Operating margins of 50% and a Piotroski financial-health score of 8 out of 9 make this a high-quality regional bank, but the stock has effectively reached its near-term price target with an unfavorable risk/reward ratio of 0.16-to-1, leaving little margin of safety for new buyers.
Thesis pillars
- Price At Target Unfavorable Risk Reward↓Deteriorating
- Best In Class Operating Margins→Stable
- Earnings Beat History Recent Miss→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 26, 2026· older than 90 days
International Bancshares Corpor (IBOC) Stock Analysis
Recovery setup
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $69.02, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9).
International Bancshares Corporation operates five subsidiary banks with 166 facilities in 75 Texas and Oklahoma communities, headquartered in Laredo. Revenue comes primarily from net interest income on commercial loans, real estate lending, and international trade finance along... Read more
Hold if already holding. Not a fresh buy at $69.02, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9). Chart setup: Death cross but MACD improving, RSI 56. Mixed signals. Hold existing position. Score 5.2/10, moderate confidence.
Passes 6/10 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: aggressive.
About International Bancshares Corpor
About International Bancshares Corpor
International Bancshares Corporation operates five subsidiary banks providing commercial and retail banking across 166 facilities in Texas and Oklahoma, regulated by the FRB and FDIC, with deposits from Mexico-domiciled persons and entities representing approximately 32% of total Subsidiary Bank deposits in 2025. Headquartered in Laredo, Texas, the company ranks among the largest independent bank holding companies in the state and employs approximately 2,319 people.
International Bancshares earns revenue primarily through net interest income on commercial, real estate, personal, and installment loans and securities investments, with fee income from international banking services including letters of credit, foreign exchange, and trade finance along the U.S.-Mexico border. The Mexico deposit base — described as 'large and stable' in the filing — comprises approximately 32% of Subsidiary Bank total deposits and is particularly sensitive to tariffs, trade restrictions, or deteriorating U.S.-Mexico relations that could prompt Mexico-domiciled depositors to shift funds to institutions more integrated within the Mexican financial system. Liquidity draws on core deposits, repurchase agreements, and advances from the Federal Home Loan Bank of Dallas and the FHLB of Topeka. A significant portion of the loan portfolio is secured by real estate in the company's primary markets, creating collateral exposure to regional property value cycles. The company competes against national, regional, and community banks, credit unions, and an expanding set of fintech companies and blockchain-based financial service providers.
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The company's primary markets in south, central, and southeast Texas — including Austin, Dallas, and Houston — along with Oklahoma are particularly exposed to oil price cycles: energy production represents a large part of local economies, and a prolonged period of low oil prices could weigh on borrower creditworthiness and real estate collateral values in the company's primary lending geographies. The Mexico-domiciled deposit base at 32% of total deposits in 2025 faces a correlated risk: U.S.-imposed tariffs on Mexico could weaken Northern Mexican economic conditions, potentially triggering deposit outflows from a significant funding source the company describes as large and stable.
See also: Financial Services · Banks - Regional
From International Bancshares Corpor's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated Oct 29, 2026Recent Developments — International Bancshares Corpor
Latest news
- NEWS International Bancshares (TXSE:IBOC) - Stock Analysis - Simply Wall St — Simply Wall St Oct 29, 2026 neutral
- NEWS International Bancshares (IBOC) Leaves An Index, Is It Too Cheap To Ignore? - Simply Wall St — Simply Wall St Oct 27, 2026 neutral
- NEWS International Bancshares: Q2 Earnings Snapshot - marketscreener.com — marketscreener.com Aug 6, 2026 neutral
- NEWS Lazard Asset Management LLC Makes New Investment in International Bancshares Corporation $IBOC - MarketBeat — MarketBeat Aug 5, 2026 neutral
- NEWS International Bancshares declares $0.73 per share dividend By Investing.com - Investing.com UK — Investing.com UK Aug 4, 2026 positive
Latest item Oct 29, 2026 · Generated 2026-11-05T11:54:12Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicMexico32%10-K Item 1: 'Deposits from persons and entities domiciled in Mexico comprise a large and stable portion of the deposit base of the Subsidiary Banks. These deposits comprised approximately 32%'
- MEDIUMloan_portfolioreal estate secured loans10-K Item 1A: 'A significant portion of our loan portfolio consists of loans secured by real estate located in the markets we serve.'
- MEDIUMGeographicTexas and Oklahoma10-K Item 1: 'commercial and retail banking services in our main banking and branch facilities located in north, south, central, and southeast Texas and the State of Oklahoma'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $69.02, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9). Chart setup: Death cross but MACD improving, RSI 56. Mixed signals. Hold existing position. Analyst target $73.95 (+7.1%), stop $65.28 (−5.7%), A.R:R 1.3:1. Score 5.2/10, moderate confidence.
Analyst target: $73.95 (+7.1% upside). Analyst target $73.95 (+7.1%), stop $65.28 (−5.7%), A.R:R 1.3:1. Stop-loss: $65.28.
Thin upside margin: 7.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9); Weak growth.
International Bancshares Corpor trades at a P/E of 10.6 (forward N/A). TrendMatrix value score: 7.8/10. Verdict: Hold.
7 analysts rate IBOC, with a consensus score of 4.1/5. 1 analysts publish price targets averaging $87.
What does International Bancshares Corpor do?International Bancshares Corporation operates five subsidiary banks with 166 facilities in 75 Texas and Oklahoma...
International Bancshares Corporation operates five subsidiary banks with 166 facilities in 75 Texas and Oklahoma communities, headquartered in Laredo. Revenue comes primarily from net interest income on commercial loans, real estate lending, and international trade finance along the U.S.-Mexico border. Mexico-domiciled depositors account for approximately 32% of the Subsidiary Banks' total deposits.