International Bancshares (IBOC) Earns News Sentiment Score of 0.30

Headlines about International Bancshares (NASDAQ:IBOC) have trended positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. 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 news sentiment score of 0.30 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 44.94945244212 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

International Bancshares (NASDAQ IBOC) opened at $39.75 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $2,573.60, a P/E ratio of 17.99 and a beta of 1.46. International Bancshares has a 52-week low of $32.50 and a 52-week high of $42.90.

Separately, BidaskClub upgraded International Bancshares from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th.

In related news, Director Antonio R. Sanchez, Jr. sold 134,900 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $38.86, for a total value of $5,242,214.00. Following the completion of the sale, the director now directly owns 1,672,890 shares in the company, valued at $65,008,505.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Antonio R. Sanchez, Jr. sold 300,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $38.91, for a total value of $11,673,000.00. Following the completion of the sale, the director now owns 1,672,890 shares of the company’s stock, valued at $65,092,149.90. The disclosure for this sale can be found here. 17.93% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for International Bancshares (NASDAQ:IBOC)

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