New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 28, 2012
15:32 EDTIBOCInternational Bancshares completes repurchase of all remaining TARP preferreds
International Bancshares announced that it has completed the repurchase of all of the remaining 131,000 shares of the preferred stock it issued to the U.S. Department of the Treasury under the Troubled Asset Relief Program Capital Purchase Program on December 23, 2008. IBC paid the U.S. Treasury a total of $131M of the $216M it received under the Capital Purchase Program, plus an accrued dividend of $236,527.78. The company said its pro forma capital ratios following the repurchase of the TARP preferred stock continue to significantly exceed the regulatory standards for the company and each of its subsidiary banks to be categorized as well-capitalized.
News For IBOC From The Last 14 Days
Check below for free stories on IBOC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for IBOC

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use