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Regional Southwest Banks

International Bancshares Corporation, also referred to as IBOC, is a financial holding company that owns 100% of International Bank of Commerce, a Texas state bank. The corporation, which was established in 1966, has its headquarters in Laredo, Texas, in the United States.

In terms of financial performance, International Bancshares Corporation had total assets of $11.7 billion as of December 31, 2M22, while its net loans were $6.9 billion. Deposits totaled $8.7 billion, and shareholder equity was $1.3 billion. The corporation also reported net income of $136.4 million for the year 2022, translating to $2.20 in earnings per diluted share. The business emphasized that its financial results for the fourth quarter and full year 2022 showed significant year-over-year growth. Total assets, net loans, and total deposits increased by 7.3%, 2.6%, and 6.4%, respectively, from the same period in the prior year.

In addition, International Bancshares Corporation recently declared a cash dividend of $0.375 per share on its common stock, a 30% raise over the previous dividend. This dividend is payable on January 31, 2023, to shareholders of record as of January 20, 2023.

For more information and updates on International Bancshares Corporation's financial performance, it's always best to refer to reputable financial websites or the company's official releases or reports, as the company's fiscal status and progress may change over time.