International Bancshares Corporation

International Bancshares Corporation is a bank holding company based in Laredo, Texas[1] whose primary subsidiary is International Bank of Commerce. Through its bank subsidiaries, it has 217 banking offices and 315 automated teller machines serving 88 communities in the U.S. states of Texas and Oklahoma.[2]

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.[3][4] In 2012, the company was named one of "America’s 100 Most Trustworthy Companies" by Forbes magazine.[5]

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."[6]

References

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