•
Jun 30, 2020
IBC Q2 2020 Earnings Report
Reported a decrease in net income and diluted earnings per share compared to the same period in 2019.
Key Takeaways
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.
Net income for the quarter was $41.5 million.
Diluted earnings per share were $0.65.
Total assets reached $13.3 billion.
Total net loans amounted to $7.4 billion.