International Bancshares Corporation (IBOC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of International Bancshares Corporation stock $58.37, price $67.60, that is 13.7% below the price, quality 58 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $34.70 – $77.07 · fair‑value band $49.49 – $77.72 · the $67.60 price screens above the $58.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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International Bancshares Corporation, a multibank financial holding company, engages in the provision of commercial and retail banking services in Texas and the State of Oklahoma.
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The company accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans.
It also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services.
In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collections, escrow, drive up and walk up facilities, and other customary banking services; and internet and mobile banking services, as well as securities products through third party providers.
The company offers its banking services through ATM network and retail locations in shopping malls and other places. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
Stock analysis
International Bancshares Corporation (IBOC) currently trades at $67.60, while our model-based Fair Value estimate is $58.37, 14% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $76.56 per share, and 1 of the 6 models we run sit above the $67.60 price.
Bear case: the Dividend Discount group reads lowest at $20.93, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $49.49 (bear) to $77.72 (bull), the price of $67.60 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
International Bancshares Corporation reported revenue of $1.1B in FY2025 versus $620M in FY2021, a compound +14.2%/yr. Reported net income was $412M in FY2025, compounding +12.9%/yr from FY2021.
Key figures
Market cap $4.2B Mid · P/E ratio 10.0 · P/S ratio 4.96 · EPS (TTM) $6.73 · Dividend yield 2.1% · Net margin 49.4% · Return on equity 13.0% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 70 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −14%, IBOC screens cheaper than that median.
Fair Value models
Bear$49.49Fair Value $58.37Bull$77.72
Price $67.60 · Downside -13.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($4.56 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director sold shares worth $720,000 and none bought.
SaleLarry A NortonDirector10,000 shares at $72.00$720,000May 21, 2026
Plus one other filing such as a grant, option exercise or tax withholding. It is not a market purchase or sale.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.98/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+1.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.8%
Start year 2020 (pandemic). Over 10 years: +6.7% a year
Revenue growth 30 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.9%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+18.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.2%
Dividend (yield on the price)2.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.16.2% vs 12.4%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.37% → 49%
News mood ⓘNews mood, the average tone of recent news (84 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Long-standing Texas regional banking since 1966 supports moderate profitability, yet thin evidence of a durable moat amid fintech pressure weakens overall business quality.
Main risk: Fintech competition in the regional banking sector could limit its competitive edge and pressure profitability.
International Bancshares has operated as a Texas-focused regional bank since 1966 and now plans to move its primary listing to the Texas Stock Exchange next week. Our models currently see the stock as overvalued. Does this shift reinforce its local roots or limit exposure to a broader pool of investors?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 11/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−13.7% · Above median
Profitability
Return on equity (12 months)13.0% · Above median
Return on assets2.5% · Top 25%
Net margin (12 months)49.4% · Top 25%
Operating margin (12 months)64.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)5.1% · Below median
Dividend yield (12 months)2.1% · Below median
Balance sheet
Debt / equity0.04× · Lowest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)10.0× · Cheaper than median
P/B1.29× · Pricier than median
P/S (12 months)4.96× · Priciest 25%
Price / free cash flow (fiscal year)8.9× · Cheaper than median
EV/EBITDA7.0× · Cheaper than median
PEG0.98× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)15· sector 8
FUTURE (revenue growth)26· sector 47
PAST (return on equity)52· sector 43
HEALTH (low debt)–
DIVIDEND (yield)41· sector 53
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
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Is International Bancshares Corporation (IBOC) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $58.37 versus a price of $67.60, about 14% lower (overvalued).
What is the fair value of IBOC?
Our model-based fair value for International Bancshares Corporation is $58.37 (as of Nov 8, 2026), built from audited fundamentals. The current price: $67.60.
What is the quality score of IBOC?
International Bancshares Corporation has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for International Bancshares Corporation (IBOC)?
Our model-based price target is the fair value of $58.37 (as of Nov 8, 2026) from 6 valuation models. Cautious scenario $49.49, optimistic scenario $77.72. It is a calculation from audited fundamentals, not an analyst target.
What is the International Bancshares Corporation stock forecast for 2026?
Our models put fair value at $58.37, about 14% lower versus a price of $67.60 (overvalued). Cautious scenario $49.49, optimistic scenario $77.72. The calculation is refreshed regularly with new filings.
