Texas Regional Bancshares, Inc. Declares $0.12 Per Share Dividend
December 13 2005 - 3:00PM
PR Newswire (US)
MCALLEN, Texas, Dec. 13 /PRNewswire-FirstCall/ -- Texas Regional
Bancshares, Inc. (NASDAQ:TRBS) ("Texas Regional"), bank holding
company for Texas State Bank, today announced that on December 13,
2005 its Board of Directors declared a regular quarterly cash
dividend of $0.12 per share payable on January 13, 2006 to common
shareholders of record on December 30, 2005. This dividend
represents approximately a $0.02 per share, or a 20.0 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 73 banking centers 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. 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 at no charge by calling John A.
Martin, Chief Financial Officer, at (956) 631-5400. 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 Texas
Regional's website at http://www.trbsinc.com/ and the SEC's website
at http://www.sec.gov/ . CONTACT: Glen E. Roney, Chief Executive
Officer, or John A. Martin, Chief Financial Officer, at (956)
631-5400, both of Texas Regional. DATASOURCE: Texas Regional
Bancshares, Inc. CONTACT: Glen E. Roney, Chief Executive Officer,
or John A. Martin, Chief Financial Officer, both of Texas Regional
Bancshares, Inc., +1-956-631-5400 Web site: http://www.trbsinc.com/
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