Previous Close | 58.38 |
Open | 59.11 |
Bid | 59.28 x 100 |
Ask | 59.60 x 100 |
Day's Range | 57.94 - 59.54 |
52 Week Range | 40.43 - 59.54 |
Volume | |
Avg. Volume | 243,709 |
Market Cap | 3.694B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 8.98 |
EPS (TTM) | 6.62 |
Earnings Date | Aug 01, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | 1.29 (2.21%) |
Ex-Dividend Date | Feb 14, 2024 |
1y Target Est | N/A |
Net Income and EPS Show Slight Decline Amid Rising Interest Expenses
LAREDO, Texas, May 02, 2024--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, 2024 of $97.3 million or $1.56 diluted earnings per common share ($1.57 per share basic) compared to $101.6 million or $1.63 diluted earnings per common share ($1.64 per share basic), which represents a decrease of 4.3% in diluted earnings per share and a 4.2% decrease in net income over the
Key Insights Significantly high institutional ownership implies International Bancshares' stock price is sensitive to...