International Bancshares Corporation (IBOC) financial statements (2021 and earlier)

Company profile

Business Address 12OO SAN BERNARDO AVE
LAREDO, TX 78040-1359
State of Incorp. TX
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments263323265269273255275
Cash and cash equivalents257317265269273255275
Short-term investments66     
Total current assets:263323265269273255275
Noncurrent Assets
Property, plant and equipment507507514528517526505
Long-term investments and receivables318338571517469421389
Long-term investments318338571517469421389
Intangible assets, net (including goodwill)283283283283283283286
Goodwill283283283283283283283
Intangible assets, net (excluding goodwill)   0013
Total noncurrent assets:1,1081,1271,3681,3271,2681,2301,179
Other undisclosed assets10,74210,42210,55110,20810,23210,71110,626
TOTAL ASSETS:12,11311,87212,18511,80411,77312,19712,079
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt237230354505828858 
Total current liabilities:237230354505828858 
Noncurrent Liabilities
Other undisclosed liabilities9,7589,7029,9929,5749,2809,75810,655
Total liabilities:9,9959,93210,34610,07910,10710,61610,655
Stockholders' equity
Stockholders' equity attributable to parent2,1181,9401,8391,7251,6661,5811,424
Common stock96969696969696
Treasury stock, value(329)(311)(292)(292)(284)(277)(259)
Additional paid in capital148145172170168166164
Accumulated other comprehensive income (loss)2(55)(28)(27)211(44)
Retained earnings2,2012,0641,8921,7781,6841,5851,467
Total stockholders' equity:2,1181,9401,8391,7251,6661,5811,424
TOTAL LIABILITIES AND EQUITY:12,11311,87212,18511,80411,77312,19712,079

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues492466483459479491 
Net investment income492466415388397394 
Financial services revenue68718297 
Cost of revenue(19)(6)(11)(20)(24)(14)(23)
Provision for loan, lease, and other losses(19)(6)
Financial services costs(11)(20)(24)(14)(23)
Gross profit:474460472439455477(23)
Operating expenses(102)(93)(227)(217)(199)(203)(155)
Other operating income, net
(Noninterest Income, Other Operating Income)
18181114111512
Operating income (loss):389385256236267288(166)
Nonoperating income (expense)   (0)(1)10(1)
Investment income, nonoperating   (0)(1)9(1)
Gains on sales of other real estate     10
Interest and debt expense(59)(53)(39)(43)(44)(47)(55)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(70)(60)55(15)(22)404
Income from continuing operations before equity method investments, income taxes:260273222197207230183
Income from equity method investments41513  1119
Income from continuing operations before income taxes:264288235197207241201
Income tax expense(55)(57)(64)(63)(70)(77)(56)
Income before gain (loss) on sale of properties:209231171134137164145
Other undisclosed net loss(4)(15)(13)    
Net income:205216157134137164145
Other undisclosed net loss attributable to parent     (11)(19)
Net income available to common stockholders, diluted:205216157134137153126

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:205216157134137164145
Other comprehensive income (loss)   (1)0(1) 
Comprehensive income:205216157133137163145
Other undisclosed comprehensive income (loss), net of tax, attributable to parent57(26)(2)(28)(10)45(128)
Comprehensive income, net of tax, attributable to parent:26219015610512720817

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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