INTERNATIONAL BANCSHARES COR

Ticker: IBOC CUSIP: 459044103 Class: Common Stock

Arizona State Retirement System's Holding History (CIK: 0001558481)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 15,627 Value ($000) $1,038 Avg Close $67.01 Range $62.56 - $72.92

Q3 2025

Shares 16,497 Value ($000) $1,134 Avg Close $68.84 Range $64.80 - $72.84

Q2 2025

Shares 16,321 Value ($000) $1,086 Avg Close $61.16 Range $53.03 - $65.91

Q1 2025

Shares 16,041 Value ($000) $1,012 Avg Close $63.01 Range $59.03 - $66.45

Q4 2024

Shares 16,228 Value ($000) $1,025 Avg Close $64.31 Range $55.02 - $74.57

Q3 2024

Shares 16,114 Value ($000) $963 Avg Close $59.23 Range $53.39 - $66.98

Q2 2024

Shares 15,663 Value ($000) $896 Avg Close $53.95 Range $49.66 - $58.92

Q1 2024

Shares 15,350 Value ($000) $862 Avg Close $50.58 Range $46.83 - $54.17

Q4 2023

Shares 15,611 Value ($000) $848 Avg Close $43.92 Range $39.99 - $51.79

Q3 2023

Shares 15,917 Value ($000) $690 Avg Close $43.02 Range $39.71 - $46.69

Q2 2023

Shares 15,710 Value ($000) $694 Avg Close $40.61 Range $36.51 - $45.70

Q1 2023

Shares 16,198 Value ($000) $694 Avg Close $42.17 Range $38.10 - $46.22

Q4 2022

Shares 15,807 Value ($000) $723 Avg Close $44.35 Range $39.22 - $49.48

Q3 2022

Shares 15,450 Value ($000) $657 Avg Close $39.04 Range $35.07 - $42.40

Q2 2022

Shares 15,457 Value ($000) $620 Avg Close $37.07 Range $34.54 - $40.02

Q1 2022

Shares 14,560 Value ($000) $615 Avg Close $38.77 Range $35.38 - $41.22

Q4 2021

Shares 14,498 Value ($000) $615 Avg Close $38.47 Range $35.19 - $41.83

Q3 2021

Shares 14,670 Value ($000) $611 Avg Close $36.31 Range $33.32 - $38.77

Q2 2021

Shares 14,625 Value ($000) $628 Avg Close $41.25 Range $37.87 - $44.53

Q1 2021

Shares 15,657 Value ($000) $727 Avg Close $38.61 Range $31.29 - $46.88

Q4 2020

Shares 15,596 Value ($000) $584 Avg Close $27.63 Range $22.16 - $33.74

Q3 2020

Shares 16,227 Value ($000) $423 Avg Close $26.17 Range $21.96 - $30.42

Q2 2020

Shares 12,508 Value ($000) $401 Avg Close $24.58 Range $19.95 - $30.10

Q1 2020

Shares 13,010 Value ($000) $350 Avg Close $29.96 Range $13.05 - $36.48

Q4 2019

Shares 32,534 Value ($000) $1,401 Avg Close $34.68 Range $30.60 - $36.82

Q3 2019

Shares 36,010 Value ($000) $1,391 Avg Close $30.22 Range $26.43 - $33.42

Q2 2019

Shares 39,545 Value ($000) $1,491 Avg Close $32.36 Range $29.50 - $34.78

Q1 2019

Shares 39,108 Value ($000) $1,487 Avg Close $30.80 Range $27.41 - $33.72

Q4 2018

Shares 39,410 Value ($000) $1,356 Avg Close $31.32 Range $26.51 - $36.99

Q3 2018

Shares 38,977 Value ($000) $1,754 Avg Close $36.82 Range $34.24 - $38.67

Q2 2018

Shares 37,638 Value ($000) $1,611 Avg Close $33.86 Range $29.56 - $36.29

Q1 2018

Shares 36,699 Value ($000) $1,428 Avg Close $32.45 Range $30.23 - $33.95

Q4 2017

Shares 38,999 Value ($000) $1,548 Avg Close $32.26 Range $30.03 - $34.31

Q3 2017

Shares 30,683 Value ($000) $1,230 Avg Close $28.69 Range $26.85 - $32.83

Q2 2017

Shares 24,500 Value ($000) $859 Avg Close $27.94 Range $25.78 - $30.74

Q1 2017

Shares 24,200 Value ($000) $857 Avg Close $29.59 Range $26.24 - $32.87

Q4 2016

Shares 24,143 Value ($000) $985 Avg Close $28.04 Range $23.03 - $33.20

Q3 2016

