International Bancshares Corp (OQ:IBOC)

Apr 12, 2024 03:43 pm ET
International Bancshares Corporation Ranked Third on Forbes’ America’s Best Banks List for 2023
International Bancshares Corporation (IBC)(NASDAQ: IBOC) has once again been ranked among the nation’s best banks by Forbes Magazine.
Apr 03, 2024 11:01 am ET
International Bancshares Corporation Ranked #1 by S&P Global Market Intelligence’s Top 50 Public Banks for 2023
International Bancshares Corporation (IBC) (NASDAQ:IBOC) is proud to announce that it ranked #1 among S&P Global Market Intelligence's best-performing U.S. Public Banks for 2023. The rankings assessed the financial performance of operating U.S. public banks with total assets exceeding $10 billion as of Dec. 31, 2023.
Mar 04, 2024 09:00 am ET
IBC Bank Names Kyle McElvaney President and CEO of Oklahoma Market
The IBC Bank-Oklahoma board of directors announced the promotion of Kyle McElvaney as president and CEO of IBC Bank for the state of Oklahoma. The Oklahoma Charter includes a branch in Dallas, Texas. McElvaney previously served as president of IBC Bank in Oklahoma City. With over 22 years of experience in community banking, McElvaney brings great value to the Oklahoma business community. The Oklahoma City native has spent his entire career with IBC Bank.
Feb 26, 2024 01:16 pm ET
IBC Reports 37% Increase in Earnings in 2023
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2023 of $411.8 million, or $6.62 diluted earnings per common share ($6.63 per share basic), compared to $300.2 million, or $4.78 diluted earnings per common share ($4.79 per share basic), which represents an increase of 38.5% in diluted earnings per share and a 37.2% increase in net income over the corresponding period in 2022. Net income for the three months ended Dec. 31, 2023 was $1
Feb 01, 2024 10:47 am ET
International Bancshares Corporation Increases Cash Dividend by 4.76%
International Bancshares Corporation (NASDAQ: IBOC) announced today that on Jan. 31, 2024, IBC’s Board of Directors approved the declaration of a 66 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 15, 2024, payable on Feb. 28, 2024. This dividend represents a 4.76% or 3 cents per share increase above IBC’s previous dividend paid on Aug. 25, 2023.
Nov 02, 2023 01:16 pm ET
IBC Continues to Deliver Exceptional Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended Sept. 30, 2023 of $305.4 million, or $4.91 diluted earnings per common share ($4.92 per share basic), compared to $194.8 million, or $3.09 diluted earnings per common share ($3.10 per share basic), for the same period of 2022, which represents an increase of 56.8% in net income and an increase of 58.9% in diluted earnings per common share. Net income for the three months en
Aug 03, 2023 01:15 pm ET
IBC Continues Stellar Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the six months ended June 30, 2023 of $202.1 million, or $3.25 diluted earnings per common share ($3.25 per share basic) compared to $111.5 million or $1.76 diluted earnings per common share ($1.77 per share basic) for the same period of 2022, which represents an increase of 81.3% in net income and an increase of 84.7% in diluted earnings per common share. Net income for the three months ended J
Jul 27, 2023 10:46 am ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (NASDAQ: IBOC) announced today that on July 25, 2023, IBC’s Board of Directors approved the declaration of a .63 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on August 11, 2023, payable on August 25, 2023. “This discretionary cash dividend was made possible because of our Company’s continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity, and more than fifty-six years of positive earnin
May 24, 2023 01:41 pm ET
International Bancshares Makes Forbes’ America’s Best Banks List
International Bancshares Corporation (IBC)(NASDAQ: IBOC) has once again been ranked among the nation’s best banks by Forbes Magazine.
May 04, 2023 12:00 pm ET
IBC Continues Stellar Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2023 of $101.6 million or $1.63 diluted earnings per common share ($1.64 per share basic) compared to $53.5 million or $.84 diluted earnings per common share ($.84 per share basic), which represents an increase of 94 percent in diluted earnings per share and a 90 percent increase in net income over the corresponding period in 2022.
