News stories about International Bancshares Corporation (NASDAQ:IBOC) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. International Bancshares Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.9133290477333 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Separately, BidaskClub cut shares of International Bancshares Corporation from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th.

Shares of International Bancshares Corporation (NASDAQ IBOC) opened at 41.50 on Tuesday. The stock has a 50 day moving average of $38.42 and a 200 day moving average of $36.11. International Bancshares Corporation has a 52-week low of $29.59 and a 52-week high of $42.35. The stock has a market capitalization of $2.74 billion, a PE ratio of 19.21 and a beta of 1.54.

International Bancshares Corporation (NASDAQ:IBOC) last issued its earnings results on Monday, August 7th. The bank reported $0.61 earnings per share (EPS) for the quarter. International Bancshares Corporation had a net margin of 26.21% and a return on equity of 8.20%. Analysts forecast that International Bancshares Corporation will post $1.59 earnings per share for the current year.

The business also recently announced a semiannual dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a dividend of $0.33 per share. This represents a dividend yield of 1.74%. The ex-dividend date was Thursday, September 28th. International Bancshares Corporation’s dividend payout ratio is currently 9.03%.

In related news, Director Antonio R. Sanchez, Jr. sold 50,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $36.26, for a total value of $1,813,000.00. Following the completion of the sale, the director now directly owns 1,672,890 shares of the company’s stock, valued at $60,658,991.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP R David Guerra sold 2,500 shares of the company’s 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 disclosure for this sale can be found here. Insiders have sold 87,500 shares of company stock valued at $3,177,275 over the last three months. Insiders own 17.93% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for International Bancshares Corporation (NASDAQ:IBOC)

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