NEW YORK (

TheStreet

) -- The ex-dividend date for

International Bancshares Corporation

(Nasdaq:

IBOC

) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $13.79 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for International has been 231,500 shares per day over the past 30 days. International has a market cap of $883.2 million and is part of the

financial

sector and

banking

industry. Shares are down 32.1% year to date as of the close of trading on Monday.

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 7.6, equal to the average banking industry P/E ratio 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, feeble growth in the company's earnings per share and a generally disappointing performance in the stock itself. You can view the full

International Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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