Feb 23, 2023 01:58 pm ET
IBC Reports Record 2022 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2022 of $300.2 million or $4.78 diluted earnings per common share ($4.79 per share basic) compared to $253.9 million or $4.00 diluted earnings per common share ($4.01 per share basic), which represents an increase of 19.5 percent in diluted earnings per share and an 18.2 percent increase in net income over the corresponding period in 2021. Net income for the three months ended Dec. 31, 20
Feb 01, 2023 10:53 am ET
International Bancshares Corporation Announces Cash Dividend Increase
International Bancshares Corporation (NASDAQ: IBOC) announced today that on January 31, 2023, IBC’s Board of Directors approved the declaration of a .63 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on February 15, 2023, payable on February 28, 2023. This dividend represents a 5%, or .03 cents per share, increase above IBC’s previous dividend paid on August 29, 2022. “This discretionary cash dividend was made possible because of our Company’s continued record of superior financial results. Adding to this strong per
Nov 03, 2022 01:31 pm ET
IBC Reports Stellar Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended Sept. 30, 2022 was $83.4 million or $1.34 diluted earnings per common share ($1.34 per share basic) compared to $54.6 million or $.86 diluted earnings per common share ($.86 per share basic) for the same period of 2021, which represents an increase of 55.8 percent in diluted earnings per share and an increase of 52.7 percent in net income. Net income for the first nine mon
Aug 04, 2022 04:13 pm ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (NASDAQ: IBOC) announced today that on Aug. 2, 2022, IBC’s Board of Directors approved the declaration of a .60 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 16, 2022, payable on Aug. 29, 2022. “This discretionary cash dividend was made possible because of our Company’s long-standing record of positive financial performance, as demonstrated by our exceptionally strong capital position, significant liquidity and more than fifty-five years of positive earnings. We remain c
Aug 04, 2022 12:09 pm ET
IBC Reports Strong Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the first six months of 2022 of $111.5 million or $1.76 diluted earnings per common share ($1.77 per share basic) compared to $142.8 million or $2.25 diluted earnings per common share ($2.25 per share basic) for the same period of 2021, which represents a decrease of 21.8 percent in diluted earnings per common share and a decrease of 21.9 percent in net income. Net income for the three months en
May 05, 2022 12:17 pm ET
IBC Reports Strong Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the first three months of 2022 of $53.5 million or $.84 diluted earnings per common share ($.84 per share basic) compared to $50.8 million or $.80 diluted earnings per common share ($.80 per share basic) for the same period of 2021, which represents an increase of 5.0 percent in diluted earnings per share and a 5.3 percent increase in net income.
Feb 28, 2022 11:32 am ET
International Bancshares Corporation Announces Appointment of New Director
International Bancshares Corporation (“IBC”) (NASDAQ: IBOC) announced today that on Feb. 23, 2022, IBC’s Board of Directors appointed Ms. Diana G. Zuniga to IBC’s Board to fill the vacancy created by Irving Greenblum’s retirement. The board unanimously voted to appoint Ms. Zuniga as a new director of IBC after recommendation from the Board’s Nominating Committee. “Ms. Zuniga will bring her talent, experience and maturity to our holding company Board. She is an accomplished, highly respected entrepreneur, and a community leader who will add value to our Board deliberations and our company,” sai
Feb 24, 2022 12:58 pm ET
IBC Reports 2021 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2021 of $253.9 million or $4.00 diluted earnings per common share ($4.01 per share basic) compared to $167.3 million or $2.62 diluted earnings per common share ($2.63 per share basic), which represents an increase of 52.7 percent in diluted earnings per share and a 51.8 percent increase in net income over the corresponding period in 2020. Net income for the three months ended Dec. 31, 202
Feb 04, 2022 01:04 pm ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (“IBC”) announced today that on Feb. 3, 2022, IBC’s Board of Directors approved the declaration of a .60 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 15, 2022, payable on Feb. 28, 2022. The Company previously modified its discretionary dividend program due to COVID-19 by moving up the payment date, so future dividends, if declared, will likely occur in February and August going forward. “This discretionary cash dividend was made possible because of our Company’s strong
Nov 04, 2021 02:43 pm ET
IBC Reports Strong Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended Sept. 30, 2021 was $54.6 million or $.86 diluted earnings per common share ($.86 per share basic), compared to $42.7 million or $.67 diluted earnings per common share ($.68 per share basic) for the same period in 2020, representing an increase of 28.4 percent in diluted earnings per share and an increase of 27.9 percent in net income. Net income for the nine months ended Sept. 30, 2021 was $197.4 million or $3.11 diluted earnin
Oct 14, 2021 12:49 pm ET
IBC Bank Leaders Applaud Border Opening
International Bank of Commerce leaders welcomed news that the Biden administration intends to relax travel restrictions on land-border crossings from Mexico and Canada. The restrictions, which have been in place since March 2020 and have barred land-border crossings to all “non-essential” travel, have devastated the border economy in South Texas.
