AI brief of an SEC Form 8-K · Intl Bancshares (IBOC)

International Bancshares 2023 net income rises 37.2% to $411.8 million

Mixed Impact 3 of 5 earnings Written later

International Bancshares reported 2023 net income of $411.8 million, or $6.62 per diluted share, up from $300.2 million, or $4.78 per diluted share, in 2022. Fourth-quarter net income was $106.4 million, up 1.0% from $105.4 million a year earlier, while total deposits and total assets declined over the year.

Key points

  • Full-year 2023 net income was $411.8 million, up 37.2% from $300.2 million in 2022
  • Diluted earnings per share were $6.62 for 2023, compared with $4.78 in 2022, an increase of 38.5%
  • Fourth-quarter 2023 net income was $106.4 million, compared with $105.4 million for the same period in 2022
  • Deposits were $11.8 billion at December 31, 2023, down from $12.7 billion; total assets were $15.1 billion, down from $15.5 billion

The filing

CompanyIntl Bancshares (IBOC)
Form8-K, current report
Filed with the SECFeb 26, 2024, 1:29 PM ET
Accession number0001558370-24-001677

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2024.

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