International Bancshares (NASDAQ:IBOC - Get Free Report) released its quarterly earnings data on Thursday. The bank reported $1.85 EPS for the quarter, Zacks reports. International Bancshares had a return on equity of 15.62% and a net margin of 38.65%.
International Bancshares Stock Performance
IBOC traded down $1.15 on Monday, reaching $65.85. The stock had a trading volume of 435,073 shares, compared to its average volume of 290,842. The business's 50-day moving average price is $65.25 and its two-hundred day moving average price is $64.89. The company has a market cap of $4.10 billion, a P/E ratio of 10.24 and a beta of 0.93. International Bancshares has a 12-month low of $51.80 and a 12-month high of $76.91. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.04.
International Bancshares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from International Bancshares's previous quarterly dividend of $0.27. International Bancshares's dividend payout ratio (DPR) is currently 21.31%.
About International Bancshares
(
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International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans.
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