Aug 09, 2021 10:59 am ET
International Bancshares Corporation Announces Cash Dividend Increase
International Bancshares Corporation (“IBC”) announced today that on Aug. 3, 2021, IBC’s Board of Directors approved the declaration of a .60 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 20, 2021, payable on Sept. 3, 2021, in lieu of the discretionary dividend that IBC has historically paid in October. This dividend is a 9%, or 5-cent, increase above IBC’s last dividend paid.
Aug 05, 2021 12:33 pm ET
IBC Reports Strong Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended June 30, 2021 was $92.0 million or $1.45 diluted earnings per common share ($1.45 per share basic), compared to $41.5 million or $.65 diluted earnings per common share ($.66 per share basic) for the same period in 2020, representing an increase of 123.1 percent in diluted earnings per share and an increase of 121.7 percent in net income. Net income for the six months ended
Jul 21, 2021 03:45 pm ET
Forbes Gives High Ranks to IBC Bank
International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, today announced its subsidiary banks received top honors by Forbes Magazine, according to an article published June 24, 2021, titled “The Best Banks and Credit Unions In Every State 2021.” IBC Bank in Texas was ranked #1 and IBC Bank in Oklahoma was ranked #3 in the fourth annual ranking. The financial institutions were scored on the basis of overall recommendations and satisfaction. Five sub-dimensions also included were trust, terms and conditions, branch services, digital ser
May 06, 2021 12:48 pm ET
IBC Reports Strong First Quarter 2021 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2021 was approximately $50.8 million or $.80 diluted earnings per common share ($.80 per share basic), compared to approximately $34.8 million or $.53 diluted earnings per common share ($.54 per share basic) for the same period in 2020, representing an increase of approximately 46.0 percent in net income and approximately 50.9 percent in diluted earnings p
Feb 25, 2021 01:26 pm ET
IBC Reports 2020 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2020 of $167.3 million or $2.62 diluted earnings per common share ($2.63 per share basic) compared to $205.1 million or $3.12 diluted earnings per common share ($3.13 per share basic), which represents a decrease of 16.0 percent in diluted earnings per share and an 18.4 percent decrease in net income over the corresponding period in 2019. Net income for the three mont
Jan 25, 2021 11:33 am ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (“IBC”) announced today that on Jan. 22, 2021, IBC’s Board of Directors approved the early declaration of a .55 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 5, 2021, payable on Feb. 17, 2021, in lieu of the discretionary dividend that IBC has historically paid in April. “This discretionary cash dividend was made possible because of our Company’s historically strong financial performance, augmented by the benefits of the 2017 Tax Cut and Jobs Act, and our exceptionally s
Jan 18, 2021 12:01 pm ET
Dennis E. Nixon, Chairman and CEO of IBC Bank in Laredo, Texas and Woody L. Hunt, Senior Chairman of Hunt Companies, Inc. in El Paso, Texas Offer the Following Advice
Dennis E. Nixon, chairman and CEO of IBC Bank in Laredo, Texas and Woody L. Hunt, senior chairman of Hunt Companies, Inc. in El Paso, Texas offer the following advice:
Nov 05, 2020 12:37 pm ET
IBC Reports 2020 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended Sept. 30, 2020 was $42.7 million or $.67 diluted earnings per common share ($.68 per share basic), compared to $51.4 million or $.78 diluted earnings per common share ($.79 per share basic) for the same period in 2019, representing a decrease of 14.1 percent in diluted earnings per share and a decrease of 16.9 percent in net income. Net income for the nine months ended Sep
Sep 08, 2020 10:55 am ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (“IBC”) announced today that on Sept. 4, 2020, IBC’s Board of Directors approved the declaration of a .55 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Sept. 21, 2020, payable on Oct. 5, 2020. “This cash dividend was made possible because of our company’s strong earnings performance, augmented by the benefits of the 2017 Tax Cut and Jobs Act, and the company’s exceptionally strong capital position,” said Dennis E. Nixon, president and CEO of IBC.
