IBOC - International Bancshares Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
34.38
-0.79 (-2.25%)
At close: 4:00PM EDT
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Previous Close35.17
Open34.93
Bid32.04 x 1200
Ask43.42 x 800
Day's Range34.11 - 35.38
52 Week Range32.04 - 47.95
Volume451,694
Avg. Volume242,553
Market Cap2.257B
Beta (3Y Monthly)1.26
PE Ratio (TTM)10.74
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.00 (2.84%)
Ex-Dividend Date2019-03-29
1y Target EstN/A
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News
Press Releases
  • Business Wire

    IBC Reports Strong 2019 Earnings

    International Bancshares Corporation , one of the largest independent bank holding companies in Texas, today reported net income for the six months ended June 30, 2019 was $101.9 million or $1.55 diluted earnings per common share compared to $106.3 million or $1.59 diluted earnings per common share for the same period of 2018, representing a 3.7 percent decrease in diluted earnings per share and a ...

  • Business Wire

    International Bancshares Corporation Announces Appointment of New Director

    International Bancshares Corporation today announced that it has appointed Rudolph M. Miles to IBC’s Board to fill the vacancy created by Peggy J. Newman’s recent retirement.

  • Business Wire

    IBC Reports Strong First Quarter 2019 Earnings

    International Bancshares Corporation (IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2019 of $51.9 million or $0.79 diluted earnings per common share ($0.79 per share basic), compared to $53.4 million or $0.80 diluted earnings per common share ($0.81 per share basic) for the same period in 2018, representing a decrease of 1.3 percent in diluted earnings per share and a 2.8 percent decrease in net income. Net income for the three months ended March 31, 2019 was positively affected by an increase in net interest income due to a higher volume of loans and an increase in the overall yield of the loan portfolio, which was offset by an increase in interest expense primarily due to an increase in the cost of borrowings expense, and an increase in the interest paid on savings and time deposit accounts.

  • Business Wire

    International Bancshares Corporation Announces 19 Percent Increase in Cash Dividend

    International Bancshares Corporation (“IBC”) announced today that on March 15, 2019, IBC’s Board of Directors approved the declaration of a 50 cents per share cash dividend, increasing the dividend by 8 cents or 19 percent from the previous cash dividend of 42 cents paid on October 16, 2018. This significant increase follows a 27 percent increase in the cash dividend paid in October 2018 from the 33 cents per share paid in April 2018. This cash dividend will be paid to shareholders of record of Common Stock, $1.00 par value, as of the close of business on April 1, 2019, payable on April 15, 2019.

  • Business Wire

    IBC Reports Record 2018 Earnings

    International Bancshares Corporation , one of the largest independent bank holding companies in Texas, today reported annual net income for 2018 of $215.9 million or $3.24 diluted earnings per common share compared to $157.4 million or $2.36 diluted earnings per common share , which represents a 37.2 percent increase in net income and a 37.3 percent increase in diluted earnings per share over the corresponding ...

  • IBC Bank Chairman and CEO Dennis E. Nixon Offers Common Sense Solutions for Border Security
    Business Wire

    IBC Bank Chairman and CEO Dennis E. Nixon Offers Common Sense Solutions for Border Security

    “In 2017, I authored a white paper entitled 'Common Sense Border Security Solutions,' which I have shared with members of Congress, Trump Administration officials and other leaders in the public and private sectors across the country. In it, I presented a plan for addressing border security and immigration that is sensible, fiscally responsible and that serves our national interests.

  • Business Wire

    IBC Reports 40% Increase in Year to Date 2018 Earnings

    International Bancshares Corporation (IBOC), one of the largest independent bank holding companies in Texas (“IBC”), today reported net income for the nine months ended September 30, 2018 of $157.4 million or $2.36 diluted earnings per common share ($2.38 per share basic) compared to $112.2 million or $1.68 diluted earnings per common share ($1.70 per share basic), which results in an increase of 40% in net income and 40% in diluted earnings per share over the corresponding period of 2017. Net income for the three months ended September 30, 2018 was $51.1 million or $.77 diluted earnings per common share ($.77 per share basic) compared to $39.6 million or $.59 diluted per common share ($.60 per share basic), which represents a 29% increase in net income and a 31% increase in diluted earnings per share over the corresponding period of 2017.

  • Business Wire

    International Bancshares Corporation Announces 27% Increase in Cash Dividend

    International Bancshares Corporation (“IBC”), a multi-bank financial holding company, (IBOC) announced today that its Board of Directors approved the declaration of a 42 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on October 9, 2018, payable on October 16, 2018. “This significant increase in the cash dividend was made possible because of our company’s strong earnings performance augmented by the benefits of the recent tax cut, and the very strong capital position of the company,” said Dennis E. Nixon, President and CEO of IBC. IBC (NASDAQ:IBOC - News) is a multi-bank financial holding company with approximately $12 billion in assets headquartered in Laredo, Texas, with 188 facilities and 291 ATMs serving 90 communities in Texas and Oklahoma.