|
Balance Sheet Cash Flow Statement 1200 San Bernardo Ave. Laredo, TX 78042-1359 TX Tel. 956-722-7611 Fax 956-726-6637 |
Type: Public
On the web:
http://www.iboc.com
Employees:
3,832
Employee growth: 29.2%
International Bancshares is leading post-NAFTA banking in South Texas. The institution's International Bank of Commerce and Commerce Bank serve residents and businesses of Texas, Oklahoma, and northern Mexico through more than 250 offices. The company facilitates trade between the US and Mexico and serves Texas' growing Hispanic population; about 30% of its deposits come from south of the border. In addition to commercial and international banking services, International Bancshares provides retail deposit services, insurance and investment products, and mortgages and consumer loans. The bulk of the company's portfolio is made up of business and construction loans.
Key numbers for fiscal year ending December, 2008:
Sales: $522.7M
One year growth: 9.9%
Net income: $132.1M
Income growth: 8.9%
Officers:
Chairman and President; President and CEO, International Bank of Commerce, Laredo: Dennis E. Nixon
Treasurer and Director; SEVP, CFO, and COO, International Bank of Commerce, Laredo: Imelda Navarro
EVP and Director Sales and Marketing, International Bank of Commerce, Laredo: J. Jorge Verduzco
Competitors:
Cullen/Frost Bankers
JPMorgan Chase
Wells Fargo
