US Market News
1月前
IBC Reports Strong Earnings for the First Quarter of 2026May 7, 2026 11:48 AM
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 March 31, 2026 of $102.2 million or $1.64 diluted earnings per common share ($1.64 per share basic) compared to $96.9 million or $1.56 diluted earnings per common share ($1.56 per share basic), which represents an increase of 5.5% in net income and 5.1% in diluted earnings per share over the corresponding period of 2025. Net income for the first quarter of 2026 continued to be positively affected by interest earned on our investment and loan portfolios driven primarily by both an increase in the size of those portfolios and the current rate environment. Net interest income was affected by a decrease in interest expense, primarily driven by a redistribution in rates paid on environment. Net interest income was affected by a decrease in interest expense, primarily driven by a redistribution in rates paid on deposits. We continue to closely monitor rates paid on deposits to remain competitive to grow and retain deposits. “We are pleased with the consistency and sustainability of our industry-leading financial results in the first quarter of 2026. As we move through the rest of 2026, we will remain focused and vigilant on delivering superior customer service, continued execution of our long-standing practices of balance sheet, asset, liability and liquidity management, strong cost controls and evaluating processes for efficiencies across our organization using, among other things, AI initiatives. We believe that with continued focus on these established and long-standing practices, we will continue to deliver industry-leading financial results,” said Dennis E. Nixon, president and CEO. Total assets at March 31, 2026, were approximately $16.8 billion compared to approximately $16.6 billion at Dec. 31, 2025. Total net loans were approximately $9.5 billion at March 31, 2026, compared to approximately $9.3 billion at Dec. 31, 2025. Deposits were approximately $12.6 billion at March 31, 2026, compared to approximately $12.4 billion at Dec. 31, 2025. IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with 165 facilities and 247 ATMs serving 75 communities in Texas and Oklahoma. “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward looking information with respect to plans, projections or future performance of IBC and its subsidiaries, the occurrence of which involve certain risks and uncertainties detailed in IBC’s filings with the Securities and Exchange Commission. Copies of IBC’s SEC filings and Annual Report (as an exhibit to the 10-K) may be downloaded from the SEC filings site located at http://www.sec.gov/edgar.shtml. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507016160/en/ Judith Wawroski,
Treasurer and Chief Financial Officer
International Bancshares Corporation
(956) 722-7611 Original: IBC Reports Strong Earnings for the First Quarter of 2026
US Market News
3月前
IBC Reports Strong Earnings in 2025February 26, 2026 1:08 PM
Business Wire
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2025 of approximately $412.3 million or $6.62 diluted earnings per common share ($6.63 per share basic) compared to approximately $409.2 million or $6.57 diluted earnings per common share ($6.58 per share basic), which represents an increase of approximately 0.8 percent in diluted earnings per share and 0.8 percent increase in net income over the corresponding period in 2024. Net income for the three months ended December 31, 2025 was approximately $106.9 million or $1.71 diluted earnings per common share ($1.72 per share basic), compared to approximately $115.1 million or $1.85 diluted earnings per common share ($1.85 per share basic) for the same period in 2024, representing a decrease of approximately 7.1 percent in net income and a 7.6 percent decrease in diluted earnings per share.
Net income for 2025 continued to be positively impacted by an increase in interest income earned on our investment and loan portfolios driven primarily by both an increase in the size of our investment and loan portfolios and the current rate environment. Net interest income has been negatively impacted by an increase in interest expense, primarily driven by increases in rates paid on deposits. We continue to closely monitor and adjust rates paid on deposits to remain competitive to grow and retain deposits.
“We are extremely pleased and proud to continue our industry-leading financial results in 2025, which has kept us at the top of the rankings compared to other publicly held bank holding companies in America. As we move into 2026, we will remain focused and vigilant on delivering superior customer service, continued execution of our long-standing practices of balance sheet, asset, liability, and liquidity management, strong cost controls, and evaluating processes for efficiencies across our organization using new AI initiatives. We believe that with continued focus on these established practices we will continue to deliver industry-leading financial results,” said Dennis E. Nixon, president and CEO.
Total assets at Dec. 31, 2025 were approximately $16.6 billion compared to approximately $15.7 billion at Dec. 31, 2024. Total net loans were approximately $9.3 billion at Dec. 31, 2025 compared to approximately $8.7 billion at Dec. 31, 2024. Deposits were approximately $12.4 billion at Dec. 31, 2025 compared to approximately $12.1 billion at Dec. 31, 2024.
IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with 165 facilities and 247 ATMs serving 75 communities in Texas and Oklahoma.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward looking information with respect to plans, projections or future performance of IBC and its subsidiaries, the occurrence of which involve certain risks and uncertainties detailed in IBC’s filings with the Securities and Exchange Commission.
