Loading...
•
Dec 31, 2023
IBC Q4 2023 Earnings Report
IBC reported an increase in net income and diluted earnings per share for Q4 2023 compared to the same period in 2022.
Key Takeaways
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.
Net income for Q4 2023 was $106.4 million, up 1.0% from Q4 2022.
Diluted earnings per share for Q4 2023 increased by 1.8% to $1.71.
Annual net income for 2023 increased by 37.2% to $411.8 million.
Annual diluted earnings per share for 2023 increased by 38.5% to $6.62.