International Bancshares Corporation (IBOC) Shares Bought by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA boosted its stake in shares of International Bancshares Corporation (NASDAQ:IBOC) by 258.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,479 shares of the bank’s stock after purchasing an additional 74,613 shares during the period. BNP Paribas Arbitrage SA owned about 0.16% of International Bancshares Corporation worth $4,150,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cubist Systematic Strategies LLC bought a new position in International Bancshares Corporation in the second quarter worth approximately $208,000. Quantbot Technologies LP raised its position in International Bancshares Corporation by 387.1% in the second quarter. Quantbot Technologies LP now owns 6,819 shares of the bank’s stock worth $239,000 after acquiring an additional 5,419 shares during the period. ING Groep NV bought a new position in International Bancshares Corporation in the second quarter worth approximately $248,000. Amalgamated Bank raised its position in International Bancshares Corporation by 0.9% in the second quarter. Amalgamated Bank now owns 7,811 shares of the bank’s stock worth $274,000 after acquiring an additional 72 shares during the period. Finally, Ramsey Quantitative Systems bought a new position in International Bancshares Corporation in the second quarter worth approximately $303,000. Institutional investors own 55.48% of the company’s stock.

International Bancshares Corporation (IBOC) opened at $38.85 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.72 and a quick ratio of 0.72. International Bancshares Corporation has a 52-week low of $32.50 and a 52-week high of $42.35. The firm has a market cap of $2,567.00, a P/E ratio of 17.58 and a beta of 1.52.

International Bancshares Corporation (NASDAQ:IBOC) last released its quarterly earnings results on Wednesday, November 8th. The bank reported $0.59 earnings per share for the quarter. International Bancshares Corporation had a net margin of 26.36% and a return on equity of 8.34%.

In other International Bancshares Corporation news, VP R David Guerra sold 2,500 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $36.67, for a total value of $91,675.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 17.93% of the stock is currently owned by company insiders.

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About International Bancshares Corporation

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.

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Institutional Ownership by Quarter for International Bancshares Corporation (NASDAQ:IBOC)

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