IBC Q4 2024 Earnings Report
Key Takeaways
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.
Net income for Q4 2024 increased by 8.2% compared to Q4 2023.
Diluted earnings per share for Q4 2024 increased by 8.1% compared to Q4 2023.
Total assets reached $15.7 billion at the end of 2024.
Total net loans amounted to $8.7 billion at the end of 2024.
IBC
IBC
Forward Guidance
As IBC moves into 2025, the company will remain focused and vigilant on delivering superior customer service, continued execution of its long-standing practices of balance sheet, asset, liability and liquidity management, strong cost controls and evaluating processes for efficiencies across its organization.