short Term Investments | 0 | 0 | 4.99B | 4.82B | 4.42B | 4.21B | 3.08B | 3.38B | 3.41B | 4.15B | 4.18B | 4.2B | 4.93B | 5.3B | 5.53B | 5.21B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 14.91B | 14.75B | 14.01B | 13.08B | 12.09B | 11.62B | 10.78B | 10.54B | 10.26B | 10.73B | 10.6B | 10.55B | 10.97B | 10.82B | 10.62B | 10.54B | 10.78B | 10.58B | 11.26B | 9.97B | 9.81B | 9.15B | 8.68B | 5.74B | 5.8B | 5.6B | 5.31B | 4.87B | 4.6B | 4B | 2.97B |
| Investments Growth % | 24.16% | 5.27% | 7.12% | 8.16% | 4.05% | 7.81% | 2.25% | 2.78% | -4.41% | 1.25% | 0.4% | -3.78% | 1.34% | 1.96% | 0.76% | -2.21% | 1.87% | -6.07% | 12.97% | 1.65% | 7.18% | 5.35% | 51.25% | -0.97% | 3.58% | 5.39% | 9.01% | 5.98% | 14.84% | 34.6% | 12.25% |
| Long-Term Investments | 52.13B | 14.75B | 9.02B | 8.25B | 7.67B | 7.41B | 7.7B | 7.16B | 6.84B | 6.6B | 6.42B | 6.36B | 6.06B | 5.52B | 5.09B | 5.32B | 10.78B | 10.58B | 11.26B | 9.97B | 9.81B | 9.15B | 8.68B | 5.74B | 5.8B | 5.6B | 5.31B | 4.87B | 4.6B | 4B | 2.97B |
| Accounts Receivables | 0 | 0 | 72.17M | 65.3M | 45.79M | 30.59M | 37.88M | 36.62M | 36.8M | 34.46M | 32.17M | 31.57M | 31.46M | 30.65M | 31.03M | 32M | 35.66M | 41.73M | 48.71M | 54.3M | 57.29M | 48.65M | 41.14M | 28.89M | 35.19M | 33.85M | 40.16M | 34.8M | 31.5M | 31.3M | 22.91M |
| Goodwill & Intangibles | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.56M | 282.69M | 283.33M | 285.72M | 290.35M | 294.72M | 299.84M | 304.89M | 309.92M | 314.7M | 316.6M | 328.49M | 333.66M | 73.33M | 74.61M | 97.31M | 55.58M | 34.8M | 45M | 0 | 0 |
| Goodwill | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 282.53M | 283.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25K | 153K | 797K | 3.19M | 7.82M | 12.19M | 17.31M | 22.36M | 27.39M | 31.51M | 316.6M | 328.49M | 333.66M | 73.33M | 74.61M | 97.31M | 55.58M | 34.8M | 45M | 0 | 0 |
| PP&E (Net) | 421.5M | 422.99M | 428.22M | 437.09M | 431.61M | 447.08M | 479.88M | 506.6M | 506.9M | 514.45M | 527.58M | 516.72M | 526.42M | 504.84M | 481.29M | 453.05M | 468.95M | 490.38M | 466.37M | 435.65M | 390.32M | 351.99M | 302.23M | 220.6M | 185.48M | 190.05M | 155.52M | 145.3M | 137.6M | 129.6M | 94.19M |
| Other Assets | 554.25M | 505.76M | 595.54M | 553.7M | 563.73M | 457.73M | 454.46M | 489.81M | 473.02M | 358.95M | 95.59M | 114.35M | 130.71M | 158.86M | 179.94M | 161.13M | 165.82M | 123.1M | 53.6M | 59.62M | 71.92M | 296.32M | 384.47M | 361.3M | 247.93M | 284.1M | 170.04M | 202M | 54.1M | 113.8M | 87.61M |
| Total Current Assets | 661.26M | 608.92M | 5.41B | 5.54B | 6.55B | 7.45B | 5.12B | 3.67B | 3.76B | 4.42B | 4.48B | 4.5B | 5.2B | 5.59B | 5.84B | 5.51B | 233.47M | 266.37M | 347.83M | 388.2M | 325.89M | 265.16M | 216.31M | 181.22M | 189.5M | 212.22M | 168.26M | 158.4M | 153.5M | 270.7M | 194.91M |
| Total Non-Current Assets | 16.17B | 16.07B | 10.33B | 9.53B | 8.95B | 8.59B | 8.91B | 8.44B | 8.11B | 7.76B | 7.33B | 7.27B | 7B | 6.49B | 6.04B | 6.23B | 11.71B | 11.5B | 12.09B | 10.78B | 10.59B | 10.13B | 9.71B | 6.4B | 6.31B | 6.17B | 5.69B | 5.26B | 4.83B | 4.25B | 3.16B |
| Total Assets | 16.83B | 16.68B | 15.74B | 15.07B | 15.5B | 16.05B | 14.03B | 12.11B | 11.87B | 12.18B | 11.8B | 11.77B | 12.2B | 12.08B | 11.88B | 11.74B | 11.94B | 11.76B | 12.44B | 11.17B | 10.91B | 10.39B | 9.92B | 6.58B | 6.5B | 6.38B | 5.86B | 5.42B | 4.99B | 4.52B | 3.35B |
