NEW YORK (

TheStreet

) --

International Bancshares Corporation

(Nasdaq:

IBOC

) hit a new 52-week high Friday as it is currently trading at $20.05, above its previous 52-week high of $20.01 with 67,122 shares traded as of 10 a.m. ET. Average volume has been 260,100 shares over the past 30 days.

International has a market cap of $1.34 billion and is part of the

financial

sector and

banking

industry. Shares are up 8.5% year to date as of the close of trading on Thursday.

International Bancshares Corporation, a banking holding company, provides commercial and retail banking services in south, central, and southeast Texas; and Oklahoma. The company has a P/E ratio of 11.8, below the average banking industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates International as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full

International Ratings Report

.

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