International Bancshares (IBOC) Stock Rating Lowered by BidaskClub
BidaskClub cut shares of International Bancshares (NASDAQ:IBOC) from a hold rating to a sell rating in a report published on Thursday morning.
Shares of IBOC stock traded down $0.28 during trading hours on Thursday, hitting $34.69. 96,800 shares of the company were exchanged, compared to its average volume of 196,825. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 0.75. International Bancshares has a one year low of $32.56 and a one year high of $47.95. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 11.51 and a beta of 1.42.
International Bancshares (NASDAQ:IBOC) last issued its quarterly earnings results on Wednesday, November 7th. The bank reported $0.77 EPS for the quarter. International Bancshares had a net margin of 33.00% and a return on equity of 10.94%.
International Bancshares Company Profile
International Bancshares Corporation, a financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange.
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