What is the revenue of International Bancshares Corporation (IBOC)?
International Bancshares Corporation reported trailing-twelve-month revenue of about $849M (latest available figure, as of Nov 8, 2026).
Does International Bancshares Corporation pay a dividend?
International Bancshares Corporation currently shows a dividend yield of 2.07% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of International Bancshares Corporation (IBOC) and when is the ex-dividend date?
International Bancshares Corporation pays a dividend of $1.40 per share a year, a dividend yield of 2.1%. The last ex-dividend date was Aug 14, 2026. A dividend has been paid every year since at least 1996. The payout ratio is 20.8% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of International Bancshares Corporation (IBOC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For International Bancshares Corporation it is $58.37 per share (as of Nov 8, 2026), against a price of $67.60. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is International Bancshares Corporation stock overvalued or undervalued in 2026?
As of Nov 8, 2026, IBOC trades above its calculated fair value: price $67.60, fair value $58.37, a gap of about −14% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of IBOC?
No. The price is what the market pays today ($67.60); the fair value is what the company's own numbers justify ($58.37). For International Bancshares Corporation the two are $9.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is International Bancshares Corporation worth?
The market values International Bancshares Corporation at about $4.2B (market capitalisation, as of Nov 8, 2026). Per share that is $67.60; our models calculate a fair value of $58.37 per share.
What do the bullish and bearish scenarios say about IBOC?
Our models span a range for International Bancshares Corporation: cautious scenario $49.49, base $58.37, optimistic $77.72 per share (as of Nov 8, 2026, price $67.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IBOC?
International Bancshares Corporation trades at a price-to-earnings ratio of 10.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $58.37 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 10.6. Other multiples: PEG 1.0, P/B 1.3, P/S 5.0, EV/EBITDA 7.0.
What is the PEG ratio of IBOC?
The PEG ratio of International Bancshares Corporation is 0.98 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of International Bancshares Corporation (IBOC)?
Balance-sheet figures for International Bancshares Corporation (as of Nov 8, 2026): return on equity 13.0%, debt of 0.04 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is IBOC from its 52-week high?
International Bancshares Corporation trades at $67.60, about 12% below its 52-week high of $77.07 and 9% above the low of $62.16 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $58.37 is for.
Which stocks are comparable to International Bancshares Corporation?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is International Bancshares Corporation stock attractive at the current price?
The data as of Nov 8, 2026: price $67.60, calculated fair value $58.37 (−14%), Quality Score 58/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of IBOC calculated?
We run International Bancshares Corporation through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $58.37 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. International Bancshares Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of International Bancshares Corporation (IBOC)?
The closing price on Nov 6, 2026 was $67.60. Our model-based fair value is $58.37, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with International Bancshares Corporation right now?
Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of International Bancshares Corporation (IBOC) come from?
Earnings per share at International Bancshares Corporation grew +13.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.8 %, EBIT margin +3.3 %, tax rate +1.9 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of International Bancshares Corporation
How large is the market capitalisation of International Bancshares Corporation (IBOC)?
The market capitalisation of International Bancshares Corporation is $4.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of International Bancshares Corporation (IBOC)?
The price-to-sales ratio of International Bancshares Corporation is 4.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of International Bancshares Corporation (IBOC)?
Earnings per share at International Bancshares Corporation are $6.73 (price ÷ EPS = P/E 10.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of International Bancshares Corporation (IBOC)?
The dividend yield of International Bancshares Corporation is 2.1% (payout 20.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of International Bancshares Corporation (IBOC)?
The net margin of International Bancshares Corporation is 49.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of International Bancshares Corporation (IBOC)?
The return on equity (ROE) of International Bancshares Corporation is 13.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of International Bancshares Corporation (IBOC)?
On an EBIT basis the return on assets of International Bancshares Corporation is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of International Bancshares Corporation (IBOC)?
The operating margin of International Bancshares Corporation is 64.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at International Bancshares Corporation (IBOC)?
Revenue at International Bancshares Corporation is growing +5.1% versus a year earlier (3y avg +13.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at International Bancshares Corporation (IBOC)?
Earnings per share at International Bancshares Corporation are growing +5.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does International Bancshares Corporation (IBOC) generate?
The free cash flow of International Bancshares Corporation is $473M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does International Bancshares Corporation (IBOC) carry?
The net debt of International Bancshares Corporation is $168M (fiscal year 2025, ≈ 0.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026