International Bancshares Corporation Increases Cash Dividend By 4.76% To $0.66/Share
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International Bancshares Corporation Increases Cash Dividend By 4.76% To $0.66/Share
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International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended Sept. 30, 2024 of $294.1 million or $4.72 diluted earnings per common share ($4.73 per share basic) compared to $305.4 million or $4.91 diluted earnings per common share ($4.92 per share basic), which represents a decrease of 3.7% in net income and 3.9% in diluted earnings per share over the corresponding period of 2023. Net income for the three months ended Sept. 30, 2024 was $99.8 million or $1.60 diluted earnings per common share ($1.60 per share basic) compared to $103.3 million or $1.66 diluted earnings per common share
IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a significant step in IBC's ongoing commitment to enhance its digital banking services and deliver cutting-edge solutions to its customers. By integrating Finanta's advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business value. In line with its mis
International Bancshares Corporation (NASDAQ:IBOC) announced today that on July 31, 2024, IBC's Board of Directors approved the declaration of a 66 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 14, 2024, payable on Aug. 28, 2024. "This discretionary cash dividend was made possible because of our Company's continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity and more than fifty-seven years of positive earnings. We remain committed to continue to manage our Company responsibly to position us for continued success and
4 - INTERNATIONAL BANCSHARES CORP (0000315709) (Issuer)
4 - INTERNATIONAL BANCSHARES CORP (0000315709) (Issuer)
4 - INTERNATIONAL BANCSHARES CORP (0000315709) (Issuer)
10-Q - INTERNATIONAL BANCSHARES CORP (0000315709) (Filer)
8-K - INTERNATIONAL BANCSHARES CORP (0000315709) (Filer)
8-K - INTERNATIONAL BANCSHARES CORP (0000315709) (Filer)
International Bancshares Corporation ("IBC") (NASDAQ:IBOC) announced today that on Feb. 23, 2022, IBC's Board of Directors appointed Ms. Diana G. Zuniga to IBC's Board to fill the vacancy created by Irving Greenblum's retirement. The board unanimously voted to appoint Ms. Zuniga as a new director of IBC after recommendation from the Board's Nominating Committee. "Ms. Zuniga will bring her talent, experience and maturity to our holding company Board. She is an accomplished, highly respected entrepreneur, and a community leader who will add value to our Board deliberations and our company," said Dennis E. Nixon, Chairman. Ms. Zuniga has served as an advisory director of IBC's subsidiary bank
International Bancshares Corporation (NASDAQ:IBOC) announced today that on July 31, 2024, IBC's Board of Directors approved the declaration of a 66 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 14, 2024, payable on Aug. 28, 2024. "This discretionary cash dividend was made possible because of our Company's continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity and more than fifty-seven years of positive earnings. We remain committed to continue to manage our Company responsibly to position us for continued success and
International Bancshares Corporation (NASDAQ:IBOC) announced today that on Jan. 31, 2024, IBC's Board of Directors approved the declaration of a 66 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 15, 2024, payable on Feb. 28, 2024. This dividend represents a 4.76% or 3 cents per share increase above IBC's previous dividend paid on Aug. 25, 2023. "This discretionary cash dividend was made possible because of our Company's continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity, and more than fifty-seven years of positiv
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 cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on August 11, 2023, payable on August 25, 2023. "This discretionary cash dividend was made possible because of our Company's continued record of superior financial results. Adding to this strong performance is our exceptionally strong capital position, significant liquidity, and more than fifty-six years of positive earnings. We remain committed to continue to manage our Company responsibly to position us for continued success
International Bancshares (NASDAQ:IBOC) reported quarterly earnings of $1.71 per share. This is a 1.18 percent increase over earnings of $1.69 per share from the same period last year.
SC 13G/A - INTERNATIONAL BANCSHARES CORP (0000315709) (Subject)
SC 13G/A - INTERNATIONAL BANCSHARES CORP (0000315709) (Subject)
SC 13G/A - INTERNATIONAL BANCSHARES CORP (0000315709) (Subject)