5th Circuit Uses Effective Vindication Doctrine In ERISA Cash Investment Case
The Fifth Circuit U.S. Court of Appeals has become the eighth circuit to apply the effective vindication doctrine to ERISA claims. This ruling remanded a putative class action alleging a bank holding company violated fiduciary duties by investing retirement plan funds in proprietary cash investments. The lower court may compel arbitration of representative claims if it finds the problematic arbitration provisions severable.
International Bancshares (NASDAQ:IBOC) Is Increasing Its Dividend To $0.73
International Bancshares (NASDAQ:IBOC) is set to increase its dividend to $0.73, bringing its annual payment to 2.0% of the current stock price, although this is below the industry average. The company has a strong track record of dividend payments for over 10 years, with a comfortable payout ratio of 21% from its latest earnings report. Given its solid earnings growth and low payout ratio, the dividend is expected to be sustainable and likely to grow further.
International Bancshares' (NASDAQ:IBOC) Upcoming Dividend Will Be Larger Than Last Year's
International Bancshares (NASDAQ:IBOC) has announced an increased dividend of $0.73, payable on February 27th, which is higher than last year's dividend. Despite the increase, the dividend yield remains a modest 2.0%. The company has a strong track record of consistent dividend payments with a sustainable payout ratio of 21%, and future EPS growth is expected to keep the payout ratio at a sustainable 23%.
International Bancshares Corporation stock hits 52-week high at $73.81
International Bancshares Corporation (IBOC) stock has achieved a new 52-week high of $73.81, reflecting a 10.7% rise over the last year. The company boasts a P/E ratio of 10.7 and a 2.02% dividend yield, maintaining dividend payments for 31 consecutive years. Freedom Capital Markets recently initiated coverage with a Buy rating and an $85.00 price target, citing the bank's strong operating efficiency, profitability, and capital profile.
International Bancshares Corp Announces Increase in Cash Dividend
International Bancshares Corp (IBOC) announced a 4.3% increase in its cash dividend to $0.73 per share, payable on February 27, 2026, to shareholders of record on February 13, 2026. This increase reflects the company's strong financial performance and capital position. IBOC, with over $16.6 billion in assets across Texas and Oklahoma, aims to enhance shareholder value through responsible management.
International Bancshares: 60 years of profits, higher dividend
International Bancshares Corporation (IBOC) announced an increase in its cash dividend to $0.73 per share, marking a 4.3% rise. This decision is attributed to the company's consistent financial results, strong capital position, significant liquidity, and sixty years of positive earnings. IBC, a multi-bank financial holding company based in Laredo, Texas, emphasizes its commitment to responsible management for continued success and enhanced shareholder value.
International Bancshares Announces Dividend Increase
International Bancshares (IBOC) has announced a semi-annual dividend increase to $0.73 per share, representing a 4.3% rise from the previous $0.70, reflecting the company's strong financial health and commitment to shareholder returns. The dividend is payable on February 27, with a record and ex-dividend date of February 13, and boasts a forward yield of 2.04%. This move is expected to attract greater investor interest and potentially drive an upward trend in the stock price.
International Bancshares Corporation $IBOC Shares Sold by Reinhart Partners LLC.
Reinhart Partners LLC. reduced its stake in International Bancshares Corporation (NASDAQ:IBOC) by 15.4% during the third quarter, while other institutional investors like Campbell & CO and Exencial Wealth Advisors increased or initiated positions. Despite the sell-off by Reinhart, institutional investors collectively own 65.91% of the company's stock. Analysts maintain a consensus "Buy" rating with an $85.00 price target for IBOC, which recently reported strong Q3 earnings of $1.74 EPS and maintains a market capitalization of $4.38 billion.
Exencial Wealth Advisors LLC Buys New Shares in International Bancshares Corporation $IBOC
Exencial Wealth Advisors LLC has acquired a new position of 25,141 shares in International Bancshares Corporation (NASDAQ:IBOC) during the third quarter, valued at approximately $1.73 million. Several other institutional investors also increased or initiated their holdings, bringing the total institutional ownership to 65.91%. The company reported $1.74 EPS for the last quarter, and analysts have an average "Buy" rating with a target price of $85.00.