Aug 06, 2020 01:12 pm ET
IBC Reports 2020 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended June 30, 2020 was $41.5 million or $.65 diluted earnings per common share ($.66 per share basic), compared to $50.0 million or $.76 diluted earnings per common share ($.76 per share basic) for the same period in 2019, representing a decrease of 14.5 percent in diluted earnings per share and a decrease of 17.0 percent in net income. Net income for the six months ende
Jun 30, 2020 05:10 pm ET
IBC Bank Executives Laud Implementation of USMCA
The United States-Mexico-Canada Agreement (USMCA), which enters into force on July 1, will bring North American free trade into the 21st Century as well as provide a unique opportunity to address global supply chain vulnerabilities exposed by the COVID-19 pandemic. The updated agreement between the three nations solidifies the world’s largest trade bloc, with a combined population of 450 million people and total GDP of nearly $25 trillion.
May 08, 2020 01:23 pm ET
International Bancshares Corporation Confirms 2020 Annual Shareholders Meeting to Be Held In-Person
International Bancshares Corporation (“IBC”) announced today that on May 5, 2020, our Board of Directors approved holding IBC’s 2020 Annual Shareholders Meeting in-person as planned and disclosed in our shareholders letter dated April 17, 2020. The primary location remains at the IBC Annex Building, 2416 Jacaman Rd. Laredo, Texas 78041. We intend to make available on-site multiple locations for viewing by video if the size of the crowd would stress the ability to socially distance at the Annex site.
May 07, 2020 01:16 pm ET
IBC Reports First Quarter 2020 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2020 was $34.8 million or $.53 diluted earnings per common share ($.54 per share basic), compared to $51.9 million or $.79 diluted earnings per common share ($.79 per share basic) for the same period in 2019, representing a decrease of 32.9 percent in net income and diluted earnings per share.
Apr 20, 2020 09:49 am ET
IBC Bank Chairman and CEO Dennis E. Nixon Appointed to Governor Abbott’s Economic ‘Strike Force’
Friday, Governor Greg Abbott announced the formation of a ‘statewide strike force’ that will be tasked with overseeing the re-opening of the Texas economy. IBC Bank Chairman and CEO Dennis E. Nixon was appointed to the strike force, along with Michael Dell, Kendra Scott, former Dallas Federal Reserve Bank President Richard Fisher, and other civic and business leaders. The goal of the strike force will be to advise Governor Abbott regarding a phased re-opening of Texas businesses and a strategy to reignite the state economy and facilitate economic recovery.
Mar 17, 2020 11:44 am ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (NASDAQ:IBOC) (“IBC”) announced today that on March 16, 2020, IBC’s Board of Directors approved the declaration of a $.55 cents per share cash dividend for shareholders of record of IBC’s common stock, $1.00 par value, as of the close of business on April 1, 2020, payable on April 17, 2020.
Feb 27, 2020 01:32 pm ET
IBC Reports Strong 2019 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2019 of $205.1 million or $3.12 diluted earnings per common share ($3.13 per share basic), compared to $215.9 million or $3.24 diluted earnings per common share ($3.27 per share basic), which represents a decrease of 3.7 percent in diluted earnings per share and a 5.0 percent decrease in net income over the corresponding period in 2018. Net income for the three months ended Dec. 31, 2019
Feb 06, 2020 12:45 pm ET
No Time for a Victory Lap: Implementation of USMCA Must Start Now
The following is an opinion editorial provided by Dennis E. Nixon, CEO of International Bank of Commerce in Laredo, and chairman of the board of International Bancshares Corporation
Jan 16, 2020 04:35 pm ET
IBC Bank Lauds Congressional Passage of USMCA
“The ratification of USMCA is a defining generational moment for our local communities and our country,” stated Dennis E. Nixon, president and CEO of International Bank of Commerce and chairman of International Bancshares Corporation, following the Senate’s sweeping final approval of the trade agreement.
