Bank of New York Mellon Corp reduced its holdings in International Bancshares Corporation (NASDAQ:IBOC) by 3.0% in Q1 2025, now owning 0.78% of the company's stock. Other hedge funds like Bessemer Group Inc. and Hancock Whitney Corp also adjusted their stakes. International Bancshares reported $1.56 EPS for Q1 2025 with strong profitability metrics, and operates commercial and retail banking services in Texas and Oklahoma.

The Teacher Retirement System of Texas reduced its stake in International Bancshares Corporation (NASDAQ:IBOC) by 24% in Q1, selling 6,436 shares to 20,362 remaining. Other institutional investors, including Vanguard, American Century, and First Trust Advisors, increased their holdings. The bank reported $1.56 EPS with a 39.30% net margin and $198.22M revenue. International Bancshares operates in Texas and Oklahoma, offering banking services.

The Teacher Retirement System of Texas reduced its holdings in International Bancshares Corporation (IBOC) by 24.0% in Q1 2025, while other institutional investors added to or adjusted their stakes in the bank. IBOC reported $1.56 EPS and $198.22M revenue in Q1, with a net margin of 39.30%.

A joint venture between CATL's subsidiary CBL, Indonesian state-owned mining company ANTAM, and battery company IBC has launched a $6 billion nickel and battery industrial chain project in Indonesia. The project includes nickel mining, battery materials production, recycling, and manufacturing, with a 6.9 GWh battery plant targeting 200,000-300,000 EVs annually. CATL holds 60-70% control over the initiative, leveraging Indonesia's 22% global nickel reserves and government support. The project aims to make Indonesia the largest EV battery hub in ASEAN, creating 8,000 direct and 35,000 indirect jobs.

International Bancshares Corporation (NASDAQ:IBOC) has seen strong stock performance, with a 99% increase in share price over five years and a 13% annual gain. The company's earnings per share (EPS) grew at 18% annually, outpacing share price returns, while its low P/E ratio of 9.40 reflects market caution. Total shareholder returns (TSR) for five years reached 128%, driven by dividends and strong financial fundamentals. The company operates in Texas and Oklahoma, offering commercial and retail banking services.