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  September 5, 2001
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Home > Company Index > Banking > Banking - Southwest > International Bancshares Corporation

International Bancshares Corporation
Nasdaq (SC): IBOC
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 NEWS FROM THE WIRES
International Bancshares to buy National Bancshares
Jul 31 2001 04:27 AM PDT

More WIRE STORIES about this company

 PROFILE
International Bancshares is leading after-NAFTA banking in South Texas. Its International Bank of Commerce and Commerce Bank subsidiaries serve residents and businesses in Texas and Mexico (from which they get about 40% of deposits) from more than 100 Texas offices. The firm offers banking services to northern Mexico's "maquiladoras," US-owned plants in Mexico that temporarily import materials for assembly and then re-export to the US. About 60% of the company's loan portfolio is made up of business loans; the banks also write mortgages and consumer and other loans. The family of founder Antonio Sanchez owns more than a quarter of the acquisitive company.

 COMPETITION
BANK ONE CORPORATION (ONE)
Cullen/Frost Bankers, Inc. (CFR)
J.P. Morgan Chase & Co. (JPM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 479.10
1-Yr. Sales Growth: 19.3%
Employees: 1,634
Revenue per employee: $293,206.85

 KEY PEOPLE
• Dennis E. Nixon
    CEO
• Imelda Navarro
    CFO

 CONTACT INFO
1200 San Bernardo Ave.
Laredo, TX 78042
US
Phone: 956-722-7611
Fax: 956-726-6647
Online: Web Site

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