Shares 22,643 Value ($000) $674 Avg Close $22.09 Range $19.30 - $23.67

Q2 2016

Shares 21,643 Value ($000) $565 Avg Close $20.39 Range $17.85 - $22.11

Q1 2016

Shares 26,343 Value ($000) $650 Avg Close $17.97 Range $16.18 - $19.82

Q4 2015

Shares 26,443 Value ($000) $680 Avg Close $21.08 Range $18.37 - $23.82

Q3 2015

Shares 25,233 Value ($000) $632 Avg Close $19.88 Range $18.24 - $21.24

Q4 2014

Shares 39,380 Value ($000) $1,045 Avg Close $19.33 Range $17.42 - $21.39

Q3 2014

Shares 37,580 Value ($000) $926 Avg Close $19.37 Range $17.55 - $20.80

Q2 2014

Shares 37,480 Value ($000) $1,011 Avg Close $18.15 Range $16.52 - $20.08

Q1 2014

Shares 37,880 Value ($000) $950 Avg Close $17.78 Range $15.56 - $19.53

Q4 2013

Shares 41,580 Value ($000) $1,097 Avg Close $17.87 Range $15.69 - $20.00

Q3 2013

Shares 44,380 Value ($000) $959 Avg Close $17.03 Range $15.17 - $18.81

Q2 2013

Shares 41,280 Value ($000) $932 Avg Close $14.96 Range $13.06 - $16.68

Q1 2013

Shares 43,780 Value ($000) $910 Avg Close $14.39 Range $13.16 - $15.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	15,627	$1,038	$67.01	$62.56 - $72.92
Q3 2025	16,497	$1,134	$68.84	$64.80 - $72.84
Q2 2025	16,321	$1,086	$61.16	$53.03 - $65.91
Q1 2025	16,041	$1,012	$63.01	$59.03 - $66.45
Q4 2024	16,228	$1,025	$64.31	$55.02 - $74.57
Q3 2024	16,114	$963	$59.23	$53.39 - $66.98
Q2 2024	15,663	$896	$53.95	$49.66 - $58.92
Q1 2024	15,350	$862	$50.58	$46.83 - $54.17
Q4 2023	15,611	$848	$43.92	$39.99 - $51.79
Q3 2023	15,917	$690	$43.02	$39.71 - $46.69
Q2 2023	15,710	$694	$40.61	$36.51 - $45.70
Q1 2023	16,198	$694	$42.17	$38.10 - $46.22
Q4 2022	15,807	$723	$44.35	$39.22 - $49.48
Q3 2022	15,450	$657	$39.04	$35.07 - $42.40
Q2 2022	15,457	$620	$37.07	$34.54 - $40.02
Q1 2022	14,560	$615	$38.77	$35.38 - $41.22
Q4 2021	14,498	$615	$38.47	$35.19 - $41.83
Q3 2021	14,670	$611	$36.31	$33.32 - $38.77
Q2 2021	14,625	$628	$41.25	$37.87 - $44.53
Q1 2021	15,657	$727	$38.61	$31.29 - $46.88
Q4 2020	15,596	$584	$27.63	$22.16 - $33.74
Q3 2020	16,227	$423	$26.17	$21.96 - $30.42
Q2 2020	12,508	$401	$24.58	$19.95 - $30.10
Q1 2020	13,010	$350	$29.96	$13.05 - $36.48
Q4 2019	32,534	$1,401	$34.68	$30.60 - $36.82
Q3 2019	36,010	$1,391	$30.22	$26.43 - $33.42
Q2 2019	39,545	$1,491	$32.36	$29.50 - $34.78
Q1 2019	39,108	$1,487	$30.80	$27.41 - $33.72
Q4 2018	39,410	$1,356	$31.32	$26.51 - $36.99
Q3 2018	38,977	$1,754	$36.82	$34.24 - $38.67
Q2 2018	37,638	$1,611	$33.86	$29.56 - $36.29
Q1 2018	36,699	$1,428	$32.45	$30.23 - $33.95
Q4 2017	38,999	$1,548	$32.26	$30.03 - $34.31
Q3 2017	30,683	$1,230	$28.69	$26.85 - $32.83
Q2 2017	24,500	$859	$27.94	$25.78 - $30.74
Q1 2017	24,200	$857	$29.59	$26.24 - $32.87
Q4 2016	24,143	$985	$28.04	$23.03 - $33.20
Q3 2016	22,643	$674	$22.09	$19.30 - $23.67
Q2 2016	21,643	$565	$20.39	$17.85 - $22.11
Q1 2016	26,343	$650	$17.97	$16.18 - $19.82
Q4 2015	26,443	$680	$21.08	$18.37 - $23.82
Q3 2015	25,233	$632	$19.88	$18.24 - $21.24
Q4 2014	39,380	$1,045	$19.33	$17.42 - $21.39
Q3 2014	37,580	$926	$19.37	$17.55 - $20.80
Q2 2014	37,480	$1,011	$18.15	$16.52 - $20.08
Q1 2014	37,880	$950	$17.78	$15.56 - $19.53
Q4 2013	41,580	$1,097	$17.87	$15.69 - $20.00
Q3 2013	44,380	$959	$17.03	$15.17 - $18.81
Q2 2013	41,280	$932	$14.96	$13.06 - $16.68
Q1 2013	43,780	$910	$14.39	$13.16 - $15.26