| Asset Growth % | 19.81% | 5.98% | 4.46% | -2.81% | -3.39% | 14.38% | 15.82% | 2.03% | -2.57% | 3.22% | 0.26% | -3.47% | 0.97% | 1.66% | 1.22% | -1.71% | 1.54% | -5.44% | 11.39% | 2.34% | 5% | 4.78% | 50.77% | 1.27% | 1.79% | 8.88% | 8.1% | 8.7% | 10.41% | 34.81% | 14.16% |
| Return on Assets (ROA) | 2.51% | 2.54% | 2.66% | 2.69% | 1.9% | 1.69% | 1.28% | 1.71% | 1.8% | 1.31% | 1.14% | 1.14% | 1.26% | 1.05% | 0.91% | 1.07% | 1.1% | 1.18% | 1.12% | 1.1% | 1.1% | 1.39% | 1.44% | 1.87% | 1.56% | 1.36% | 1.33% | 1.27% | 1.13% | 1.24% | 1.41% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 724M | 704.74M | 654.73M | 650.03M | 576.78M | 1.01B | 999.12M | 997.69M | 1.1B | 1.71B | 1.4B | 1.49B | 2.11B | 2.37B | 2.07B | 2.03B | 2.66B | 2.99B | 4.17B | 2.99B | 3.01B | 2.87B | 2.53B | 1.52B | 1.64B | 1.49B | 1.66B | 2.88B | 1.21B | 968.4M | 239M |
| Net Debt | 138.06M | 168.26M | 302.08M | -1.03M | -1.51B | -2.2B | -998.12M | 740.87M | 779.27M | 1.44B | 1.13B | 1.22B | 1.85B | 2.1B | 1.79B | 1.77B | 2.46B | 2.77B | 3.87B | 2.65B | 2.74B | 2.65B | 2.35B | 1.37B | 1.49B | 1.31B | 1.53B | 2.76B | 1.09B | 729M | 67.01M |
| Long-Term Debt | 119.15M | 119.2M | 119.41M | 119.61M | 145.59M | 570.78M | 570.97M | 761.15M | 866.08M | 1.36B | 893.79M | 667.17M | 1.25B | 1.41B | 939.75M | 684.89M | 1.23B | 1.55B | 2.72B | 1.66B | 2.31B | 2.11B | 1.91B | 1.02B | 1.19B | 777.3M | 0 | 1.38B | 1.07B | 490M | 239M |
| Short-Term Debt | 604.86M | 585.54M | 535.32M | 530.42M | 431.19M | 439.67M | 428.15M | 236.54M | 229.99M | 353.81M | 504.99M | 827.77M | 858.35M | 957.38M | 1.13B | 1.35B | 1.43B | 1.44B | 1.44B | 1.33B | 706.34M | 760.76M | 619.81M | 501.3M | 457.92M | 714.67M | 1.66B | 1.5B | 135.7M | 478.4M | 0 |
| Other Liabilities | 12.81B | 12.62B | 175.57M | 143.83M | 219.93M | 109.43M | 130.49M | 171.12M | 139.75M | 91.38M | 70.51M | 76.17M | 69.53M | 39.59M | 90.32M | 159.88M | 223.53M | 186.54M | 158.09M | 86.8M | 66.66M | 75.33M | 71.91M | 46.41M | 64.7M | 59.57M | 36.62M | -1.34B | 38.3M | 32.6M | 166.31M |
| Total Current Liabilities | 604.86M | 585.54M | 12.65B | 12.35B | 13.09B | 13.06B | 11.15B | 9.06B | 8.93B | 8.9B | 9.12B | 9.36B | 9.3B | 9.2B | 9.42B | 9.29B | 9.03B | 8.62B | 8.3B | 8.49B | 7.7B | 7.42B | 7.19B | 4.94B | 4.7B | 5.05B | 5.41B | 5.03B | 3.51B | 3.65B | 2.66B |
| Total Non-Current Liabilities | 12.93B | 12.84B | 294.98M | 263.44M | 365.52M | 680.21M | 701.46M | 932.27M | 1.01B | 1.45B | 964.3M | 743.34M | 1.32B | 1.45B | 1.03B | 844.76M | 1.45B | 1.74B | 2.88B | 1.74B | 2.37B | 2.18B | 1.98B | 1.06B | 1.25B | 836.86M | 36.62M | 37.4M | 1.11B | 522.6M | 405.31M |
| Total Liabilities | 13.54B | 13.43B | 12.94B | 12.62B | 13.46B | 13.74B | 11.85B | 9.99B | 9.93B | 10.35B | 10.08B | 10.11B | 10.62B | 10.66B | 10.45B | 10.14B | 10.48B | 10.36B | 11.18B | 10.23B | 10.07B | 9.6B | 9.16B | 6B | 5.95B | 5.88B | 5.44B | 5.07B | 4.62B | 4.18B | 3.07B |
| Total Equity | 3.29B | 3.25B | 2.8B | 2.45B | 2.04B | 2.31B | 2.18B | 2.12B | 1.94B | 1.84B | 1.72B | 1.67B | 1.58B | 1.42B | 1.44B | 1.6B | 1.46B | 1.41B | 1.26B | 935.9M | 842.06M | 792.87M | 753.09M | 577.38M | 547.26M | 497.03M | 416.89M | 353.4M | 370.3M | 341.2M | 283.77M |
