International Bancshares (International Bancshares) 12-1 Month Momentum % : 31.43% (As of Apr. 29, 2024)

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What is International Bancshares 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), International Bancshares's 12-1 Month Momentum % is 31.43%.

The industry rank for International Bancshares's 12-1 Month Momentum % or its related term are showing as below:

IBOC's 12-1 Month Momentum % is ranked better than
75.74% of 1554 companies
in the Banks industry
Industry Median: 10.13 vs IBOC: 31.43

Competitive Comparison of International Bancshares's 12-1 Month Momentum %

For the Banks - Regional subindustry, International Bancshares's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

International Bancshares's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, International Bancshares's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where International Bancshares's 12-1 Month Momentum % falls into.

International Bancshares (NAS:IBOC) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

International Bancshares (NAS:IBOC) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

International Bancshares 12-1 Month Momentum % Related Terms

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International Bancshares (International Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » International Bancshares Corp (NAS:IBOC) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359

Website

https://www.ibc.com

International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.

Executives

Sanchez Antonio R Jr	director, 10 percent owner	1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga	director	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez	officer: VICE PRESIDENT	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles	director	1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De	director	1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez	director	1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski	officer: Treasurer/PAO	1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin	officer: VICE PRESIDENT	1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra	director
Imelda Navarro	director, officer: Executive Officer
Leonardo Salinas	director	PO BOX 1359, LAREDO TX 78040
Larry A Norton	director	1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr	director	P O BOX 1359, LAREDO TX 78040
Dennis E Nixon	director, officer: CEO	P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland	director	1200 SAN BERNARDO AVE., LAREDO TX 78040