Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Fair
Sales growth Fair
EPS growth Poor
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $76.87
Target stock price (averages with growth) $85.25
Target stock price (averages with no growth) $63.7
Target stock price (manual assumptions) $69.19

The following company description is from Google Finance: http://www.google.com/finance?q=ibkc

IBERIABANK Corporation (IBKC), incorporated on November 21, 1994, is a financial holding company. IBKC is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners, LLC, a corporate finance services firm; IB Aircraft Holdings LLC, a holding company for its fractional investment in an aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust services, and IBERIA CDE LLC (CDE), which invests in purchased tax credits. It offers commercial and retail banking products and services to customers throughout locations in six states. On July 31, 2012, it acquired Fort Myers, Florida-based Florida Gulf Bancorp Inc and its subsidiary bank, Florida Gulf Bank.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in IBERIABANK Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I will be removing IBERIABANK Corporation from my Watch List.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of IBERIABANK Corporation calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(s2member_level1)]
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $62.4

Growth: 0.13

Current EPS (TTM): $2.88

P/E: 21

Future EPS Calc: $5.3

Future Stock Price Calc: $111.43

Target stock price: $69.18

I hope that this makes you a better investor. [/s2If]

Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $81.35
Target stock price (averages with growth) $86.25
Target stock price (averages with no growth) $57.25
Target stock price (manual assumptions) $74.02

The following company description is from Google Finance: http://www.google.com/finance?q=ibkc

IBERIABANK Corporation (IBKC), incorporated on November 21, 1994, is a financial holding company. IBKC is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners, LLC, a corporate finance services firm; IB Aircraft Holdings LLC, a holding company for its fractional investment in an aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust services, and IBERIA CDE LLC (CDE), which invests in purchased tax credits. It offers commercial and retail banking products and services to customers throughout locations in six states. On July 31, 2012, it acquired Fort Myers, Florida-based Florida Gulf Bancorp Inc and its subsidiary bank, Florida Gulf Bank.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $77.8
Target stock price (averages with growth) $84.68
Target stock price (averages with no growth) $58.36
Target stock price (manual assumptions) $66.9

The following company description is from Google Finance: http://www.google.com/finance?q=ibkc
IBERIABANK Corporation (IBKC) is a financial holding company. IBKC is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners, LLC, a corporate finance services firm; IB Aircraft Holdings LLC, a holding company for its fractional investment in an aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust services, and IBERIA CDE LLC (CDE), which invests in purchased tax credits. It offers commercial bank products and services to its clients. These products and services include a range of commercial, consumer, mortgage, and private banking products and services, cash management, deposit and annuity products and investment brokerage services. On July 31, 2012, it acquired Fort Myers, Florida-based Florida Gulf Bancorp Inc and its subsidiary bank, Florida Gulf Bank.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

 

Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Good
EPS growth Fair
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $78.57
Target stock price (averages with growth) $81.72
Target stock price (averages with no growth) $49.95
Target stock price (manual assumptions) $69.84

The following company description is from Google Finance: http://www.google.com/finance?q=ibkc

IBERIABANK Corporation (IBKC) is a financial holding company. The Company operates in three segment levels: IBERIABANK, IBERIABANK fsb, and Lenders Title Company (Lenders Title). As of December 31, 2010, the Company had 226 combined offices, including 145 bank branch offices in Louisiana, Arkansas, Florida, Alabama, Tennessee, and Texas, 27 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 54 locations in 12 states. On July 23, 2010, IBERIABANK acquired certain assets of Sterling Bank, including its loan portfolio, and assumed deposits and other liabilities of Sterling Bank from the Federal Deposit Insurance Corporation (FDIC), as receiver. On December 31, 2010, IBERIABANK fsb, its federal savings bank subsidiary was merged with and into IBERIABANK. On May 31, 2011, the Company acquired OMNI BANCSHARES, Inc. On May 31, 2011, the Company acquired Cameron Bancshares, Inc.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $91
Target stock price (averages with growth) $118.3
Target stock price (averages with no growth) $95.77
Target stock price (manual assumptions) $73.4

“IBERIABANK Corporation (IBERIABANK) is a multi-bank financial holding
company with 209 combined offices, including 136 bank branch offices in
Louisiana, Arkansas, Florida, Alabama, Tennessee, and Texas, 26 title
insurance offices in Arkansas and Louisiana, and mortgage representatives in
47 locations in 12 states. The Company is the holding company for
IBERIABANK, a Louisiana banking corporation, Louisiana; IBERIABANK fsb, a
federal savings bank; Lenders Title Company, an Arkansas-chartered title
insurance and closing services agency and IBERIA Capital Partners LLC, a
corporate finance services firm in formation. The Company offers traditional
commercial bank products and services to its clients. These products and
services include a an array of commercial, consumer, mortgage, and private
banking products and services, cash management, deposit and annuity
products, and investment brokerage services. ”

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.