Latest International Bancshares Corp (IBOC) Headli
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International Bancshares Corporation Announces Extension of Stock Repurchase Program
Business Wire - Mon Mar 10, 12:25PM CDT
International Bancshares Corporation (NASDAQ:IBOC) today announced that on March 7, 2014, its Board of Directors approved the extension of its stock repurchase program. On each of April 9, 2009, March 9, 2010, March 10, 2011, March 22, 2012 and March 4, 2013, the Board authorized the repurchase of up to $40 million of common stock within the next twelve months beginning on April 9 of that year. On March 7, 2014, the Board again authorized the repurchase of up to $40 million of its common stock during the twelve month period commencing on April 9, 2014, which repurchase cap the Board is inclined to increase over time. Since April 9, 2009 until the present, IBC has repurchased approximately $30.1 million of common stock, representing approximately 1,885,770 shares of common stock. IBC currently has invested approximately $264.3 million in treasury shares, which amount has been accumulated since IBC's inception. Stock repurchases may be made from time to time, on the open market or through private transactions. Shares repurchased in this program will be held in treasury for reissue for various corporate purposes, including employee stock option plans.
Globalscape(R) Executive Recognized for Channel Innovation
Business Wire - Tue Mar 04, 6:00AM CST
GlobalSCAPE, Inc. (NYSE MKT: GSB), a developer of secure information exchange solutions, announced today that Matt Goulet, vice president of sales and marketing, has been named one of CRN's 2014 Channel Chiefs.
4 Big-Volume Stocks to Trade for Breakouts
at The Street - Thu Feb 27, 5:00AM CST
These stocks rising on unusual volume are within range of triggering breakout trades.
IBC Announces Strong 2013 Earnings
Business Wire - Mon Feb 24, 12:18PM CST
International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income available to common shareholders for 2013 of $126.4 million or $1.88 diluted earnings per common share ($1.88 per share basic) compared to $93.5 million or $1.39 diluted earnings per common share ($1.39 per share basic), which represents a 35.2 percent increase in net income and a 35.3 percent increase in diluted earnings per share over the corresponding period in 2012. Net income available to common shareholders for the three months ended December 31, 2013 was $38.9 million or $.58 diluted earnings per common share ($.58 per share basic), compared to $21.9 million or $.32 diluted earnings per common share ($.32 per share basic), representing an increase of 77.6 percent in net income available to common shareholders and a 81.3 percent increase in diluted earnings per share. The Company exited the TARP Capital Purchase program in the fourth quarter of 2012. The net income available to common shareholders for the three and twelve months ended December 31, 2012 of $21.9 million and $93.5 million, respectively, includes the amounts related to participation in the TARP program, including stock dividends and amounts related to the Warrants.
International Bancshares Down 12.2% Since SmarTrend Downtrend Call (IBOC)
Comtex SmarTrend(R) - Thu Feb 20, 9:23AM CST
SmarTrend identified a Downtrend for International Bancshares (NASDAQ:IBOC) on January 27th, 2014 at $24.72. In approximately 3 weeks, International Bancshares has returned 12.18% as of today's recent price of $21.71.
11.0% Return Seen to Date on SmarTrend International Bancshares Call (IBOC)
Comtex SmarTrend(R) - Tue Feb 11, 9:27AM CST
SmarTrend identified a Downtrend for International Bancshares (NASDAQ:IBOC) on January 27th, 2014 at $24.72. In approximately 2 weeks, International Bancshares has returned 11.04% as of today's recent price of $21.99.
IBC Bank and LPL Financial Congratulate Fernando Montemayor and Julian Cruz for Recognition in Bank Investment Consultant's 2013 Top 50 Bank Advisors
Business Wire - Mon Dec 30, 11:21AM CST
IBC Bank and LPL Financial LLC, the nation's largest independent broker-dealer, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today congratulated Fernando Montemayor, Senior Financial Consultant for the Laredo and Zapata areas, and Julian Cruz, Financial Consultant for McAllen and surrounding areas, advisors with IBC Investment Services located at IBC Bank in their respective cities for being named by Bank Investment Consultant as two of the nation's Top 50 bank and credit union advisors for 2013.
International Bancshares Up 13.7% Since SmarTrend Uptrend Call (IBOC)
Comtex SmarTrend(R) - Thu Dec 19, 11:23AM CST
SmarTrend identified an Uptrend for International Bancshares (NASDAQ:IBOC) on October 18th, 2013 at $22.98. In approximately 2 months, International Bancshares has returned 13.73% as of today's recent price of $26.13.
