Home Sectors Financial Services Current Valuation: International Bancshares Corporation (NASDAQ: IBOC)

Current Valuation: International Bancshares Corporation (NASDAQ: IBOC)

SHARE

International Bancshares Corporation is part of the banking industry and financial services sector. The company CEO is Dennis E. Nixon. International Bancshares Corp is a financial holding company. It mainly provides retail and commercial banking to small and medium-size businesses. The company generates net revenue primarily through net interest income.

Previous Intraday Trading Performance:

The IBOC stock showed a previous change of 4.53% with an open at 36.62 and a close of 37.84. It reached an intraday high of 38.17 and a low of 36.51.

Business Wire:  IBC Reports Strong First Quarter 2019 Earnings

Liquidity:

The stock has a market cap of $2.5b with 65.6m shares outstanding, of which the float is 60.7m shares. Trading volume reached 272,109 shares compared to its average volume of 160,055 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, International Bancshares Corporation shares returned -2.17% and in the past 30 trading days it returned -7.62%. Over three months, it changed -7.98%. In one year it has changed -13.48% and within that year its 52-week high was 47.95 and its 52-week low was 32.56. IBOC stock is 16.22% above its 52 Week Low.

Our calculations show a 200 day moving average of 39.95 and a 50 day moving average of 39.88. Currently IBOC stock is trading -5.27% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  IBC Reports Strong First Quarter 2019 Earnings

Earnings:

The last annual fiscal EPS for the company was reported at 3.24 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.68.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 0.79
4thQtr of 2018 (Reported on 02/27/2019): 0.88
3rdQtr of 2018 (Reported on 11/07/2018): 0.77
2ndQtr of 2018 (Reported on 08/07/2018): 0.79
1stQtr of 2018 (Reported on 05/08/2018): 0.80

The dividend per share is currently 0.84, which is a dividend yield of 2.22%.

Base on our calculations, the intrinsic value per share is 28.89, which means it may be overvalued by -31.00%.

Indicators to Watch:

The current calculated beta is 1.38.

SeekingAlpha:  Time To Put Halcon Out Of Its Misery

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.74%, return on assets is 1.86%, profit margin is 33.47%, price-to-sales is 3.71 and price-to-book is 1.20.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

SHARE
John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.