| Equity Growth % | 60.86% | 16.27% | 14.26% | 19.71% | -11.42% | 5.99% | 2.83% | 9.2% | 5.47% | 6.63% | 3.55% | 5.37% | 10.97% | -0.79% | -10.28% | 9.66% | 3.68% | 11.94% | 34.34% | 11.15% | 6.2% | 5.28% | 30.43% | 5.5% | 10.11% | 19.22% | 17.97% | -4.56% | 8.53% | 20.24% | 15.46% |
| Equity / Assets (Capital Ratio) | 19.54% | 19.49% | 17.77% | 16.25% | 13.19% | 14.39% | 15.52% | 17.49% | 16.34% | 15.09% | 14.61% | 14.15% | 12.96% | 11.79% | 12.08% | 13.63% | 12.22% | 11.97% | 10.11% | 8.38% | 7.72% | 7.63% | 7.59% | 8.78% | 8.43% | 7.79% | 7.11% | 6.52% | 7.42% | 7.55% | 8.47% |
| Return on Equity (ROE) | 13.16% | 13.63% | 15.6% | 18.33% | 13.79% | 11.32% | 7.79% | 10.11% | 11.43% | 8.84% | 7.9% | 8.42% | 10.19% | 8.84% | 7.1% | 8.31% | 9.07% | 10.71% | 12.05% | 13.65% | 14.31% | 18.21% | 17.89% | 21.72% | 19.27% | 18.24% | 19.52% | 18.29% | 15.09% | 15.65% | 16.75% |
| Book Value per Share | - | 52.23 | 44.89 | 39.34 | 32.55 | 36.36 | 34.11 | 32.25 | 29.11 | 27.54 | 26.01 | 24.99 | 23.57 | 21.16 | 21.33 | 23.68 | 21.46 | 20.58 | 18.30 | 13.49 | 12.00 | 11.15 | 10.80 | 8.51 | 7.79 | 6.87 | 5.72 | 4.74 | 5.28 | 4.92 | 3.80 |
| Tangible BV per Share | - | 47.69 | 40.36 | 34.80 | 28.06 | 31.91 | 29.68 | 27.94 | 24.87 | 23.31 | 21.75 | 20.75 | 19.35 | 16.92 | 17.02 | 19.32 | 17.05 | 16.12 | 13.79 | 8.95 | 7.49 | 6.53 | 6.02 | 7.43 | 6.73 | 5.52 | 4.96 | 4.27 | 4.64 | 4.92 | 3.80 |
| Common Stock | 96.67M | 96.66M | 96.62M | 96.47M | 96.42M | 96.35M | 96.24M | 96.22M | 96.1M | 96.02M | 95.91M | 95.87M | 95.78M | 95.74M | 95.72M | 95.72M | 95.71M | 95.71M | 95.5M | 95.44M | 86.22M | 86.06M | 68.43M | 52.77M | 41.77M | 33.21M | 26.48M | 21.1M | 0 | 0 | 10.35M |
| Additional Paid-in Capital | 161.3M | 160.86M | 159.33M | 155.51M | 154.06M | 152.14M | 149.33M | 148.07M | 145.28M | 171.82M | 169.57M | 167.98M | 165.52M | 163.95M | 163.29M | 162.77M | 162.28M | 161.26M | 158.11M | 144.14M | 138.25M | 135.62M | 130.6M | 37.78M | 30.82M | 27.56M | 25.93M | 24.1M | 0 | 0 | 11.94M |
| Retained Earnings | 3.74B | 3.68B | 3.36B | 3.03B | 2.7B | 2.47B | 2.29B | 2.2B | 2.06B | 1.89B | 1.78B | 1.68B | 1.59B | 1.47B | 1.37B | 1.3B | 1.21B | 1.12B | 1.02B | 929.14M | 861.25M | 788.42M | 705.64M | 639.61M | 560.61M | 490.33M | 434.8M | 385.9M | 341M | 302M | 260.13M |
| Accumulated OCI | -267.1M | -246.32M | -379.05M | -397.89M | -470.5M | -31.98M | 20.82M | 2.35M | -54.63M | -28.4M | -26.7M | 2.17M | 11.4M | -43.77M | 65.66M | 84.96M | 28.78M | 65.88M | 18.19M | 165K | -40.39M | -41.97M | 15.01M | 12.84M | 49.96M | 18.22M | -19.16M | -36.9M | 0 | 0 | 11.39M |
| Treasury Stock | -441.03M | -440.97M | -436.37M | -435.4M | -430.79M | -378.74M | -378.03M | -329.15M | -311.31M | -292.26M | -292.08M | -284.11M | -277.43M | -258.51M | -258.51M | -256.79M | -250.36M | -243.41M | -234.06M | -232.99M | -203.28M | -175.26M | -166.59M | -165.62M | -135.89M | -72.3M | -51.16M | -40.7M | 0 | 0 | -10.04M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210.55M | 208.07M | 205.74M | 203.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.16M | 0 | 0 | 0 | 0 |
Geopolitical Trade Corridor Exposure