Polaris Capital Management LLC Sells 27,600 Shares of International Bancshares Corporation $IBOC
Polaris Capital Management LLC reduced its stake in International Bancshares Corporation (IBOC) by 4.8%, selling 27,600 shares and now owning 546,004 shares, representing 0.88% of the company. International Bancshares has a market capitalization of $4.25 billion, a P/E ratio of 10.12, and an average analyst "Buy" rating with an $85 price target. Other institutional investors have increased their holdings in IBOC.
Freedom Capital Markets initiates Buy rating on International Bancshares stock
Freedom Capital Markets initiated coverage on International Bancshares (NASDAQ:IBOC) with a Buy rating and an $85.00 price target, citing the bank's strong operating efficiency, profitability, and capital profile. While acknowledging risks like commercial real estate concentration and interest-rate sensitivity, the firm believes these are balanced by the bank's conservative management and profitability. The bank trades at a P/E of 9.9 with a 2.09% dividend yield, despite InvestingPro suggesting it might be overvalued at its current price.
This Serve Robotics Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Wednesday
Freedom Capital Markets analysts have initiated coverage on three companies with "Buy" ratings. Ilya Zubkov rated Butterfly Network, Inc. (NYSE:BFLY) with a $5 price target, Dmitriy Pozdnyakov rated Serve Robotics Inc. (NASDAQ:SERV) with a $16 price target, and Amirlan Kalymbekov rated International Bancshares Corporation (NASDAQ:IBOC) with an $85 price target. These initiations reflect a bullish outlook from the firm, particularly for Serve Robotics.
Freedom Capital Markets initiates Buy rating on International Bancshares stock
Freedom Capital Markets has initiated coverage on International Bancshares (NASDAQ:IBOC) with a Buy rating and an $85.00 price target. The firm cited strong operating efficiency, profitability, and capital profile as key drivers, despite acknowledging risks like real estate concentration and interest-rate sensitivity. International Bancshares, with a $4.16 billion market cap and a 2.09% dividend yield, operates primarily in Texas and Oklahoma.
Boston Trust Walden Corp Reduces Position in International Bancshares Corporation $IBOC
Boston Trust Walden Corp reduced its stake in International Bancshares Corporation by 11.1% in Q3, selling 155,669 shares but retaining 1,249,399 shares valued at $85.9 million. International Bancshares reported Q3 EPS of $1.74 and revenue of $218.08 million, with the stock trading near $68.60 and receiving a consensus "Buy" rating from analysts. Institutional investors and hedge funds collectively own approximately 65.91% of the company's stock.
Harbor Capital Advisors Inc. Cuts Stock Holdings in International Bancshares Corporation $IBOC
Harbor Capital Advisors Inc. significantly reduced its stake in International Bancshares Corporation (IBOC) by 76.0% in the third quarter, selling 53,170 shares and retaining 16,788 shares valued at $1.154 million. Despite this, other institutions like American Century Companies Inc. and Charles Schwab Investment Management Inc. increased their positions, with institutional investors now owning approximately 65.91% of the company. International Bancshares reported strong Q3 EPS of $1.74, a 40.1% net margin, and a 14.2% ROE, leading Weiss Ratings to reiterate a "Buy" rating on the stock.
International Bancshares' (NASDAQ:IBOC) five-year total shareholder returns outpace the underlying earnings growth
International Bancshares (NASDAQ:IBOC) has seen its share price increase by 84% over the last five years, outperforming the market and reflecting strong total shareholder returns (TSR) of 109% when including dividends. Despite this, the market seems less enthusiastic currently, as evidenced by a modest 11% return in the last year and a P/E ratio of 10.32, even though the company achieved a compound annual EPS growth of 21% over five years. This suggests that while fundamentals are strong, investor sentiment has softened.
International Bancshares stock hits 52-week high at 73.64 USD
International Bancshares (IBOC) stock reached a new 52-week high of $73.64, driven by a 3.69% 1-year change, 13.08% over six months, and 17.03% year-to-date gain. Despite an InvestingPro analysis suggesting it trades above its Fair Value, the company boasts a "GREAT" financial health score and has consistently paid dividends for 30 years, offering both income and growth potential to investors.
