NEW YORK ( TheStreet) -- International Bancshares Corporation (Nasdaq: IBOC) hit a new 52-week high Wednesday as it is currently trading at $20.12, above its previous 52-week high of $20.10 with 47,015 shares traded as of 9:58 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 9.5% year to date as of the close of trading on Tuesday. 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 11.5, 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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