Texas Regional Bancshares, Inc. Declares $0.14 Per Share Dividend
13 June 2006 - 10:00PM
PR Newswire (US)
MCALLEN, Texas, June 13 /PRNewswire-FirstCall/ -- Texas Regional
Bancshares, Inc. (NASDAQ:TRBS) (Texas Regional), bank holding
company for Texas State Bank, today announced that on June 11, 2006
its Board of Directors declared a regular quarterly cash dividend
of $0.14 per common share payable on July 14, 2006 to common
shareholders of record on June 30, 2006. This dividend represents
approximately a $0.031 per share, or a 28.4 percent increase over
the dividend paid for the same period in 2005. OTHER INFORMATION As
previously announced, Texas Regional has signed a definitive merger
agreement with Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). Texas
Regional will file the definitive agreement, a proxy statement and
other relevant documents concerning the proposed merger transaction
with the Securities and Exchange Commission (SEC). Investors are
urged to read the definitive agreement, the proxy statement and all
other relevant documents filed with the SEC when they become
available because they will contain important information
concerning the transaction. You will be able to obtain the
documents free of charge at the website maintained by the SEC at
http://www.sec.gov/ . In addition, you may obtain documents filed
with the SEC by Texas Regional free of charge by contacting John A.
Martin, Chief Financial Officer, Texas Regional Bancshares, Inc.,
3900 North Tenth Street, Eleventh Floor, McAllen, Texas 78501,
(956) 631-5400. 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 over 70 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 quarterly 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
release, the financial supplement, 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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