Copies of IBC’s SEC filings and Annual Report (as an exhibit to the 10-K) may be downloaded from the SEC filings site located at http://www.sec.gov/edgar.shtml.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260226195775/en/
Judith I. Wawroski,
Treasurer and Chief Financial Officer
International Bancshares Corporation
(956) 722-7611
Original: IBC Reports Strong Earnings in 2025
US Market News
4月前
International Bancshares Corporation Announces Increase in Cash DividendFebruary 2, 2026 11:26 AM
Business Wire
International Bancshares Corporation (NASDAQ: IBOC) (“IBC”) announced today that its Board of Directors approved the declaration of a $0.73 per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 13, 2026, payable on Feb. 27, 2026. This is an increase of 4.3% per share from the previous cash dividend.
“This discretionary cash dividend was made possible because of our continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity and 60 years of positive earnings. We remain committed to continuing to manage IBC responsibly to position us for enduring success and to enhance IBC’s value for our shareholders,” said Dennis E. Nixon, president and chairman of the board of IBC.
IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with over $16.6 billion in total assets and 166 facilities and 255 ATMs serving 75 communities in Texas and Oklahoma.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of IBC and its subsidiaries, the occurrence of which involve certain risks and uncertainties detailed in IBC’s filings with the Securities and Exchange Commission.
Copies of IBC’s SEC filings and Annual Report (as an exhibit to the 10-K) may be downloaded from the SEC filings site located at http://www.sec.gov/edgar.shtml or IBC’s website at http://www.ibc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260202120225/en/
Judith Wawroski
Treasurer and Principal Financial Officer
International Bancshares Corporation
(956) 722-7611 (Laredo)
Original: International Bancshares Corporation Announces Increase in Cash Dividend
loniee
17年前
Hey there!!cheak this out..first page in the proxy statement.
- Proxy Statement - Notice of Shareholders Meeting (preliminary) (PRE 14A)
International Bancshares
Corporation
April 18, 2009
Dear Shareholder:
Once again, we are preparing for our Annual Shareholders' Meeting on Monday, May 18, 2009, at 2:00 PM . We encourage everyone to arrive no later than 1:30 p.m. to avoid delays.
The meeting will be held at IBC's newest location, the IBC Annex Building at 2416 Jacaman Rd. Laredo, Texas 78041, across from the Laredo Entertainment Center .
In preparation for the meeting, I'm enclosing the Annual Report to Shareholders containing financial statements audited by McGladrey & Pullen, LLP, as well as the formal Notice of Annual Meeting of Shareholders, Proxy Statement and a Proxy Card. The Proxy Card has been provided for the purpose of voting for the election of Directors and other issues to be presented at the meeting.
In order to have a quorum at the meeting, I urge you to complete and sign the Proxy Card and return it in the enclosed self-addressed envelope .
I'm happy with the results for 2008 considering the challenges we faced during these economic times. IBC has continued to grow total assets and earnings in the face of these many challenges. A great deal of emphasis has been placed on building retail banking through our expanded branch system. I'm happy to report that these efforts are really beginning to bear fruit. As you can see from the summary of financial data, IBC improved total results for 2008. Although these results were good, your management team is clearly focused on improving this performance.
2007 2008
Net Profits After Taxes
$ 121,312,000 $ 132,112,000
Total Assets
$ 11,167,161,000 $ 12,439,341,000
Return on Your Shareholders' Equity
13.73 % 13.34 %
Book Value of Each of Your Common Shares
$ 14.54 $ 16.25
Basic Earnings per Share—Adjusted for Dividends
$ 1.76 $ 1.93
Over the last two years, IBC has opened 70 new branches, including locations in Beeville and Sinton. These new locations, coupled with IBC's aggressive organic growth program give IBC more than 265 branches in 101 communities throughout Texas and Oklahoma. This initiative is very aggressive, but in line with IBC's expansion strategy. IBC is totally committed to meeting the needs of our customers and these new branches are being positioned to expand existing relationships as well as attract new customers. This aggressive branch expansion program is expensive, but it is a cost that needs to be borne in order to assure IBC's ability to compete in the twenty-first century. Your management is pleased with the progress of this strategy and believes these branches will produce positive results as each branch matures.
This is my 34 th year of service to IBC. It has been a real joy leading a company that has been built around successful people ready to meet all the challenges we face in the industry. I'm looking forward to sharing our success story at the annual meeting, so please make a special effort to attend, but in any event, please return your Proxy Card as soon as possible in order that we may have the necessary votes recorded at the meeting .
