International Bancshares Corporation (IBOC)

NASDAQ: IBOC · Real-Time Price · USD
69.90
-0.76 (-1.08%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.08%
Market Cap 4.35B
Revenue (ttm) 799.36M
Net Income (ttm) 400.46M
Shares Out 62.20M
EPS (ttm) 6.43
PE Ratio 10.87
Forward PE n/a
Dividend $1.32 (1.89%)
Ex-Dividend Date Aug 14, 2024
Volume 102,607
Open 70.32
Previous Close 70.66
Day's Range 69.15 - 70.45
52-Week Range 44.24 - 73.82
Beta 0.89
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About IBOC

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit b... [Read more]

Sector Financials
Founded 1966
Employees 2,292
Stock Exchange NASDAQ
Ticker Symbol IBOC
Full Company Profile

Financial Performance

In 2023, International Bancshares's revenue was $798.87 million, an increase of 22.32% compared to the previous year's $653.11 million. Earnings were $411.77 million, an increase of 37.15%.

Financial Statements

News

IBC Reports Strong Earnings for the Third Quarter of 2024

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation today reported net income for the nine months ended Sept. 30, 2024 of $294.1 million .

13 days ago - Business Wire

Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation

SAN ANTONIO--(BUSINESS WIRE)-- #CommercialLOS--Finanta partners with IBC Bank to digitally transform commercial lending, enhancing efficiency, risk management, and customer experiences.

15 days ago - Business Wire

IBC Reports Strong Earnings for the First Half of 2024

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC) today reported net income for the six months ended June 30, 2024.

3 months ago - Business Wire

IBC's Strong Earnings Continue in the First Quarter of 2024

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended...

7 months ago - Business Wire

International Bancshares Corporation Ranked Third on Forbes' America's Best Banks List for 2023

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (IBC)(NASDAQ: IBOC) has once again been ranked among the nation's best banks by Forbes Magazine. The Laredo-based multibank financi...

7 months ago - Business Wire

International Bancshares Corporation Ranked #1 by S&P Global Market Intelligence's Top 50 Public Banks for 2023

LAREDO, Texas--(BUSINESS WIRE)--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...

8 months ago - Business Wire

IBC Reports 37% Increase in Earnings in 2023

LAREDO, Texas--(BUSINESS WIRE)--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 ...

9 months ago - Business Wire

19 Upcoming Dividend Increases Including 2 Kings

Nineteen new dividend increases reported, including two dividend kings: Consolidated Edison and Black Hills Corporation. Companies that regularly raise their dividends perform better than those that d...

Other symbols: AITALEAMGNBKHCHDCNACVX
10 months ago - Seeking Alpha

IBC Continues to Deliver Exceptional Earnings

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended ...

1 year ago - Business Wire

IBC Continues Stellar Earnings

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the six months ended J...

1 year ago - Business Wire

International Bancshares Corporation Announces Cash Dividend

LAREDO, Texas--(BUSINESS WIRE)--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 ca...

1 year ago - Business Wire

International Bancshares Makes Forbes' America's Best Banks List

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (IBC)(NASDAQ: IBOC) has once again been ranked among the nation's best banks by Forbes Magazine. The Laredo-based multibank financi...

1 year ago - Business Wire

IBC Reports Record 2022 Earnings

LAREDO, Texas--(BUSINESS WIRE)--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 ...

1 year ago - Business Wire

International Bancshares Corporation Announces Cash Dividend Increase

LAREDO, Texas--(BUSINESS WIRE)--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 sha...

1 year ago - Business Wire

IBC Reports Stellar Earnings

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation, today reported net income for the three months ended Sept.

2 years ago - Business Wire

IBC Reports Strong Earnings

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, reports net income.

2 years ago - Business Wire

International Bancshares Corporation Announces Appointment of New Director

LAREDO, Texas--(BUSINESS WIRE)-- #Bancshares--International Bancshares Corporation (“IBC”) (NASDAQ: IBOC) Board of Directors appoints Ms. Diana G. Zuniga to IBC's Board to fill vacancy.

2 years ago - Business Wire

IBC Reports 2021 Earnings

LAREDO, Texas--(BUSINESS WIRE)-- #Bancshares--International Bancshares Corporation (NASDAQ:IBOC) reports annual net income for 2021 of $253.9 million or $4.00 diluted earnings per common share.

2 years ago - Business Wire

IBC Bank Leaders Applaud Border Opening

LAREDO, Texas--(BUSINESS WIRE)--IBC leaders welcomed news that the Biden administration intends to relax travel restrictions on land-border crossings from Mexico and Canada.

3 years ago - Business Wire

Dividend Increases: August 7-13, 2021

This article series covers dividend changes every week.

3 years ago - Seeking Alpha

Forbes Gives High Ranks to IBC Bank

LAREDO, Texas--(BUSINESS WIRE)-- #BANCSHARES--International Bancshares Corporation today announced its subsidiary banks received top honors by Forbes Magazine.

3 years ago - Business Wire

IBC Reports Strong First Quarter 2021 Earnings

LAREDO, Texas--(BUSINESS WIRE)-- #BANCSHARES--International Bancshares Corporation (NASDAQ:IBOC) today reported net income for the three months ended March 31, 2021 was approximately $50.8 million

3 years ago - Business Wire

IBC Reports 2020 Earnings

LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation today reported annual net income for 2020 of $167.3 million or $2.62 diluted earnings per common share.

4 years ago - Business Wire