| Market Capitalization (Millions $) |
4,335 |
| Shares
Outstanding (Millions) |
62 |
| Employees |
4,260 |
| Revenues (TTM) (Millions $) |
838 |
| Net Income (TTM) (Millions $) |
418 |
| Cash Flow (TTM) (Millions $) |
-4 |
| Capital Exp. (TTM) (Millions $) |
15 |
Business Description
The Company is a financial holding company with its principal corporate offices
in Laredo, Texas. Four bank subsidiaries provide commercial and retail banking
services through main banking and branch facilities located in communities in
South, Central and Southeast Texas and the State of Oklahoma. The Company was
originally incorporated under the General Corporation Law of the State of Delaware
in 1979. Effective June 7, 1995, the Company’s state of incorporation was
changed from Delaware to Texas. The Company was organized for the purpose of operating
as a bank holding company within the meaning of the Bank Holding Company Act of
1956, as amended (the “BHCA”), and as such, is subject to supervision
and regulation by the Board of Governors of the Federal Reserve System (the “FRB”).
As a registered bank holding company, the Company may own one or more banks and
may engage directly, or through subsidiary corporations, in those activities closely
related to banking which are specifically permitted under the BHCA and by the
FRB.
Company Address: 1200 San Bernardo Avenue Laredo 78042 TX
Company Phone Number: 722-7611 Stock Exchange / Ticker: NASDAQ IBOC
|
0.1%