International Bancshares Corporation

International Bancshares Corporation is a bank holding company based in Laredo, Texas.[1] The company's main subsidiary is International Bank of Commerce, also based in Laredo.

International Bancshares Corporation
Company typePublic
NasdaqIBOC
S&P 400 Component
IndustryCommercial Banks
Founded1966; 58 years ago (1966)
HeadquartersLaredo, Texas
Number of locations
315
Websiteibc.com/

Through four bank subsidiaries, International Bancshares has 217 banking offices and 315 automated teller machines serving 88 communities in the U.S. states of Texas and Oklahoma.[2]

In 2024, S&P Global Market Intelligence ranked International Bancshares Corp. as the "Best Performing U.S. Public Bank with more than $10 billion in assets."[3]

In 2012, the company was named one of "America’s 100 Most Trustworthy Companies" by Forbes magazine.[4]

In 2002, Tony Sanchez, a member of the Sanchez family that is the largest owner of IBC, ran as the Democratic Party candidate for Governor of Texas, but lost to incumbent Republican Rick Perry.[5] [6]

References

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  1. ^ Vaughan, Vicki (September 20, 1998). "Top 5 Company Profiles: IBC's ledger sparkles". San Antonio Express-News. Retrieved June 5, 2012.
  2. ^ "IBC Reports Strong 2014 Earnings" (Press release). International Bancshares Corporation via Securities and Exchange Commission. August 11, 2014. Retrieved September 22, 2014.
  3. ^ Smith, Katherine (March 20, 2024). "S&P Global Market Intelligence Ranks the Best-Performing U.S. Credit Unions, Community and Public Banks by Region for 2023". S&P Global. Retrieved May 16, 2024.
  4. ^ "International Bancshares Corporation Named One of America's Most Trustworthy Companies" (Press release). International Bancshares Corporation via Business Wire. April 9, 2012. Retrieved June 5, 2012.[permanent dead link]
  5. ^ Yardley, Jim (September 5, 2001). "In First, Texas Hispanic Seeks to Be Governor". The New York Times. Retrieved June 5, 2012.
  6. ^ "2002 Election Results for Texas Governor". ourcampaigns.com.
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