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Mar 31, 2022
IBC Q1 2022 Earnings Report
IBC reported strong earnings for Q1 2022.
Key Takeaways
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.
Net income for the first three months of 2022 was $53.5 million.
Diluted earnings per share reached $0.84.
Total assets amounted to $16.1 billion.
Total deposits were $12.8 billion.
Forward Guidance
The company will continue to emphasize expense control strategies and focus on growing non-interest income.
Positive Outlook
- Exceptionally strong capital position
- Significant liquidity
- Strong relationship deposit base
- Responsive management strategies
Challenges Ahead
- Lingering effect of COVID-19 on business and the economy
- Global supply chain issues
- Inflationary pressures
Historical Earnings Impact
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Avg. Return Before/After Earnings
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