International Bancshares: Fourth Quarter Earnings Overview

International Bancshares Corp. Announces Fourth Quarter Results

International Bancshares Corp., headquartered in Laredo, Texas, revealed that its net income for the fourth quarter reached $106.9 million.

The company reported earnings of $1.71 per share for the quarter.

Total revenue during this period amounted to $270.1 million, with net revenue after interest expenses coming in at $217.7 million—surpassing analysts’ expectations.

Looking at the full year, International Bancshares Corp. achieved a profit of $412.3 million, or $6.62 per share, with annual revenue totaling $842.2 million.