TAMACC is delighted to announce the addition of International Bank of Commerce (IBC) as one of its newest corporate partners, proudly selecting IBC as its preferred banking institution.

Based in Laredo, Texas, International Bank of Commerce (IBC) operates as a state-chartered bank under International Bancshares Corporation. It stands as one of Texas’ leading banks and ranks as the 83rd largest bank in the United States by asset size. Notably, IBC holds the distinction of being the largest minority-owned bank in the nation.

As a multi-bank financial holding company headquartered in Laredo, Texas, IBC boasts 166 branches and 256 ATMs, extending its services to 75 communities across Texas and Oklahoma.

IBC Reports 37% Increase in Earnings in 2023

International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, reported annual net income for 2023 of $411.8 million or $6.62 diluted earnings per common share ($6.63 per share basic) compared to $300.2 million or $4.78 diluted earnings per common share ($4.79 per share basic), which represents an increase of 38.5 percent in diluted earnings per share and a 37.2 percent increase in net income over the corresponding period in 2022.