We will have a social time immediately following our business session to provide you an opportunity to visit with your staff and enjoy the afternoon. Just one last reminder, the time of the meeting has been changed to 2:00 pm and it will be held at the IBC Annex Building on Jacaman Rd .
Sincerely yours,
Dennis E. Nixon
President
--------------------------------------------------------------------------------
INTERNATIONAL BANCSHARES CORPORATION
Post Office Drawer 1359
Laredo, Texas 78042-1359
BleeckerStreet
17年前
Insider Transaction History
Transaction Date Name/
Position Transaction Type Current Average
6 Month Return Market Value Shares Price Range Total Holdings
March 6, 2009 Sanchez, Antonio R Jr
Directors Sale +0.16% $3.6M 424,600.00 $8.13 - 8.65 11,262,800.00
March 5, 2009 Sanchez, Antonio R Jr
Directors Planned Sale -- $7.2M 800,000.00 -- - -- --
March 5, 2009 Santig, Ltd
Affiliates Planned Sale -- $2.3M 250,000.00 -- - -- --
March 4, 2009 Newman, Peggy J
Directors Purchase +0.21% $10.5K 1,100.00 $9.59 - 9.59 18,116.00
March 2, 2009 Hastings, Daniel B Jr
Directors Purchase +0.11% $148.6K 15,000.00 $9.70 - 9.93 174,018.00
February 24, 2009 Nixon, Dennis E
Officers Stock Gift -- $0.0 1,204.00 $0.00 - 0.00 2,576,430.00
January 13, 2009 Nixon, Dennis E
Officers Stock Gift -- $0.0 9,716.00 $0.00 - 0.00 2,576,430.00
January 12, 2009 Greenblum, Irving
Directors Stock Gift -- $0.0 9,600.00 $0.00 - 0.00 624,884.00
loniee
17年前
IBC Comments on Stock Price
Wednesday 03/25/2009 11:07 AM ET - Businesswire
Related Companies
Symbol Last %Chg
IBOC 8.24 5.37%
As of 4:00 PM ET 4/2/09
International Bancshares Corporation (NASDAQ:IBOC) today reported that management of the Company does not believe the current common stock price reflects the strengths of the Company. The Company continues to maintain strong levels of capital and earnings continue to be good as reflected by the Company's annual net income for 2008 of $132.1 million or $1.93 per share - basic ($1.92 per share-diluted). This solid level of performance reflects IBC's commitment to credit quality and superior earnings even during these difficult economic times.
From an economic perspective, IBC operates in perhaps the best geographic area in the nation, with lower unemployment and a stronger basic economy then most regions. In addition, IBC has historically performed above peer group averages in virtually all performance measures used to evaluate the success of a financial institution. In fact, IBC was recently recognized by Bank Director as the 18th best performing bank.
Management of the Company believes the Company's low current stock price has been negatively affected by short-selling. Short-selling occurs when investors borrow shares and sell them hoping the stock will fall and they can buy the shares at a lower price. In recent months, short-selling has been blamed in the media for driving down shares of financial stocks. As a Company that participated in the U.S. Treasury Department's Capital Purchase Program, the Company is particularly vulnerable to the harmful practices of short-traders because under the CPP, the Company is prohibited from repurchasing its common stock.
The Securities and Exchange Commission is expected to consider a proposal to combat abusive short selling in April, which proposal may include restoring the "uptick rule," that prevents traders from initiating a short-sale unless the price of a stock in its most recent trade was at or higher than the previous price.
The Company chose to participate in the CPP program even though the Company was well capitalized. Since the CPP program was designed to only be offered to sound financial institutions with solid regulatory ratings and was encouraged by the Treasury, the Company deemed it prudent to participate and issued $216 million of preferred stock to the U.S. Department of the Treasury. The CPP is not a bank bailout program and it is totally distinct from the extraordinary assistance the government has provided to certain large troubled financial institutions.
Total assets at December 31, 2008 were $12.4 billion compared to $11.2 billion at December 31, 2007. Total net loans were $5.8 billion at December 31, 2008 compared to $5.5 billion at December 31, 2007. Deposits were $6.9 billion at December 31, 2008 compared to $7.2 billion at December 31, 2007.
IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with 265 facilities and more than 420 ATMs serving 101 communities in Texas and Oklahoma.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward looking information with respect to plans, projections or future performance of IBC and its subsidiaries, the occurrence of which involve certain risks and uncertainties detailed in IBC's filings with the Securities and Exchange Commission.
Copies of IBC's SEC filings and Annual Report (as an exhibit to the 10-K) may be downloaded from the SEC filings site located at http://www.sec.gov/edgar.shtml.
SOURCE: International Bancshares Corporation
International Bancshares Corporation
Judy Wawroski, 956-722-7611 (Laredo)
Vice President
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