Boston Trust Walden Corp Lowers Holdings in International Bancshares Corporation (NASDAQ:IBOC)

Boston Trust Walden Corp decreased its position in International Bancshares Corporation (NASDAQ:IBOC - Free Report) by 1.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,398,049 shares of the bank's stock after selling 14,484 shares during the quarter. Boston Trust Walden Corp owned approximately 2.25% of International Bancshares worth $88,161,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in International Bancshares in the first quarter valued at about $1,255,000. Cetera Investment Advisers bought a new position in International Bancshares in the fourth quarter valued at about $212,000. Cibc World Markets Corp bought a new position in International Bancshares in the fourth quarter valued at about $320,000. Vanguard Group Inc. lifted its holdings in International Bancshares by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,407,121 shares of the bank's stock valued at $404,674,000 after acquiring an additional 18,408 shares during the period. Finally, Algert Global LLC raised its stake in shares of International Bancshares by 19.0% in the fourth quarter. Algert Global LLC now owns 138,562 shares of the bank's stock worth $8,752,000 after buying an additional 22,150 shares during the period. Institutional investors own 65.91% of the company's stock.

International Bancshares Stock Performance

Shares of NASDAQ IBOC traded up $0.50 during trading on Friday, hitting $63.02. The company had a trading volume of 527,626 shares, compared to its average volume of 256,047. The stock has a 50 day simple moving average of $62.47 and a 200 day simple moving average of $63.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.73 and a current ratio of 0.73. International Bancshares Corporation has a 12 month low of $54.11 and a 12 month high of $76.91. The firm has a market capitalization of $3.92 billion, a P/E ratio of 9.59 and a beta of 0.82.

International Bancshares (NASDAQ:IBOC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The bank reported $1.56 EPS for the quarter. International Bancshares had a return on equity of 14.84% and a net margin of 39.30%. The firm had revenue of $198.22 million for 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.