Dec 18, 2019 04:28 pm ET
IBC Bank Chairman Named Co-Chair of Trade Policy Working Group of Prestigious U.S.–Mexico CEO Dialogue
IBC Bank Chairman and CEO Dennis E. Nixon, a longtime advocate for free trade who has worked hard for the passage of the USMCA trade agreement, was recently named co-chair with his Mexican counterpart, of the Trade Policy Working group of the U.S.-Mexico CEO Dialogue. The group strengthens economic and commercial ties between the two countries by convening private sector leaders from the United States and Mexico to provide joint recommendations for their respective governments on priorities in the bilateral trade and investment relationship.
Nov 06, 2019 02:04 pm ET
IBC Reports Strong 2019 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended Sept. 30, 2019 was $153.4 million, or $2.33 diluted earnings per common share ($2.34 per share basic), compared to $157.4 million, or $2.36 per share diluted earnings per common share ($2.38 per share basic), for the same period of 2018. This represents a 1.3 percent decrease in diluted earnings per share and a 2.5 percent decrease in net income. Net income for the three mo
Sep 16, 2019 12:44 pm ET
International Bancshares Corporation Announces 10 Percent Increase in Cash Dividend
International Bancshares Corporation (“IBC”) announced today that on Sept. 13, 2019, IBC’s Board of Directors approved the declaration of a .55 cents per share cash dividend, increasing the dividend by .05 cents or 10 percent per share from the previous dividend of .50 cents for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Sept. 30, 2019, payable on Oct. 15, 2019.
Aug 08, 2019 12:44 pm ET
IBC Reports Strong 2019 Earnings
International Bancshares Corporation (NASDAQ:IBOC), 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 ($1.55 per share basic) compared to $106.3 million or $1.59 diluted earnings per common share ($1.61 per share basic) for the same period of 2018, representing a 3.7 percent decrease in diluted earnings per share and a 4.1 percent decrease in net income. Net income for the three months ended June 30,
Aug 07, 2019 01:42 pm ET
International Bancshares Corporation Announces Appointment of New Director
International Bancshares Corporation (“IBC”) 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. The Board unanimously voted to appoint Mr. Miles after recommendation from the Board’s Nominating Committee.
May 09, 2019 12:20 pm ET
IBC Reports Strong First Quarter 2019 Earnings
International Bancshares Corporation (NASDAQ: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 i
Mar 18, 2019 12:00 pm ET
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
Feb 27, 2019 01:37 pm ET
IBC Reports Record 2018 Earnings
International Bancshares Corporation (NASDAQ:IBOC), 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 ($3.27 per share basic) compared to $157.4 million or $2.36 diluted earnings per common share ($2.38 per share basic), which represents a 37.2 percent increase in net income and a 37.3 percent increase in diluted earnings per share over the corresponding period in 2018. Net i
Jan 11, 2019 01:16 pm ET
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.
Nov 07, 2018 12:39 pm ET
IBC Reports 40% Increase in Year to Date 2018 Earnings
International Bancshares Corporation (NASDAQ: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
Sep 27, 2018 03:33 pm ET
International Bancshares Corporation Announces 27% Increase in Cash Dividend
International Bancshares Corporation (“IBC”), a multi-bank financial holding company, (NASDAQ: 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 is an increase of 9 cents, or 27%, per share from the previous dividend of 33 cents per share.
Aug 31, 2018 08:15 am ET
Report: Exploring Fundamental Drivers Behind International Bancshares, Morgan Stanley, Equity Residential, Hormel Foods, Spectrum Pharmaceuticals, and Cousins Properties — New Horizons, Emerging Trend
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of International Bancshares Corporation (NASDAQ:IBOC), Morgan Stanley...
