International Bancshares Corporation (IBOC)

In the past six months, International Bancshares Corp. reported a net income for the first quarter of 2025 of approximately $96.9 million, and for the first half of 2025, net income was $197.0 million, an increase of 1.4% over the corresponding period in 2024. Diluted earnings per common share for the three months ended June 30, 2025, increased by 3.2% compared to the same period in 2024. The company announced a 70 cents per share cash dividend payable in August 2025, and a 6% increase in its cash dividend announced in January 2025. The Board authorized a stock repurchase program of up to $150 million of its common stock. Over the past six months, the stock has experienced a price change of -14.56%.

No material portion of International Bancshares Corp.'s business is considered seasonal.

International Bancshares Corp. (IBOC) operates in the Finance sector, focusing on Major Banks or Regional - Southwest Banks. It accepts deposits, provides various loans, and offers international banking services like letters of credit and foreign exchange. IBOC also provides modern banking solutions through IBC Bank Online and IBC Mobile Banking, along with services like credit cards and safety deposit boxes.

International Bancshares Corp. operates primarily in Texas and Oklahoma, leveraging its understanding of the U.S.-Mexico border region. It has over 200 to 250 branch locations and between 255 and 380 ATMs, serving 75 to 97 communities across these states.

International Bancshares Corp. has maintained a strong brand reputation, receiving accolades such as being ranked the "Best Performing U.S. Public Bank with more than $10 billion in assets" by S&P Global Market Intelligence in 2024 and third on Forbes' America's Best Banks List for 2023. In 2021, IBC Bank in Texas was ranked #1 and IBC Bank in Oklahoma was ranked #3 in Forbes Magazine's "The Best Banks and Credit Unions In Every State 2021." There have been no reported significant negative events or controversies affecting the company's reputation in the past year.

International Bancshares Corp. is predominantly owned by institutional shareholders, holding approximately 68.73% to 73% of the stock. Insiders own about 37.93% of the company, while retail investors hold a negligible percentage. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors LP. Antonio R. Sanchez Jr. is the largest individual shareholder, owning 24.97% of the company's shares.