Crestline Management LP Has $942,000 Stake in International Bancshares Co. (NASDAQ:IBOC)

Crestline Management LP raised its position in International Bancshares Co. (NASDAQ:IBOC - Free Report) by 274.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,918 shares of the bank's stock after purchasing an additional 10,933 shares during the period. Crestline Management LP's holdings in International Bancshares were worth $942,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of IBOC. Sterling Capital Management LLC increased its stake in International Bancshares by 836.0% in the fourth quarter. Sterling Capital Management LLC now owns 1,741 shares of the bank's stock valued at $110,000 after purchasing an additional 1,555 shares in the last quarter. KBC Group NV increased its position in shares of International Bancshares by 71.2% during the fourth quarter. KBC Group NV now owns 2,612 shares of the bank's stock worth $165,000 after acquiring an additional 1,086 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of International Bancshares during the fourth quarter worth $212,000. Monument Capital Management increased its position in shares of International Bancshares by 12.1% during the fourth quarter. Monument Capital Management now owns 3,955 shares of the bank's stock worth $250,000 after acquiring an additional 427 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in shares of International Bancshares during the fourth quarter worth $310,000. Institutional investors own 65.91% of the company's stock.

International Bancshares Stock Up 0.4%

Shares of IBOC stock traded up $0.23 during trading hours on Thursday, hitting $65.49. 50,650 shares of the company were exchanged, compared to its average volume of 254,851. The business has a 50 day moving average of $61.19 and a two-hundred day moving average of $64.93. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.04. International Bancshares Co. has a 52 week low of $53.33 and a 52 week high of $76.91. The company has a market capitalization of $4.07 billion, a PE ratio of 10.18 and a beta of 0.83.

International Bancshares (NASDAQ:IBOC - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The bank reported $1.56 earnings per share (EPS) for the quarter. International Bancshares had a net margin of 38.65% and a return on equity of 15.62%. The company had revenue of $198.22 million during the quarter.

International Bancshares Company Profile

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans.