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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	683.11	681.28	620.05	402.18	359.22	377.58
Interest Income on Investments	185.42	184.7	180.11	123.6	38.89	49.43
Total Interest Income	868.53	865.98	800.16	525.78	398.1	427.01
Interest Paid on Deposits	183.64	178.88	113.5	23.84	15.77	25.59
Interest Paid on Borrowings	30.56	30.38	23.17	14.31	11.07	13.53
Total Interest Expense	214.2	209.26	136.66	38.16	26.83	39.12
Net Interest Income	654.33	656.72	663.5	487.63	371.27	387.89
Net Interest Income Growth (YoY)	-1.15%	-1.02%	36.07%	31.34%	-4.28%	-10.58%
Gain (Loss) on Sale of Investments	10.25	13.13	9.6	17.54	68.79	4.92
Other Non-Interest Income	88.32	90.08	86.41	96.82	87.33	83.68
Total Non-Interest Income	171.68	176.92	169.94	187.13	222.33	150.58
Non-Interest Income Growth (YoY)	-0.08%	4.11%	-9.19%	-15.83%	47.65%	-2.74%
Revenues Before Loan Losses	826.01	833.64	833.44	674.76	593.6	538.47
Provision for Loan Losses	22.15	31.8	34.58	21.65	7.96	45.38
Revenue	803.86	801.84	798.87	653.11	585.64	493.09
Revenue Growth (YoY)	1.14%	0.37%	22.32%	11.52%	18.77%	-13.46%
Salaries and Employee Benefits	148.5	145.73	134.11	127.27	122.97	129.3
Occupancy Expenses	22.51	22.52	21.94	21.82	25.03	28.32
Federal Deposit Insurance	6.94	6.87	6.29	6.99	4.39	1.87
Selling, General & Administrative	70.91	70.33	65.22	57.25	56.4	61.72
Other Non-Interest Expense	46.75	46.37	51.78	57.01	49.45	50.32
Total Non-Interest Expense	297.25	293.12	275.35	270.47	263.32	281.33
EBT Excluding Unusual Items	506.61	508.72	523.51	382.64	322.33	211.76
Pretax Income	506.61	508.72	523.51	382.64	322.33	211.76
Income Tax Expense	97.88	99.55	111.74	82.41	68.41	44.44
Net Income	408.73	409.17	411.77	300.23	253.92	167.32
Net Income to Common	408.73	409.17	411.77	300.23	253.92	167.32
Net Income Growth	0.31%	-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)	0.14%	0.12%	-0.94%	-1.06%	-0.57%	-2.79%
EPS (Basic)	6.57	6.58	6.63	4.79	4.01	2.63
EPS (Diluted)	6.57	6.57	6.62	4.78	4.00	2.62
EPS Growth	0.30%	-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	19.32%	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