International Bancshares Corporation (IBOC) Balance Sheet
IBOC balance sheet, 2025
December 31, 2025 · U.S. dollars$16.68B assets = $13.43B liabilities + $3.25B equity
Both columns are drawn to the same scale: what IBOC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IBOC financial health
Descriptive bands, not a rating. Fiscal 2025.
IBOC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $11.80B2016 | $16.68B2025 | +3.9%/yr | |
| Total liabilities | $10.08B2016 | $13.43B2025 | +3.2%/yr | |
| Shareholders’ equity | $1.72B2016 | $3.25B2025 | +7.3%/yr | |
| Cash & short-term investments | $4.45B2016 | $536.5M2025 | −20.9%/yr | |
| Total debt | $948.8M2016 | $704.7M2025 | −3.2%/yr | |
| Net cash (debt) | $3.50B2016 | −$168.3M2025 | −$3.7B | |
| Working capital | −$2.87B2016 | $23.4M2025 | +$2.9B | |
| Book value per share | $26.012016 | $52.232025 | +8.1%/yr | |
| Debt / equity | 0.552016 | 0.222025 | −0.33 | |
| Shares outstanding | 66.3M2016 | 62.3M2025 | −0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IBOC assets
IBOC liabilities and equity
IBOC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IBOC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $536.5M | $5.34B | $5.47B | $6.51B | $7.42B | $5.08B | $3.64B | $3.73B | $4.42B | $4.45B |
| Cash & equivalents | $536.5M | $352.7M | $651.1M | $2.09B | $3.21B | $2.00B | $256.8M | $316.8M | $265.4M | $269.2M |
| Short-term investments | $4.83B | $4.99B | $4.82B | $4.42B | $4.21B | $3.08B | $3.38B | $3.41B | $4.15B | $4.18B |
| Receivables | $72.4M | $72.2M | $65.3M | $45.8M | $30.6M | $37.9M | $36.6M | $36.8M | $34.5M | $32.2M |
| Inventory | $0 | $0 | −$5.54B | −$2.17B | −$3.28B | −$2.10B | −$371.7M | $63.8M | $30.8M | $42.2M |
| Other current assets | $0 | $0 | $5.54B | $2.17B | $3.28B | $2.10B | $371.7M | $0 | $2.18B | $1.78B |
| Total current assets | $608.9M | $5.41B | $5.54B | $6.55B | $7.45B | $5.12B | $3.67B | $3.76B | $6.66B | $6.30B |
| Property, plant & equipment (net) | $423.0M | $428.2M | $437.1M | $431.6M | $447.1M | $479.9M | $506.6M | $506.9M | $514.5M | $527.6M |
| Goodwill & intangible assets | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $565.1M | $282.6M |
| Long-term investments | $5.42B | $5.35B | $5.17B | $358.9M | $296.9M | $254.4M | $7.15B | $6.84B | $6.85B | $6.42B |
| Other non-current assets | $9.94B | $4.26B | $3.63B | $7.88B | $7.57B | $7.90B | $498.3M | $480.2M | $0 | $0 |
| Total assets | $16.68B | $15.74B | $15.07B | $15.50B | $16.05B | $14.03B | $12.11B | $11.87B | $12.18B | $11.80B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $12.66B | $12.62B | $10.72B | $8.83B | $8.70B | $8.54B | $8.61B |
| Short-term debt | $585.5M | $535.3M | $530.4M | $431.2M | $439.7M | $428.1M | $236.5M | $230.0M | $1.30B | $788.4M |
| Total current liabilities | $585.5M | $12.65B | $12.35B | $8.20B | $6.28B | $11.15B | $9.06B | $8.93B | $4.54B | $9.17B |
| Long-term debt | $119.2M | $119.4M | $119.6M | $134.6M | $134.6M | $134.6M | $134.6M | $160.4M | $160.4M | $160.4M |
| Other long-term liabilities | $12.72B | $175.6M | $143.8M | $13.32B | $436.1M | $566.8M | $797.6M | $845.4M | $1.20B | $733.4M |
| Total liabilities | $13.43B | $12.94B | $12.62B | $13.46B | $570.8M | $11.85B | $9.99B | $9.93B | $10.35B | $10.08B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $96.7M | $96.6M | $96.5M | $96.4M | $96.4M | $96.2M | $96.2M | $96.1M | $96.0M | $95.9M |
| Retained earnings (deficit) | $3.68B | $3.36B | $3.03B | $2.70B | $2.47B | $2.29B | $2.20B | $2.06B | $1.89B | $1.78B |
| Treasury stock | — | — | — | — | — | — | −$329.1M | −$311.3M | −$292.3M | −$292.1M |
