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8-K filings in May 2023, explained

17 material Form 8-K filings that 16 companies we cover made with the SEC in May 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

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International Bancshares Q1 net income rises 90% to $101.6 million

Positive earnings Written later 2.02

International Bancshares Corporation reported net income of $101.6 million, or $1.63 per diluted share, for the three months ended March 31, 2023, up from $53.5 million, or $0.84 per diluted share, a year earlier. The company attributed the increase mainly to higher net interest income, including interest on its investment portfolio, funds held at the Federal Reserve Bank, and loans. Total assets and deposits were lower at March 31, 2023 than at December 31, 2022.

  • Net income for Q1 2023 was $101.6 million, up 90% from $53.5 million in Q1 2022
  • Diluted EPS was $1.63, compared with $0.84 a year earlier, an increase of 94%
  • Total assets were $15.1 billion at March 31, 2023, versus $15.5 billion at December 31, 2022
  • Deposits were $12.3 billion at March 31, 2023, versus $12.7 billion at December 31, 2022
Read the filing on SEC.gov ↗
CWCURTISS WRIGHT CORP May 4, 7:30 AM ET

Curtiss-Wright Q1 sales rise 13% to $631 million; full-year 2023 guidance reaffirmed

Positive earnings Written later 2.02

Curtiss-Wright reported first quarter 2023 sales of $631 million, up 13% from a year earlier, and reported diluted earnings per share of $1.48 versus $1.05. The company maintained its full-year 2023 adjusted guidance, including adjusted diluted EPS of $8.65 to $8.90, which signals that management expects its growth to continue.

  • Sales of $631 million, up 13%; new orders of $718 million, up 13%
  • Reported diluted EPS of $1.48 vs. $1.05; adjusted diluted EPS of $1.53, up 17%
  • Full-year 2023 guidance maintained: adjusted sales of $2,655 million to $2,710 million and adjusted diluted EPS of $8.65 to $8.90
  • Reported free cash flow was negative $102 million, compared with negative $135 million a year earlier
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.