International Bancshares Corporation (IBOC)

International Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	688.73	681.28	620.05	402.18	359.22	377.58
Interest Income on Investments	185.1	184.7	180.11	123.6	38.89	49.43
Total Interest Income	873.83	865.98	800.16	525.78	398.1	427.01
Interest Paid on Deposits	186.03	178.88	113.5	23.84	15.77	25.59
Interest Paid on Borrowings	30.21	30.38	23.17	14.31	11.07	13.53
Total Interest Expense	216.23	209.26	136.66	38.16	26.83	39.12
Net Interest Income	657.6	656.72	663.5	487.63	371.27	387.89
Net Interest Income Growth (YoY)	-0.32%	-1.02%	36.07%	31.34%	-4.28%	-10.58%
Gain (Loss) on Sale of Investments	7.55	13.13	9.6	17.54	68.79	4.92
Other Non-Interest Income	88.27	90.08	86.41	96.82	87.33	83.68
Total Non-Interest Income	168.83	176.92	169.94	187.13	222.33	150.58
Non-Interest Income Growth (YoY)	-4.96%	4.11%	-9.19%	-15.83%	47.65%	-2.74%
Revenues Before Loan Losses	826.42	833.64	833.44	674.76	593.6	538.47
Provision for Loan Losses	17.78	31.8	34.58	21.65	7.96	45.38
Revenue	808.64	801.84	798.87	653.11	585.64	493.09
Revenue Growth (YoY)	1.28%	0.37%	22.32%	11.52%	18.77%	-13.46%
Salaries and Employee Benefits	151.15	145.73	134.11	127.27	122.97	129.3
Occupancy Expenses	22.28	22.52	21.94	21.82	25.03	28.32
Federal Deposit Insurance	7	6.87	6.29	6.99	4.39	1.87
Selling, General & Administrative	71.67	70.33	65.22	57.25	56.4	61.72
Other Non-Interest Expense	46.5	46.37	51.78	57.01	49.45	50.32
Total Non-Interest Expense	300.94	293.12	275.35	270.47	263.32	281.33
EBT Excluding Unusual Items	507.7	508.72	523.51	382.64	322.33	211.76
Pretax Income	507.7	508.72	523.51	382.64	322.33	211.76
Income Tax Expense	95.81	99.55	111.74	82.41	68.41	44.44
Net Income	411.89	409.17	411.77	300.23	253.92	167.32
Net Income to Common	411.89	409.17	411.77	300.23	253.92	167.32
Net Income Growth	1.97%	-0.63%	37.15%	18.24%	51.76%	-18.42%
Basic Shares Outstanding	62	62	62	63	63	64
Diluted Shares Outstanding	62	62	62	63	63	64
Shares Change (YoY)	0.08%	0.12%	-0.94%	-1.06%	-0.57%	-2.79%
EPS (Basic)	6.62	6.58	6.63	4.79	4.01	2.63
EPS (Diluted)	6.61	6.57	6.62	4.78	4.00	2.62
EPS Growth	1.85%	-0.76%	38.49%	19.50%	52.67%	-16.03%
Dividend Per Share	1.360	1.320	1.260	1.200	1.150	1.100
Dividend Growth	5.43%	4.76%	5.00%	4.35%	4.54%	4.76%
Effective Tax Rate	18.87%	19.57%	21.34%	21.54%	21.22%	20.99%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q