International Bancshares Co. (NASDAQ:IBOC) Stock Holdings Lifted by Rhumbline Advisers

Rhumbline Advisers boosted its holdings in International Bancshares Co. (NASDAQ:IBOC - Free Report) by 8.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,708 shares of the bank's stock after purchasing an additional 16,924 shares during the quarter. Rhumbline Advisers owned approximately 0.33% of International Bancshares worth $13,035,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hancock Whitney Corp increased its position in International Bancshares by 1.5% in the fourth quarter. Hancock Whitney Corp now owns 19,293 shares of the bank's stock worth $1,219,000 after buying an additional 281 shares during the period. Quantinno Capital Management LP increased its holdings in shares of International Bancshares by 6.1% in the 4th quarter. Quantinno Capital Management LP now owns 5,796 shares of the bank's stock worth $366,000 after acquiring an additional 331 shares during the period. Janus Henderson Group PLC lifted its position in International Bancshares by 0.7% in the 4th quarter. Janus Henderson Group PLC now owns 54,245 shares of the bank's stock valued at $3,428,000 after purchasing an additional 388 shares during the last quarter. Xponance Inc. boosted its stake in International Bancshares by 5.5% during the 4th quarter. Xponance Inc. now owns 7,635 shares of the bank's stock valued at $482,000 after purchasing an additional 401 shares during the period. Finally, Monument Capital Management increased its stake in shares of International Bancshares by 12.1% in the fourth quarter. Monument Capital Management now owns 3,955 shares of the bank's stock valued at $250,000 after purchasing an additional 427 shares during the period. Institutional investors own 65.91% of the company's stock.

International Bancshares Stock Performance

Shares of NASDAQ IBOC traded down $0.27 during midday trading on Thursday, hitting $64.39. 130,858 shares of the company's stock were exchanged, compared to its average volume of 253,957. International Bancshares Co. has a twelve month low of $53.51 and a twelve month high of $76.91. The firm has a market cap of $4.00 billion, a P/E ratio of 10.01 and a beta of 0.82. The stock's 50 day moving average price is $61.90 and its 200-day moving average price is $64.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.72 and a quick ratio of 0.72.

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

International Bancshares 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.