IBC Reports Strong Earnings for the Third Quarter of 2024
International Bancshares Corporation (IBOC)
US:NASDAQ Investor Relations:
ibc.com/en-us/investors/pages/default.aspx
Company Research
Source: Business Wire
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended Sept. 30, 2024 of $294.1 million or $4.72 diluted earnings per common share ($4.73 per share basic) compared to $305.4 million or $4.91 diluted earnings per common share ($4.92 per share basic), which represents a decrease of 3.7% in net income and 3.9% in diluted earnings per share over the corresponding period of 2023. Net income for the three months ended Sept. 30, 2024 was $99.8 million or $1.60 diluted earnings per common share ($1.60 per share basic) compared to $103.3 million or $1.66 diluted earnings per common share ($1.66 per share basic), which represents a decrease of 3.6% in diluted earnings per share and a 3.4% decrease in net income over the corresponding period in 2023.Net income for the first nine months of 2024 continues to be positively impacted by an increase in in
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News
- International Bancshares Third Quarter 2024 Earnings: EPS: US$1.60 (vs US$1.65 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital TransformationBusiness Wire
- Institutional owners may ignore International Bancshares Corporation's (NASDAQ:IBOC) recent US$127m market cap decline as longer-term profits stay in the green [Yahoo! Finance]Yahoo! Finance
IBOC
Sec Filings
- 11/14/24 - Form 144
- 11/14/24 - Form 4
- 11/7/24 - Form 10-Q
- IBOC's page on the SEC website