Aug 07, 2018 01:56 pm ET
IBC Reports 46% Increase in Year to Date 2018 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the six months ended June 30, 2018 of $106.3 million or $1.59 diluted earnings per common share ($1.61 per share basic) compared to $72.6 million or $1.09 diluted earnings per common share ($1.10 per share basic), which results in an increase of 46% in net income and 46% in diluted earnings per share over the corresponding period of 2017. Net inco
May 08, 2018 01:50 pm ET
IBC Reports 67 Percent Increase in First Quarter 2018 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported first quarter net income for 2018 of $53.4 million or $.80 diluted earnings per common share ($.81 per share basic) compared to $32.0 million or $.48 diluted per common share ($.48 per share basic), which represents a 67 percent increase in net income and a 67 percent increase in diluted earnings per share over the corresponding period of 2017.
May 02, 2018 07:50 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Independent Bank Group, Eclipse Resources, Stellus Capital Investment, International Bancshares, Portola Pharmaceuticals, and Revanc
NEW YORK, May 02, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Independent Bank Group, Inc (NASDAQ:IBTX), Eclipse...
May 01, 2018 05:18 pm ET
IBC Bank Executive Testifies at Congressional Hearing
Dalia Martinez, IBC Bank executive vice president, testified at a hearing today in Washington, D.C. before the House Subcommittee on Financial Institutions and Consumer Credit regarding FinCEN’s Customer Due Diligence Rule.
Apr 27, 2018 02:46 pm ET
International Bancshares Corporation Announces Extension of Stock Repurchase Program
International Bancshares Corporation (“IBC”) today, announced that on March 15, 2018, IBC’s Board of Directors approved the extension of its stock repurchase program. Since April 9, 2009, in March or April of each year, the Board has authorized the repurchase of up to $40 million of common stock within the next twelve months beginning on April 9 of that year. On March 15, 2018, the Board again authorized the repurchase of up to $40 million of its common stock during the twelve month period commencing on April 9, 2018. Since April 9, 2009 until t
Mar 19, 2018 01:57 pm ET
International Bancshares Corporation Announces Cash Dividend
International Bancshares Corporation (“IBC”) (NASDAQ:IBOC), today announced that on March 16, 2018, its Board of Directors approved the declaration of a thirty-three cents per share cash dividend for shareholders of record as of the close of business on April 2, 2018, payable on April 16, 2018. “This cash dividend was made possible because of the Company’s strong capital position, proven track record of success and continuing to achieve superior earnings,” said Dennis E. Nixon, President and CEO of IBC.
Mar 02, 2018 07:50 am ET
Research Report Identifies Micronet Enertec Technologies, Argan, Titan International, International Bancshares, Digital Turbine, and Vitamin Shoppe with Renewed Outlook — Fundamental Analysis, Calcula
NEW YORK, March 02, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Micronet Enertec Technologies, Inc. (NASDAQ:MICT), Argan,...
Feb 28, 2018 01:35 pm ET
IBC Reports Exceptional 2017 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2017 of $157.4 million or $2.36 diluted earnings per common share ($2.38 per share basic) compared to $133.9 million or $2.02 diluted earnings per common share ($2.03 per share basic), which represents a 17.6 percent increase in net income and a 16.8 percent increase in diluted earnings per share over the corresponding period in 2016. Net i
Jan 22, 2018 05:05 pm ET
International Bancshares Corporation Ranked among Best Banks in America by Forbes Magazine
International Bancshares Corporation (NASDAQ: IBOC) has been ranked among the nation’s best banks by business publishing giant Forbes Magazine. The $12.2 billion Laredo-based multibank financial holding company ranked 19th on the prestigious list of the 100 Best Banks in America based on factors such as its asset quality, capital adequacy, growth and profitability. In 2017, IBC Bank was ranked 47th on the same list.
Jan 08, 2018 07:30 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Kelly Services, Genocea Biosciences, Balchem, Federal Signal, Marriott Vacations Worldwide, and International Bancshares — New Resea
NEW YORK, Jan. 08, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Kelly Services, Inc. (NASDAQ:KELYA), Genocea Biosciences,...
Nov 08, 2017 02:48 pm ET
IBC Reports Strong Third Quarter 2017 Earnings
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended September 30, 2017 of $112.2 million, or $1.68 diluted earnings per common share and $1.70 basic earnings per common share, compared to $98.5 million, or $1.49 diluted earnings per common share and $1.49 basic earnings per common share for the same period of 2016, representing a 14.0 percent increase in net income and a 12.8

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More