International Bancshares stock hits 52-week high at 73.64 USD By Investing.com
International Bancshares Corporation stock reached a new 52-week high of 73.64 USD, reflecting significant positive performance with a 1-year change of 3.69% and a 17.03% year-to-date gain. The company (IBOC) also boasts a P/E ratio of 10.63, a 1.93% dividend yield, and a "GREAT" Financial Health Score from InvestingPro, having maintained dividend payments for 30 consecutive years.
Azora Capital LP Raises Position in International Bancshares Corporation $IBOC
Azora Capital LP increased its stake in International Bancshares Corporation (NASDAQ:IBOC) by 15.1% in Q2, owning 1,090,166 shares valued at $72.56 million. IBOC now constitutes approximately 3.3% of Azora's portfolio, making it their 13th largest holding. Other institutional investors also raised their positions, with hedge funds and institutions collectively holding 65.91% of the company's stock.
JPMorgan Chase & Co. Sells 34,026 Shares of International Bancshares Corporation $IBOC
JPMorgan Chase & Co. reduced its stake in International Bancshares Corporation (NASDAQ:IBOC) by 19.4% in the second quarter, selling 34,026 shares and retaining 141,398 shares valued at $9.41 million. Despite this, International Bancshares maintains a consensus "Buy" rating from analysts and reported solid financials, including $1.74 EPS and $218.08 million in revenue for the recent quarter. The stock trades at $68.83 with a market capitalization of $4.28 billion.
International Bancshares' (NASDAQ:IBOC) five-year earnings growth trails the 17% YoY shareholder returns
International Bancshares Corporation (NASDAQ:IBOC) has seen its share price rise by 94% over the last five years, outperforming the market. Despite strong earnings per share (EPS) growth of 21% annually over the same period, the market appears "relatively pessimistic," indicated by a lower share price increase (14% annually) compared to EPS growth and a low P/E ratio of 10.19. Including dividends, the total shareholder return (TSR) for International Bancshares over five years was 120%, highlighting the significant contribution of dividends to investor returns.
Charles Schwab Investment Management Inc. Has $145.92 Million Position in International Bancshares Corporation $IBOC
Charles Schwab Investment Management Inc. has significantly increased its stake in International Bancshares Corporation (NASDAQ:IBOC) by 2.4% in the second quarter, now holding 2,192,298 shares valued at $145.92 million. This move is part of a broader trend of increased institutional investment, with other large firms like American Century Companies Inc. also raising their positions. International Bancshares reported strong financials, including quarterly EPS of $1.74, a net margin of 39.51%, and a return on equity of 14.37%, with its stock trading near $66.50.
Assessing International Bancshares (IBOC) Valuation: Does the Discount Signal Opportunity for Investors?
International Bancshares (IBOC) is trading at a P/E ratio of 9.8x, significantly below its peers and the US Banks industry average, suggesting it might be undervalued. The company's discounted cash flow (DCF) model also indicates a 53.2% discount, estimating a fair value of $142.08 compared to its current trading price of $66.5. Despite a solid three-year return, recent short-term volatility raises questions about future upside, encouraging investors to look beyond immediate fluctuations.
How Sustained Net Income Growth and No Buybacks This Quarter Could Shape International Bancshares' (IBOC) Story
International Bancshares Corporation (IBOC) recently reported strong Q3 2025 earnings with increased net interest income and net income, indicating stable profitability. However, the absence of share repurchases despite an active program, along with slow board refreshment and insider selling, introduces caution regarding capital deployment and governance. These factors reinforce that management's actions and incremental progress are under close investor scrutiny.
KLP Kapitalforvaltning AS Boosts Stake in International Bancshares Corporation $IBOC
KLP Kapitalforvaltning AS has increased its stake in International Bancshares Corporation (IBOC). Several other institutional investors have also adjusted their holdings in the company. International Bancshares recently announced an increased semi-annual dividend and a 21.15% payout ratio.