| Accumulated other comprehensive income | −$246.3M | −$379.1M | −$397.9M | −$470.5M | −$32.0M | $20.8M | $2.3M | −$54.6M | −$28.4M | −$26.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $3.25B | $2.80B | $2.45B | $2.04B | $15.48B | $2.18B | $2.12B | $1.94B | $1.84B | $1.72B |
| Key figures | ||||||||||
| Total debt | $704.7M | $654.7M | $650.0M | $565.8M | $574.3M | $999.1M | $997.7M | $1.10B | $1.46B | $948.8M |
| Net cash (debt) | −$168.3M | $4.69B | $4.82B | $5.94B | $6.85B | $4.08B | $2.64B | $2.63B | $2.96B | $3.50B |
| Working capital | $23.4M | −$7.23B | −$6.82B | −$1.65B | $1.18B | −$6.03B | −$5.39B | −$5.16B | $2.12B | −$2.87B |
| Tangible book value | $2.97B | $2.51B | $2.17B | $1.76B | $15.19B | $1.90B | $1.84B | $1.66B | $1.27B | $1.44B |
| Book value per share | $52.23 | $44.89 | $39.34 | $32.55 | $243.76 | $34.11 | $32.25 | $29.11 | $27.54 | $26.01 |
| Shares outstanding | 62.3M | 62.3M | 62.2M | 62.8M | 63.5M | 63.9M | 65.7M | 66.6M | 66.8M | 66.3M |
| Current ratio | 1.04 | 0.43 | 0.45 | 0.80 | 1.19 | 0.46 | 0.41 | 0.42 | 1.47 | 0.69 |
| Quick ratio | 1.04 | 0.43 | 0.45 | 0.80 | 1.19 | 0.46 | 0.41 | 0.42 | 0.98 | 0.49 |
| Debt / equity | 0.22 | 0.23 | 0.27 | 0.28 | 0.04 | 0.46 | 0.47 | 0.57 | 0.79 | 0.55 |
| Equity / assets | 19.5% | 17.8% | 16.2% | 13.2% | 96.4% | 15.5% | 17.5% | 16.3% | 15.1% | 14.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $451.2M | $585.9M | $536.5M | $5.44B | $735.1M | $591.7M | $5.34B | $5.79B | $5.66B | $5.68B | $5.47B | $5.39B |
| Cash & equivalents | $451.2M | $585.9M | $536.5M | $589.3M | $731.9M | $589.5M | $352.7M | $779.8M | $792.2M | $909.0M | $651.1M | $698.6M |
| Short-term investments | $3.62B | $3.37B | $4.83B | $4.85B | $3.2M | $2.2M | $4.99B | $5.01B | $4.87B | $4.77B | $4.82B | $4.69B |
| Receivables | $77.7M | $75.3M | $72.4M | $77.5M | $74.8M | $72.0M | $72.2M | $72.9M | $71.7M | $66.3M | $65.3M | $57.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$863.9M | $842.6M | −$5.54B | −$756.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $863.9M | $0 | $5.54B | $756.3M |
| Total current assets | $528.9M | $661.3M | $608.9M | $5.52B | $810.0M | $663.6M | $5.41B | $5.87B | $5.73B | $5.74B | $5.54B | $5.45B |
| Property, plant & equipment (net) | $420.9M | $421.5M | $423.0M | $425.6M | $428.4M | $430.0M | $428.2M | $435.7M | $434.4M | $438.0M | $437.1M | $434.3M |
| Goodwill & intangible assets | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M | $282.5M |
| Long-term investments | $4.05B | $3.82B | $5.42B | $5.24B | $3.86B | $3.77B | $5.35B | $5.35B | $5.22B | $5.13B | $5.17B | $5.07B |
| Other non-current assets | $11.74B | $11.64B | $9.94B | $5.09B | $11.08B | $11.13B | $4.26B | $3.96B | $3.82B | $3.76B | $3.63B | $3.67B |
| Total assets | $17.02B | $16.83B | $16.68B | $16.55B | $16.46B | $16.27B | $15.74B | $15.89B | $15.49B | $15.36B | $15.07B | $14.91B |
| Liabilities | ||||||||||||
| Short-term debt | $611.9M | $604.9M | $585.5M | $664.4M | $616.2M | $590.0M | $535.3M | $706.3M | $611.6M | $585.0M | $530.4M | $504.3M |
| Total current liabilities | $611.9M | $604.9M | $585.5M | $13.12B | $13.09B | $13.04B | $12.65B | $12.81B | $12.64B | $12.60B | $12.35B | $12.42B |
| Long-term debt | $119.1M | $119.1M | $119.2M | $119.3M | $169.3M | $139.4M | $119.4M | $119.5M | $119.5M | $119.6M | $119.6M | $119.7M |
| Other long-term liabilities | $12.92B | $12.81B | $12.72B | $184.3M | $180.1M | $193.2M | $175.6M | $216.1M | $151.7M | $157.1M | $143.8M | $173.8M |
| Total liabilities | $13.65B | $13.54B | $13.43B | $13.42B | $13.44B | $13.37B | $12.94B | $13.14B | $12.91B | $12.88B | $12.62B | $12.71B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $96.7M | $96.7M | $96.7M | $96.7M | $96.6M | $96.6M | $96.6M | $96.6M | $96.6M | $96.6M | $96.5M | $96.4M |
