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International Bancshares: 1Q Earnings Snapshot

LAREDO, Texas (AP) _ International Bancshares Corp. (IBOC) on Thursday reported first-quarter profit of $34.8 million.

The bank, based in Laredo, Texas, said it had earnings of 53 cents per share.

International Bancshares shares have decreased 37% since the beginning of the year. The stock has fallen 35% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IBOC at https://www.zacks.com/ap/IBOC