International Bancshares Corporation (IBOC)
Market Cap | 3.47B |
Revenue (ttm) | 798.87M |
Net Income (ttm) | 411.77M |
Shares Out | 62.17M |
EPS (ttm) | 6.62 |
PE Ratio | 8.45 |
Forward PE | n/a |
Dividend | $1.29 (2.30%) |
Ex-Dividend Date | Feb 14, 2024 |
Volume | 341,615 |
Open | 55.84 |
Previous Close | 55.84 |
Day's Range | 55.58 - 56.51 |
52-Week Range | 39.10 - 56.51 |
Beta | 0.96 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 2, 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]
Financial Performance
In 2023, IBOC'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 StatementsNews
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 ...
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 ...
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...
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...
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...
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 ...
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...
IBC Reports Stellar Earnings
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation, today reported net income for the three months ended Sept.
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.
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.
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.
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.
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.
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
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.