International Bancshares Corporation logo IBOC - International Bancshares Corporation

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| PRICE TARGET: $85.00 DETAILS
HIGH: $85.00
LOW: $85.00
MEDIAN: $85.00
CONSENSUS: $85.00
UPSIDE: 11.87%

About International Bancshares Corporation (https://www.ibc.com)

International Bancshares Corporation (IBC), functioning as a financial holding company, delivers a comprehensive array of commercial and retail banking services. The institution facilitates checking and savings deposits and extends various loan products, including financing for commercial ventures, real estate, personal needs, home improvements, automobiles, and other installment or term-based credit. Moreover, IBC specializes in international banking, offering services such as letters of credit, commercial and industrial lending, and foreign currency exchange. Its supplementary offerings feature credit cards, secure safety deposit boxes, collection services, notary public, and escrow. The company also provides the convenience of drive-up and walk-up facilities, alongside other standard banking operations, online banking platforms, and access to securities products facilitated by external providers. As of February 28, 2022, International Bancshares Corporation maintained a substantial presence with 170 branch locations and 263 ATMs, serving 76 distinct communities across Texas and Oklahoma. Established in 1966, the corporation's primary corporate office is located in Laredo, Texas.

Key Executives

NAME TITLE DOB SALARY
Dennis Edward Nixon Chairman of the Board & President 1943 $2,653,019 USD
Judith I. Wawroski Chief Accounting Officer, CFO & Treasurer 1975 $342,983 USD
Derek Schmidt Chief Executive Officer & President of International Bank of Commerce - Port Lavaca, Bay City
Hector J. Cerna Chief Executive Officer & President of International Bank of Commerce - Eagle Pass
Jeff Samples President of International Bank of Commerce - Houston
Kyle McElvaney President & Chief Executive Officer of IBC Bank - Oklahoma
Marisa V. Santos Corporate Secretary
Mike K. Sohn Chief Executive Officer & President of International Bank of Commerce - San Antonio
Ricardo X. Ramirez President of International Bank of Commerce - Zapata
Robert Barnes Chief Executive Officer & President of Intl. Bank of Commerce - Austin

Company Peers

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