Have Insiders Sold International Bancshares Shares Recently?
A director at International Bancshares (International Bancshares Corporation, NASDAQ:IBOC) recently sold shares worth US$8.3m, although this only represented 3.3% of their holding. While there were no insider purchases in the last year, the company boasts high insider ownership at 8.9%, valued at US$379m, and is showing earnings growth despite the recent insider sale raising some caution.
International Bancshares Corporation Stock (IBOC) Opinions on Insider Sale
Recent discussions on X revolve around a significant insider sale at International Bancshares Corporation (IBOC) by a director, raising questions about its implications. The company's recent bylaw amendments, which impose stricter shareholder requirements for legal actions, are also a topic of debate among investors. Insider trading data shows two sales by ANTONIO R JR SANCHEZ totaling over $8.3 million in the past six months, while hedge fund activity indicates both increases and decreases in institutional holdings.
Bob Barnes in Austin
This article identifies Bob Barnes as the CEO of IBC-Austin, featured within the Austin Business Journal. It appears to be an entry from a "Power Players" list or similar recognition by the publication.
International Bancshares Corporation Ranked Third on Forbes’ America’s Best Banks List for 2023
International Bancshares Corporation (IBC) has been ranked third on Forbes' 15th annual America's Best Banks list for 2023. The Laredo-based multibank financial holding company was recognized for its strong performance across ten financial metrics. CEO Dennis E. Nixon credited the entire IBC team for this achievement, emphasizing their focus on long-standing practices in financial management and cost controls.
Earnings dip at IBC Bank parent in 2019
International Bancshares Corp., parent company of IBC Bank, reported a 5% decrease in earnings in 2019, totaling $205.1 million, down from $215.9 million in 2018. This dip was primarily attributed to rising expenses and a significant increase in the provision for probable loan losses, which more than tripled to $18.8 million. Despite the earnings decline, revenue for the company rose by 2.6% to $647.2 million.
IBC Bank tries to dig out of mess at Lubbock car dealerships
International Bank of Commerce - Oklahoma is facing significant loan losses related to the bankruptcy of the Reagor Dykes Auto Group in Lubbock. The bank foreclosed on dealership properties and is suing to recover $26 million after a reorganization attempt failed. This situation has led International Bancshares Corp. to establish reserves for probable loan losses, impacting its first-quarter earnings.
IBC Bank tries to dig out of mess at Lubbock car dealerships
International Bank of Commerce - Oklahoma is facing significant losses from its involvement with the now-bankrupt Reagor Dykes Auto Group in Lubbock. The bank foreclosed on dealership properties to recover over $34 million in loans and has filed a lawsuit to collect an additional $26 million. The situation led International Bancshares Corp., IBC's parent company, to establish a $9.5 million reserve and record a $7.4 million provision for probable loan losses, impacting its first-quarter earnings.
IBC Bank parent’s bottom line soars on higher returns
International Bancshares Corp., parent company of IBC Bank, reported record earnings in 2018, with profits reaching $215.9 million, a 37 percent increase from the previous year. This growth was attributed to increased lending, a higher return on its loan portfolio, and the benefits of 2017 tax law reforms. The company also saw a decrease in provisions for probable loan losses and an 11.6 percent rise in revenue.
IBC Bank parent’s bottom line soars on higher returns
International Bancshares Corp., parent company of IBC Bank, reported record earnings in 2018, with net income rising 37% to $215.9 million. This growth was attributed to increased lending, a higher return on its loan portfolio, and decreased corporate tax rates. The company also benefited from a lower provision for probable loan losses and an 11.6% increase in revenue.
IBC Bank CEO on its biggest investment for 2019
IBC Bank CEO Dennis Nixon announced that the company's most significant investment for 2019 will be in talent. This focus on human capital is highlighted as a strategic priority for the coming year. The article briefly references past related news concerning the CEO's views on border policies and the bank's other financial activities.
