IBC Earnings Reports

International Bancshares Corporation reported a net income of $115.1 million, or $1.85 diluted earnings per share, for the three months ended December 31, 2024. This represents an increase of 8.2 percent in net income and an 8.1 percent increase in diluted earnings per share compared to the same period in 2023. Total assets reached $15.7 billion, with net loans at $8.7 billion and deposits at $12.1 billion.

International Bancshares Corporation reported a decrease in net income for the third quarter of 2024 compared to the same period in 2023. The decrease was attributed to increased interest expenses and non-interest expenses. The company remains focused on customer service, balance sheet management, and cost controls.

International Bancshares Corporation reported a net income of $97.0 million, a decrease of 3.5% compared to the same period last year. Diluted earnings per share decreased by 3.7% to $1.56. The results were supported by increased interest income, but negatively impacted by higher interest expenses on deposits and an increase in provision for credit losses.

International Bancshares Corporation reported a net income of $97.3 million for Q1 2024, a decrease of 4.2% compared to Q1 2023. The results were positively impacted by increased interest income from investment and loan portfolios, but negatively impacted by increased provision for credit losses.

International Bancshares Corporation reported a net income of $106.4 million, or $1.71 diluted earnings per common share for the three months ended December 31, 2023. This represents a 1.0% increase in net income and a 1.8% increase in diluted earnings per share compared to the same period in 2022.

International Bancshares Corporation reported a net income of $103.3 million, or $1.66 diluted earnings per common share, for the three months ended September 30, 2023. This represents an increase of 23.9% in net income and diluted earnings per share compared to the corresponding period in 2022.

International Bancshares Corporation reported a strong financial performance for the second quarter of 2023, with a significant increase in net income and diluted earnings per share compared to the same period in the previous year.

International Bancshares Corporation reported a net income of $101.6 million for the three months ended March 31, 2023, a 90 percent increase compared to the same period in 2022. Diluted earnings per share increased by 94 percent to $1.63. The increase in net income was positively impacted by an increase in net interest income.

International Bancshares Corporation reported a significant increase in net income for the three months ended December 31, 2022, with net income reaching $105.4 million, an 86.5% increase compared to the same period in 2021. Diluted earnings per share also saw a substantial rise of 89.9%. The increase in net income was positively impacted by an increase in net interest income.

International Bancshares Corporation reported a strong increase in net income for the three months ended September 30, 2022, with net income reaching $83.4 million, a 52.7% increase compared to the same period in 2021. Diluted earnings per share also increased by 55.8% to $1.34. The positive results were attributed to an increase in net interest income, driven by growth in the investment securities portfolio, interest earned on funds held at the Federal Reserve Bank, and increased loan interest income.

International Bancshares Corporation reported a decrease in net income for the second quarter of 2022 compared to the same period in 2021. The decrease is attributed to a non-recurring transaction in 2021. Total assets and deposits increased, while total net loans decreased.

International Bancshares Corporation reported a net income of $53.5 million, representing a 5.3% increase compared to the same period in 2021. Diluted earnings per share increased by 5.0% to $0.84.

International Bancshares Corporation reported a net income of $56.5 million, or $0.89 diluted earnings per common share, for the three months ended December 31, 2021, compared to $48.2 million, or $0.76 diluted earnings per common share, for the same period in 2020.

International Bancshares Corporation reported a strong increase in net income for the three months ended September 30, 2021. Net income was $54.6 million, representing a 27.9% increase compared to the same period in 2020. Diluted earnings per share also increased by 28.4%.

International Bancshares Corporation reported a substantial increase in net income for the quarter ended June 30, 2021, driven by the sale of an equity interest and a reduction in credit loss expenses. The company remains confident in its capital position and is committed to making prudent decisions to protect its future.

International Bancshares Corporation reported a strong first quarter with a net income of $50.8 million, representing an increase of 46.0% compared to the same period in 2020. The diluted earnings per share increased by approximately 50.9%. The results were positively impacted by a decrease in credit loss expense due to stabilizing economic conditions.

International Bancshares Corporation reported a decrease in net income for Q4 2020, with net income at $48.2 million and diluted earnings per share at $0.76, compared to $51.7 million and $0.78 respectively for the same period in 2019.

International Bancshares Corporation reported a net income of $42.7 million for the three months ended September 30, 2020, a decrease of 16.9% compared to the same period in 2019. Diluted earnings per share were reported at $0.67, down 14.1% from $0.78 in 2019. The results were impacted by the economic downturn due to COVID-19 and low market rates.

International Bancshares Corporation reported a net income of $41.5 million, with diluted earnings per share of $0.65 for the three months ended June 30, 2020. This represents a decrease compared to the net income of $50.0 million and diluted earnings per share of $0.76 for the same period in 2019.

International Bancshares Corporation reported a net income of $34.8 million, or $0.53 diluted earnings per common share, for the three months ended March 31, 2020. This represents a decrease of 32.9 percent compared to the same period in 2019. The decrease was primarily due to an increase in the provision for credit losses arising from economic changes related to COVID-19 and the impact of those changes on the allowance for credit loss calculation, as well as the Federal Reserve Board's action to decrease interest rates.

International Bancshares Corporation reported net income of $51.7 million, or $0.78 diluted earnings per share, for the three months ended December 31, 2019. This represents a decrease compared to the $58.5 million, or $0.88 diluted earnings per share, for the same period in 2018.