Profit Fan

International Bancshares: To Buy Or To Buy More? That Is The Question!

To save you some time: I think this bank is a great investment idea for both short and long term investors. It is undervalued when compared to peers and has a huge amount of liquidity and earning power that has been hidden by one time charges and debt that has been significantly reduced.

Now let's begin

On the surface, there isn't much to like about International Bancshares (NASDAQ:IBOC). Loan balances have been fairly flat over the past three years (which indicates low-no growth) and returns are far from what investors have come to expect from a regional bank in Texas.

But, beneath the surface is what I believe to be one of the most misunderstood and undervalued regional...

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