IBC Bank parent’s 3Q profit climbs 29%
International Bancshares Corp., parent company of IBC Bank, reported a 29% increase in third-quarter earnings, reaching $51.7 million, or 77 cents a share. This growth was attributed to higher loan volume, leading to increased net interest income, as well as effective cost controls and a reduction in corporate tax rates. The company also benefited from a significant decline in the provision for probable loan losses.
NAFTA Advocate and Banker Dennis Nixon to Be Honored with Leadership Award
Dennis Nixon, CEO of International Bank of Commerce, is set to receive the Distinguished Business Leader of the Year award from the Texas Association of Business. The recognition highlights his influential role in banking and his advocacy for NAFTA and its successor, the U.S. Mexico Canada Agreement. Nixon is lauded for growing IBC, his stance on regulatory issues, and his unique views on immigration and border security.
Bank CEO talks about Trump, the border wall and why he doesn’t mind making waves
Dennis Nixon, CEO of International Bancshares Corp. (IBC Bank), discusses his long tenure, the growth of the bank from $40 million to $12 billion in assets, and his outspoken political views. Despite supporting Donald Trump, Nixon opposes a border wall and advocates for NAFTA, emphasizing the integrated economies of the U.S. and Mexico. He also highlights the economic importance of immigration and the role of community banking.
IBC Bank's largest institutional shareholder ups its stake
Blackrock Inc., the largest institutional shareholder of International Bancshares Corp. (IBC Bank), increased its stake in the South Texas bank. As of December 31, Blackrock Inc. held 8.89 percent of IBC Bank's stock, up from 8.82 percent on September 30. This increase occurred before the release of the bank's fourth-quarter and year-end financial results.
Check out Intl Bancshares Corp's stock price (IBOC) in real time
This article provides real-time stock price information for International Bancshares Corp (IBOC) on NASDAQ, including its current quote, volume, 52-week range, and key financial stats like market cap, dividend, and earnings per share. It also offers a brief company profile and contact information.
IBC Bank executive compensation drops in 2016
One IBC Bank executive received a $1 million performance bonus in 2016, despite a reported drop in overall executive compensation for the bank during the same year. The article highlights this specific bonus in the context of the bank's compensation practices.
Trump fundraiser Nixon says the president needs to rethink Mexico policies
Dennis Nixon, a prominent Laredo banker and fundraiser for Donald Trump, criticized President Trump's policies on Mexico, arguing that they could severely harm the Texas economy. Nixon, CEO of IBC Bank, highlighted the positive impact of NAFTA on Texas trade and warned against unwinding existing agreements, despite acknowledging that some trade deals might need revisiting. He also expressed concerns about the backlash from Trump's rhetoric and proposed tariffs on Mexican imports.
IBC Bank earnings take a hit in 2016
International Bancshares Corp. (IBC Bank) reported lower earnings during 2016 according to a report from the San Antonio Business Journal. The border bank operates over 194 locations across Texas and Oklahoma. This news was reported by Kristen Mosbrucker on February 27, 2017.
IBC Bank posts slimmer profit margin in Q2 2016, bigger dividend
International Bancshares Corp. (IBC Bank's parent company) reported slimmer profits in the second quarter of 2016. Despite the shrinking profit margin, the bank's board of directors approved a larger dividend for shareholders in September.
De Anda joins IBC Bank-Laredo board
Javier de Anda has been appointed to the board of directors for IBC Bank-Laredo. De Anda, co-owner of 29 Popeyes Louisiana Kitchen franchises, previously served on the board of Commerce Bank and credits IBC Bank for supporting his business growth. He aims to use his extensive business experience to help develop Laredo's business community as a new board member.
IBC Bank Plaza opens downtown; major tenants and restaurants inked
The new IBC Bank Plaza at 500 W. Fifth St. in downtown Austin is now open, though most tenants are expected to move in late 2014 or early 2015. IBC Bank plans to use this signature building to grow its brand in Austin, attracting an eclectic group of tenants.
IBC-San Antonio names new boss
IBC Bank-San Antonio has named Mike Sohn as its new president and CEO. Sohn, who has been with the bank for over two decades, previously served as executive vice president in commercial lending. He will now manage daily operations of the commercial lending department and oversee 30 branch locations.
