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 - 157.44 million USD. This is 17.55% higher than one reported in 2016. In 2017 the company owned a total of 11.99 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]20072008200920102011201220132014201520162017Trends
Interest expense 231.73139.80114.0494.3074.5054.6346.5444.3243.1338.93
Income Tax Expense (Benefit) 69.5377.9970.9664.0850.5756.2476.7970.1263.0764.21
Net income 132.11142.74130.02127.15107.84126.35153.15136.73133.93157.44

INTERNATIONAL BANCSHARES CORP Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 346.05266.01244.30221.92219.91238.92451.70260.39245.35316.92265.12
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 313.14329.68340.13355.79378.68403.17420.28448.47
Goodwill 282.53282.53282.53282.53282.53282.53282.53282.53282.53
Intangible Assets, Net (Excluding Goodwill) 19.8314.7110.005.521.060.520.090.03
Total assets 11,305.6911,820.3411,556.0011,596.9112,436.4712,074.1311,776.6412,035.2211,989.00
Total liabilities 9,848.6010,258.289,919.8210,199.6210,900.3510,445.8810,036.0210,238.5310,109.27
Common Stock, Value, Issued 95.7195.7295.7295.7395.7795.8395.8896.0096.07
Retained Earnings (Accumulated Deficit) 1,170.221,261.401,339.051,411.691,531.621,635.871,727.151,828.741,982.46
Accumulated Other Comprehensive Income (Loss), Net of Tax 68.7886.3984.27-15.1810.428.5340.98-6.91-79.54

INTERNATIONAL BANCSHARES CORP Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 132.11142.74130.02127.15107.84126.35153.15136.73133.93157.44
Amortization of Intangible Assets 5.205.295.285.294.654.632.390.640.130.03
Deferred Income Tax Expense (Benefit) -4.68-3.04-3.53-2.307.92-1.82-1.03-0.337.314.57
Net Cash Provided by (Used in) Operating Activities 154.10141.77127.22203.65203.22196.82
Payments to Acquire Property, Plant, and Equipment 68.5461.0215.9520.3962.0350.0250.3619.8338.8614.32
Payments to Acquire Intangible Assets 1.070.260.240.170.28
Net Cash Provided by (Used in) Investing Activities -1,251.41679.15-204.51373.23-137.76-403.81
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 1.089.356.956.441.7218.926.687.970.19
Payments of Ordinary Dividends, Common Stock 45.2523.2624.4425.6526.8928.8934.7638.5239.5743.59
Net Cash Provided by (Used in) Financing Activities 1,049.98-895.0050.46-558.97-69.31203.15
Cash and Cash Equivalents, Period Increase (Decrease) -47.33-74.08-26.8217.91-3.86-3.84