Press coverage about International Bancshares (NASDAQ:IBOC) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. International Bancshares earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 47.1592018079311 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of International Bancshares (NASDAQ IBOC) opened at $41.60 on Friday. The firm has a market cap of $2,725.57, a price-to-earnings ratio of 18.67 and a beta of 1.51. International Bancshares has a 52 week low of $32.50 and a 52 week high of $42.40. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.68.
International Bancshares (NASDAQ:IBOC) last released its quarterly earnings data on Wednesday, November 8th. The bank reported $0.59 earnings per share for the quarter. International Bancshares had a net margin of 26.36% and a return on equity of 8.34%.
In related news, Director Antonio R. Sanchez, Jr. sold 300,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $38.91, for a total transaction of $11,673,000.00. Following the sale, the director now directly owns 1,672,890 shares of the company’s stock, valued at $65,092,149.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Antonio R. Sanchez, Jr. sold 134,900 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $38.86, for a total transaction of $5,242,214.00. Following the sale, the director now directly owns 1,672,890 shares in the company, valued at $65,008,505.40. The disclosure for this sale can be found here. Insiders sold 437,400 shares of company stock worth $17,006,889 in the last quarter. Company insiders own 17.93% of the company’s stock.
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About International Bancshares
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.
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