IBC Continues Stellar Earnings

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May 04, 2023

International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2023 of $101.6 million or $1.63 diluted earnings per common share ($1.64 per share basic) compared to $53.5 million or $.84 diluted earnings per common share ($.84 per share basic), which represents an increase of 94 percent in diluted earnings per share and a 90 percent increase in net income over the corresponding period in 2022.