| Retained earnings (deficit) | $3.83B | $3.74B | $3.68B | $3.57B | $3.51B | $3.41B | $3.36B | $3.24B | $3.18B | $3.09B | $3.03B | $2.92B |
| Accumulated other comprehensive income | −$275.9M | −$267.1M | −$246.3M | −$263.1M | −$303.5M | −$334.4M | −$379.1M | −$311.0M | −$423.9M | −$419.9M | −$397.9M | −$545.2M |
| Total shareholders' equity | $3.38B | $3.29B | $3.25B | $3.13B | $3.02B | $2.90B | $2.80B | $2.75B | $2.58B | $2.48B | $2.45B | $2.19B |
| Key figures | ||||||||||||
| Total debt | $731.0M | $724.0M | $704.7M | $783.6M | $785.5M | $729.3M | $654.7M | $825.7M | $731.1M | $704.5M | $650.0M | $623.9M |
| Net cash (debt) | −$279.9M | −$138.1M | −$168.3M | $4.65B | −$50.3M | −$137.7M | $4.69B | $4.97B | $4.93B | $4.97B | $4.82B | $4.77B |
| Working capital | −$83.0M | $56.4M | $23.4M | −$7.60B | −$12.28B | −$12.38B | −$7.23B | −$6.94B | −$6.91B | −$6.86B | −$6.82B | −$6.97B |
| Tangible book value | $3.09B | $3.01B | $2.97B | $2.85B | $2.74B | $2.61B | $2.51B | $2.47B | $2.29B | $2.20B | $2.17B | $1.91B |
| Book value per share | $54.21 | $52.82 | $52.24 | $50.26 | $48.56 | $46.47 | $44.88 | $44.14 | $41.38 | $39.89 | $39.35 | $35.01 |
| Shares outstanding | 62.3M | 62.2M | 62.2M | 62.2M | 62.2M | 62.3M | 62.3M | 62.3M | 62.3M | 62.3M | 62.2M | 62.7M |
| Current ratio | 0.86 | 1.09 | 1.04 | 0.42 | 0.06 | 0.05 | 0.43 | 0.46 | 0.45 | 0.46 | 0.45 | 0.44 |
| Quick ratio | 0.86 | 1.09 | 1.04 | 0.42 | 0.06 | 0.05 | 0.43 | 0.46 | 0.45 | 0.46 | 0.45 | 0.44 |
| Debt / equity | 0.22 | 0.22 | 0.22 | 0.25 | 0.26 | 0.25 | 0.23 | 0.30 | 0.28 | 0.28 | 0.27 | 0.28 |
| Equity / assets | 19.8% | 19.5% | 19.5% | 18.9% | 18.4% | 17.8% | 17.8% | 17.3% | 16.6% | 16.2% | 16.2% | 14.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
IBOC financial position
At the end of fiscal 2025 (December 31, 2025), International Bancshares had total assets of $16.7 billion (up 6.0% from a year earlier), total liabilities of $13.4 billion and shareholders' equity of $3.3 billion. It held $536.5 million in cash and short-term investments against $704.7 million of debt, net debt of $168.3 million. Its current ratio was 1.04. In the latest quarter (ended June 30, 2026) total assets were $17.0 billion and equity $3.4 billion.
Related: IBOC income statement, IBOC cash flow statement, IBOC key metrics. See the IBOC stock overview for the latest quote and news.
IBOC balance sheet FAQ
What are International Bancshares's total assets?
International Bancshares reported total assets of $16.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $15.7 billion a year earlier.
How much debt does International Bancshares have?
International Bancshares had $704.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.22.
How much cash does International Bancshares have?
International Bancshares held $536.5 million in cash and short-term investments at the end of fiscal 2025; with $704.7 million of debt that is net debt of $168.3 million.
What is International Bancshares's book value?
International Bancshares's shareholders' equity (book value) was $3.3 billion at the end of fiscal 2025, or $52.23 per share.
What is International Bancshares's current ratio?
International Bancshares had current assets of $608.9 million and current liabilities of $585.5 million, a current ratio of 1.04 (it can cover its short-term obligations).
How much goodwill does International Bancshares have?
International Bancshares carried $282.5 million of goodwill and intangible assets, 1.7% of total assets, at the end of fiscal 2025.