Texas Regional Bancshares (NASDAQ:TRBS)
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Texas Regional Bancshares, Inc. Declares $0.12 Per Share Dividend
MCALLEN, Texas, June 14 /PRNewswire-FirstCall/ -- Texas Regional Bancshares,
Inc. (NASDAQ:TRBS) ("Texas Regional"), bank holding company for Texas State
Bank, today announced that on June 14, 2005 its Board of Directors declared a
regular quarterly cash dividend of $0.12 per share payable on July 15, 2005 to
common shareholders of record on July 1, 2005. This dividend represents
approximately a $0.04 per share, or 44.1 percent increase over the dividend
paid for the same period in 2004.
Other Information
Texas Regional is a McAllen-based bank holding company whose stock trades on
The Nasdaq Stock Market(R) under the symbol TRBS. Texas State Bank, its
wholly- owned subsidiary, conducts a commercial banking business through 71
banking locations across Texas primarily located in the metropolitan areas of
Beaumont- Port Arthur, Brownsville-Harlingen-San Benito, Corpus Christi,
Dallas, Houston, McAllen-Edinburg-Mission and Tyler.
Texas Regional files annual, quarterly and special reports, proxy and
information statements, and other information with the SEC. Investors may read
and copy any of these reports, statements and other information at the SEC's
public reference room located at 450 Fifth Street, N.W., Washington, D.C.
20549. Investors should call the SEC at 1-800-SEC-0330 for further information
on the public reference room. The reports, statements and other information
filed by Texas Regional with the SEC are also available free at the SEC's web
site at http://www.sec.gov/ . You can also obtain a free copy of these
reports, statements and other information from Texas Regional.
Additional financial, statistical and business-related information, as well as
business trends, is included in a Financial Supplement. This release, the
Financial Supplement and other information are available on Texas Regional's
website at http://www.trbsinc.com/ . The Financial Supplement and other
information available on Texas Regional's website can also be obtained by
calling Janie Moran, Controller, at (956) 632-7735.
Forward-Looking Information
This document, information filed by Texas Regional with the SEC and information
on Texas Regional's website may contain forward-looking information (including
information related to plans, projections or future performance of Texas
Regional and its subsidiaries and planned market opportunities, employment
opportunities and synergies from mergers), the occurrence of which involve
certain risks, uncertainties, assumptions and other factors which could
materially affect future results. If any of these risks or uncertainties
materializes or any of these assumptions prove incorrect, Texas Regional's
results could differ materially from Texas Regional's expectations in these
statements. Texas Regional assumes no obligation and does not intend to update
these forward-looking statements. For further information, please see Texas
Regional's reports filed with the SEC pursuant to the Securities Exchange Act
of 1934, which are available at the SEC's website at http://www.sec.gov/ .
For further information, contact Glen E. Roney, Chief Executive Officer, at
(956) 632-7720 or John A. Martin, Chief Financial Officer, at (956) 632-7613.
DATASOURCE: Texas Regional Bancshares, Inc.
CONTACT: Glen E. Roney, Chief Executive Officer, +1-956-632-7720, or John
A. Martin, Chief Financial Officer, +1-956-632-7613, both of Texas Regional
Bancshares, Inc.
Web site: http://www.trbsinc.com/