International Bancshares Corporation (IBOC) notified The Nasdaq Stock Market of the voluntary withdrawal of its $1.00 par value common stock from listing and registration. The issuer states it complied with the exchange’s rules and the requirements governing voluntary withdrawal.
International Bancshares Corporation (IBOC) notified Nasdaq of its intention to transfer its common stock’s primary listing to the Texas Stock Exchange (TXSE). The stock is approved for listing on TXSE, where it will continue under ticker symbol IBOC.
The company expects Nasdaq trading to cease at the close on October 16, 2026, and TXSE trading to begin at market open on October 19, 2026. Shareholders are not required to take action for the transfer.
International Bancshares Corporation reported Q2 2026 net income of $95,812 (Dollars in Thousands), down from 100,142 a year earlier, with basic EPS of 1.54 versus 1.61. For the first six months of 2026, net income was 197,998 compared with 197,034 and basic EPS was 3.18 versus 3.17.
For the first half, total interest income was 435,015 and interest expense declined to 98,282, producing net interest income of 336,733 versus 328,716 in 2025 (all in thousands). Credit loss expense increased to 14,129 from 7,727, and the allowance for credit losses rose to 170,014 from 159,174 at December 31, 2025.
At June 30, 2026, total assets were 17,021,950 with net loans of 9,693,185 and deposits of 12,736,044 (Dollars in Thousands). Non-accrual loans increased to 297,143 from 140,302 at December 31, 2025, which the company attributes primarily to a relationship consisting of several loans secured by interests in affordable housing projects placed on non-accrual in Q2 2026.
International Bancshares Corporation reported net income for the six months ended June 30, 2026 of $198.0 million, or $3.18 diluted and basic earnings per common share, compared with $197.0 million, or $3.16 diluted and $3.17 basic per share for the same period of 2025, an increase of 0.5% in net income and 0.6% in diluted EPS. For the three months ended June 30, 2026, net income was $95.8 million, or $1.54 diluted and basic EPS, versus $100.1 million, or $1.61 diluted and basic EPS, a 4.3% decline in both net income and diluted EPS versus second quarter 2025.
Management attributes six‑month performance to higher interest earned on investment and loan portfolios, driven by portfolio growth and the rate environment, and to lower interest expense from a redistribution of deposit rates, while noting this was partially offset by higher provision for credit loss expense tied to loan growth, changes in non‑accrual loan balances, and reevaluation of specific credit provisions; it states no actual losses on those loans have been, or may ever be, realized. At June 30, 2026, total assets were approximately $17.0 billion, total net loans $9.7 billion, and deposits $12.7 billion, all higher than at December 31, 2025. The company highlights continued focus on customer service, balance sheet and liquidity management, cost controls, process efficiencies, and AI initiatives.
International Bancshares Corporation announced that its board of directors approved a $0.73 per share cash dividend on its common stock. Shareholders of record as of the close of business on August 14, 2026 will receive the dividend, payable on August 28, 2026.
The company describes the dividend as discretionary and links it to its financial strength, citing a solid capital position, significant liquidity and 60 years of positive earnings. International Bancshares is a multi-bank financial holding company headquartered in Laredo, Texas, with over $16.8 billion in total assets, 165 facilities and 247 ATMs serving 75 communities in Texas and Oklahoma.
INTERNATIONAL BANCSHARES CORP director Larry A. Norton reported an open-market sale of 10,000 shares of common stock at $72.00 per share. The transaction was carried out through a partnership that holds shares indirectly associated with him.
After this sale, the partnership’s remaining indirect holdings reported in the filing were 111,917 shares. The Form 4 also shows 656 shares held directly and 274 shares held indirectly through his wife, indicating that Norton continues to have a substantial reported equity interest in the company following the transaction.
Issuer filed a Form 144 for Common Stock (NASDAQ). The notice lists Common Stock associated with UBS Financial Services Inc., an address in Weehawken, NJ, and a filing date of 05/21/2026. The record shows prior open-market purchases of 5,000 shares on 11/13/2008 and 5,000 shares on 11/20/2008.
International Bancshares Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 18, 2026. Shareholders voted on the election of eight directors, ratification of the independent auditor, and a non-binding advisory vote on executive compensation.
Each director nominee, including Javier de Anda, Dennis E. Nixon, and others, received a majority of votes cast and was elected under the Company’s majority-vote standard for uncontested elections. For example, Javier de Anda received 50,312,229 votes for and 692,795 against, while Dennis E. Nixon received 49,981,267 votes for and 1,026,700 against.
Shareholders also ratified the appointment of RSM US LLP as the Company’s independent registered public accounting firm, with 55,979,590 votes for and 195,629 against. In addition, the non-binding advisory resolution on executive compensation passed, receiving 49,397,712 votes for and 1,592,585 against, indicating shareholder support for the Company’s pay practices.
International Bancshares Corporation has adopted Third Amended and Restated By-Laws that significantly change how shareholders can bring legal claims related to the company’s internal affairs. The changes expand shareholders’ ability to file derivative lawsuits and broaden where such cases may be heard.
The new By-Laws remove the prior requirement that a shareholder or group must beneficially own three percent of the company’s outstanding common stock to institute or maintain a derivative proceeding. They also eliminate an exclusive forum clause that had restricted internal claims to specified Texas and federal courts, and they end a provision requiring shareholders, directors, and officers to waive their right to a jury trial for internal entity claims and other claims against the company, to the fullest extent permitted by law. These amendments took effect on May 12, 2026.
International Bancshares Corporation generated Q1 2026 net income of $102.2 million, up from $96.9 million a year earlier, with basic and diluted earnings per share of $1.64 versus $1.56.
Total assets increased to $16.8 billion, driven by loan growth to $9.65 billion and deposits to $12.62 billion. The allowance for credit losses was $160.4 million, while non-accrual loans rose to $160.0 million and doubtful collateral-dependent loans reached $159.4 million. Cash and cash equivalents ended the quarter at $585.9 million, supported by positive operating and financing cash flows.