IBC Reports Strong Third Quarter 2013 Earnings
Business Wire - Wed Nov 06, 11:28AM CST
International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, today reported net income available to common shareholders for the three months ended September 30, 2013 was $31.8 million, or $.47 diluted earnings per common share and $.47 basic earnings per common share, compared to $22.0 million or $.33 diluted earnings per common share and $.33 basic earnings per common share for the same period in 2012, representing an increase of 44.5 percent in net income available to common shareholders and an increase of 42.4 percent in diluted earnings per common share. Net income available to common shareholders for the nine months ended September 30, 2013 was $87.4 million, or $1.30 diluted earnings per common share and $1.30 basic earnings per common share, compared to $71.6 million or $1.06 diluted earnings per common share and $1.06 basic earnings per common share for the same period of 2012, representing an increase of 22.1 percent in net income available to common shareholders and an increase of 22.6 percent diluted earnings per common share. The Company exited the TARP Capital Purchase program in the fourth quarter of 2012. The net income available to common shareholders for the three and nine months ended September 30, 2012 of $22.0 million and $71.6 million, respectively, includes the amounts related to participation in the TARP program, including stock dividends and amounts related to the Warrants.
CBSH Declares Dividend but Shares Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 05, 12:30PM CST
Shares of Commerce Bancshares dipped 0.3% despite the announcement of a 5% stock dividend on Nov 1. The stock dividend will be paid on Dec 16 to shareholders of record as of Nov 29.
Westamerica Gains on Div Hike - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 28, 3:30PM CDT
Shares of Westamerica Bancorp. gained 0.5% since the company announced a dividend hike on Oct 24.
Associated Banc-Corp Hikes Dividend - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 23, 3:30PM CDT
In an effort to further enhance stockholder value, Associated Banc-Corp announced a 12.5% hike in its quarterly cash dividend.
International Bancshares Hikes Dividend - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 19, 8:30AM CDT
International Bancshares has announced a 15% hike in its semi-annual cash dividend.
International Bancshares Hikes Dividend 15%
Rich Duprey, The Motley Fool - Motley Fool - Wed Sep 18, 9:49PM CDT
Multibank holding company International Bancshares announced today its semiannual dividend of $0.23 per share, a 15% increase in the payout made to investors last time of $0.20 per share. The board of directors said the quarterly dividend is...
International Bancshares Corporation Announces Increased Cash Dividend
Business Wire - Wed Sep 18, 11:25AM CDT
International Bancshares Corporation ("IBC") today announced that on September 16, 2013, IBC's Board of Directors approved the declaration of a 23 cents per share cash dividend for shareholders of record as of the close of business on September 30, 2013, payable on October 15, 2013. "This cash dividend, which reflects an increase of 15% per share over IBC's most recent cash dividend, was made possible because of the continuing favorable performance of IBC during these challenging economic times," said Dennis E. Nixon, President and CEO of IBC.
International Bancshares Has Returned 18.9% Since SmarTrend Recommendation (IBOC)
Comtex SmarTrend(R) - Tue Aug 20, 5:20PM CDT
SmarTrend identified an Uptrend for International Bancshares (NASDAQ:IBOC) on May 7th, 2013 at $20.10. In approximately 4 months, International Bancshares has returned 18.94% as of today's recent price of $23.90.
Uptrend Call Working As International Bancshares Stock Rises 22.9% (IBOC)
Comtex SmarTrend(R) - Tue Aug 06, 10:00AM CDT
SmarTrend identified an Uptrend for International Bancshares (NASDAQ:IBOC) on May 7th, 2013 at $20.10. In approximately 3 months, International Bancshares has returned 22.92% as of today's recent price of $24.70.
IBC Reports Second Quarter 2013 Earnings
Business Wire - Mon Aug 05, 12:38PM CDT
International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, today reported second quarter 2013 net income available to common shareholders of $55.6 million, or $.83 diluted earnings per common share and $.83 basic earnings per common share, compared to $49.5 million or $.74 diluted earnings per common share and $.74 basic earnings per common share for the same period of 2012, representing an increase of 12.3 percent in net income available to common shareholders and 12.2 percent diluted earnings per common share. Net income available to common shareholders for the three months ended June 30, 2013 was $27.5 million, or $.41 diluted earnings per common share and $.41 basic earnings per common share, compared to $21.2 million or $.31 diluted earnings per common share and $.32 basic earnings per common share for the same period in 2012, representing an increase of 29.7 percent in net income available to common shareholders and an increase of 32.3 percent in diluted earnings per common share. The Company exited the TARP Capital Purchase program in the fourth quarter of 2012. The net income available to common shareholders for the three and six months ended June 30, 2012 of $21.2 million and $49.5 million, respectively, includes the amounts related to participation in the TARP program, including stock dividends and amounts related to the Warrants.

