International Bancshares Corporation (IBOC)

54.42 +1.88 (+3.58%) At close: 04:00PM EDT

International Bancshares Corporation

1200 San Bernardo Avenue
Laredo, TX 78042-1359
United States
956 722 7611
https://www.ibc.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 2,062

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Dennis Edward Nixon	Chairman of the Board & President	2.4M	N/A	1943
Ms. Judith I. Wawroski	Chief Accounting Officer, Principal Financial Officer & Treasurer	271.63k	5.76k	1975
Ms. Marisa V. Santos	Corporate Secretary	N/A	N/A	N/A
Mr. Mike K. Sohn	CEO & President of International Bank of Commerce - San Antonio	N/A	N/A	N/A
Mr. Derek Schmidt	CEO & President of International Bank of Commerce - Port Lavaca, Bay City	N/A	N/A	N/A
Mr. Robert B. Barnes	CEO & President of Intl. Bank of Commerce - Austin	N/A	N/A	N/A
Mr. Ignacio Urrabazo Jr.	CEO & President of Commerce Bank – Laredo	N/A	N/A	N/A
Mr. Hector J. Cerna	CEO & President of International Bank of Commerce - Eagle Pass	N/A	N/A	N/A
Mr. Ricardo X. Ramirez	President of International Bank of Commerce - Zapata	N/A	N/A	N/A
Mr. Jeff Samples	President of International Bank of Commerce - Houston	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. The company was founded in 1966 and is headquartered in Laredo, Texas.

Corporate governance

International Bancshares Corporation’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.