International Bancshares Corporation

International Bancshares Corporation
Company typePublic
Nasdaq: IBOC
S&P 400 Component
IndustryCommercial Banks
Founded1966; 58 years ago (1966)
HeadquartersLaredo, Texas
Number of locations
315
Websiteibc.com/

International Bancshares Corporation is a bank holding company based in Laredo, Texas.[1] The company's main subsidiary is International Bank of Commerce, also based in Laredo.

Through four bank subsidiaries, International Bancshares has 217 banking offices and 315 automated teller machines serving 88 communities in the U.S. states of Texas and Oklahoma.[2]

In 2024, S&P Global Market Intelligence ranked International Bancshares Corp. as the "Best Performing U.S. Public Bank with more than $10 billion in assets."[3]

In 2012, the company was named one of "America’s 100 Most Trustworthy Companies" by Forbes magazine.[4]

In 2002, Tony Sanchez, a member of the Sanchez family that is the largest owner of IBC, ran as the Democratic Party candidate for Governor of Texas, but lost to incumbent Republican Rick Perry.[5] [6]

  1. ^ Vaughan, Vicki (September 20, 1998). "Top 5 Company Profiles: IBC's ledger sparkles". San Antonio Express-News. Retrieved June 5, 2012.
  2. ^ "IBC Reports Strong 2014 Earnings" (Press release). International Bancshares Corporation via Securities and Exchange Commission. August 11, 2014. Retrieved September 22, 2014.
  3. ^ Smith, Katherine (March 20, 2024). "S&P Global Market Intelligence Ranks the Best-Performing U.S. Credit Unions, Community and Public Banks by Region for 2023". S&P Global. Retrieved May 16, 2024.
  4. ^ "International Bancshares Corporation Named One of America's Most Trustworthy Companies" (Press release). International Bancshares Corporation via Business Wire. April 9, 2012. Retrieved June 5, 2012.[permanent dead link]
  5. ^ Yardley, Jim (September 5, 2001). "In First, Texas Hispanic Seeks to Be Governor". The New York Times. Retrieved June 5, 2012.
  6. ^ "2002 Election Results for Texas Governor". ourcampaigns.com.