INTERNATIONAL BANCSHARES CORP company info

CIK 315709
IRS Number 742157138
State of incorporation TX
Business address 12OO SAN BERNARDO AVE
PO BOX 1359
LAREDO
TX
78040-1359
Mail address P O BOX 1359
1200 SAN BERNARDO
LAREDO
TX
78040

Short summary

INTERNATIONAL BANCSHARES CORP is a Texas company, with head office located at 12Oo San Bernardo Ave Laredo, Texas 78040-1359. The company achieved a record breaking net income last year - 215.93 million USD. This is 37.15% higher than one reported in 2017. In 2018 the company owned a total of 11.87 billion USD worth of assets. 2013 was the year when the company amassed the most assets.

INTERNATIONAL BANCSHARES CORP Income Statement

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Interest expense 231.73139.80114.0494.3074.5054.6346.5444.3243.1338.9352.67
Income Tax Expense (Benefit) 69.5377.9970.9664.0850.5756.2476.7970.1263.0764.2156.65
Net income 132.11142.74130.02127.15107.84126.35153.15136.73133.93157.44215.93

INTERNATIONAL BANCSHARES CORP Balance Sheet

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 346.05266.01244.30221.92219.91238.92451.70260.39245.35316.92265.12316.80
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 313.14329.68340.13355.79378.68403.17420.28448.47468.17
Goodwill 282.53282.53282.53282.53282.53282.53282.53282.53282.53282.53
Intangible Assets, Net (Excluding Goodwill) 19.8314.7110.005.521.060.520.090.03
Total assets 11,305.6911,820.3411,556.0011,596.9112,436.4712,074.1311,776.6412,035.2211,989.0011,871.95
Total liabilities 9,848.6010,258.289,919.8210,199.6210,900.3510,445.8810,036.0210,238.5310,109.279,932.37
Common Stock, Value, Issued 95.7195.7295.7295.7395.7795.8395.8896.0096.0796.10
Retained Earnings (Accumulated Deficit) 1,170.221,261.401,339.051,411.691,531.621,635.871,727.151,828.741,982.462,064.13
Accumulated Other Comprehensive Income (Loss), Net of Tax 68.7886.3984.27-15.1810.428.5340.98-6.91-79.54-54.63

INTERNATIONAL BANCSHARES CORP Cash Flow

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Net income 132.11142.74130.02127.15107.84126.35153.15136.73133.93157.44215.93
Amortization of Intangible Assets 5.205.295.285.294.654.632.390.640.130.03
Deferred Income Tax Expense (Benefit) -4.68-3.04-3.53-2.307.92-1.82-1.03-0.337.314.575.14
Net Cash Provided by (Used in) Operating Activities 154.10141.77127.22203.65203.22196.82229.85
Payments to Acquire Property, Plant, and Equipment 68.5461.0215.9520.3962.0350.0250.3619.8338.8614.3221.40
Payments to Acquire Intangible Assets 1.070.260.240.170.28
Net Cash Provided by (Used in) Investing Activities -1,251.41679.15-204.51373.23-137.76-403.81379.44
Net Cash Provided by (Used in) Investing Activities, Continuing Operations 638.21-255.44207.13-261.02-447.65-90.40373.23-137.76
Payments for Repurchase of Common Stock 1.089.356.956.441.7218.926.687.970.1919.04
Payments of Ordinary Dividends, Common Stock 45.2523.2624.4425.6526.8928.8934.7638.5239.5743.5949.60
Net Cash Provided by (Used in) Financing Activities 1,049.98-895.0050.46-558.97-69.31203.15-557.85
Cash and Cash Equivalents, Period Increase (Decrease) -47.33-74.08-26.8217.91-3.86-3.84