Headlines about International Bancshares Corporation (NASDAQ:IBOC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Bancshares Corporation earned a news impact score of 0.02 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.9766603611674 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
International Bancshares Corporation (NASDAQ IBOC) traded up $0.10 during trading hours on Friday, hitting $38.25. 41,972 shares of the stock traded hands, compared to its average volume of 186,832. International Bancshares Corporation has a one year low of $32.50 and a one year high of $42.35. The company has a market cap of $2,570.30, a P/E ratio of 17.60 and a beta of 1.52. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.72 and a current ratio of 0.72.
International Bancshares Corporation (NASDAQ:IBOC) last released its earnings results on Wednesday, November 8th. The bank reported $0.59 earnings per share (EPS) for the quarter. International Bancshares Corporation had a return on equity of 8.41% and a net margin of 26.21%.
The business also recently announced a semiannual dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a $0.33 dividend. The ex-dividend date was Thursday, September 28th. This represents a yield of 1.74%. International Bancshares Corporation’s dividend payout ratio (DPR) is presently 29.86%.
Separately, BidaskClub downgraded shares of International Bancshares Corporation from a “hold” rating to a “sell” rating in a report on Sunday, July 16th.
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In other International Bancshares Corporation news, VP R David Guerra sold 2,500 shares of International Bancshares Corporation stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $36.67, for a total transaction of $91,675.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Antonio R. Sanchez, Jr. sold 50,000 shares of International Bancshares Corporation stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $36.26, for a total value of $1,813,000.00. Following the sale, the director now directly owns 1,672,890 shares of the company’s stock, valued at $60,658,991.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 87,500 shares of company stock valued at $3,177,275. 17.93% of the stock is currently owned by company insiders.
About International Bancshares Corporation
International Bancshares Corporation is a financial holding company. The Company, through its subsidiaries, is primarily engaged in the business of banking, including the acceptance of checking and savings deposits, and the making of commercial, real estate, personal, home improvement, automobile, and other installment and term loans.
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