According to the provided quarterly data, IBOC has demonstrated a disciplined expansion of its total asset base, which grew from $15.1 billion in 2023Q4 to $16.8 billion in 2026Q1, reflecting a consistent, organic approach to balance sheet management rather than aggressive, acquisition-driven growth strategies.
The steady increase in assets appears to be primarily driven by a measured expansion of the investment securities portfolio, which rose from $13.1 billion to $14.9 billion over the same period. This suggests that management is prioritizing the maintenance of a highly liquid, interest-earning asset base over rapid, potentially riskier loan book expansion.
As reported in financial statements, IBOC maintains a remarkably conservative capital structure, with the equity-to-assets ratio hovering between 0.16 and 0.20 over the last ten quarters, signaling a robust capital buffer that provides significant protection against potential regional economic volatility or credit shocks.
This high level of capitalization, combined with minimal debt usage, suggests that the bank is well-positioned to absorb unexpected losses without needing to access external capital markets. Investors should monitor whether this conservative stance continues to limit potential return on equity, which has remained relatively modest in the 3.1% to 4.6% range.
Based on IBOC's reported figures, the bank consistently maintains a substantial cash and cash equivalents position, which peaked at $909.0 million in 2024Q1 and remains a core component of its liquidity strategy, ensuring the institution can meet deposit obligations even during periods of regional trade disruption.
The bank's reliance on a large, liquid securities portfolio alongside significant cash holdings suggests a defensive posture designed to mitigate interest rate risk and funding volatility. This liquidity profile appears to be a deliberate choice to support the bank's specialized role in the Laredo trade corridor, where operational continuity is paramount.
Data indicates that IBOC's investment securities portfolio represents the vast majority of its total assets, reaching $14.9 billion in 2026Q1, which warrants further investigation into the duration and unrealized loss profile of these holdings in the current higher-for-longer interest rate environment.
While the portfolio provides a stable income stream, the concentration of assets in securities rather than loans may expose the bank to significant valuation swings if interest rates remain volatile. Analysts should consider whether the current accounting treatment of these assets masks potential pressure on tangible book value that could emerge if liquidity needs force a sale.
Quick answers to the most common questions about buying IBOC stock.
As of 2025, International Bancshares Corporation (IBOC) had total assets of $16.68B including $608.9M in current assets.
International Bancshares Corporation (IBOC) carries total debt of $704.7M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
International Bancshares Corporation (IBOC) has total shareholders' equity (book value) of $3.25B ($52.23 book value per share). Book value represents the net worth of the company belonging to common stock holders.
International Bancshares Corporation (IBOC) reported a current ratio of 1.04x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.