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

International Bancshares: 2024 Net Income Down 0.6%, Fourth-Quarter Up 8.2%

Mixed Impact 3 of 5 earnings Written later

International Bancshares Corporation reported 2024 net income of $409.2 million, or $6.57 per diluted share, down from $411.8 million, or $6.62 per diluted share, in 2023. For the fourth quarter, net income rose to $115.1 million, or $1.85 per diluted share, from $106.4 million, or $1.71 per diluted share, a year earlier. Shareholders see a slight annual decline offset by stronger fourth-quarter results.

Key points

  • Full-year 2024 net income was $409.2 million, down about 0.6% from $411.8 million in 2023.
  • Full-year 2024 diluted EPS was $6.57, down about 0.8% from $6.62.
  • Fourth-quarter 2024 net income was $115.1 million, up about 8.2% from $106.4 million; diluted EPS was $1.85, up 8.1% from $1.71.
  • Total assets were about $15.7 billion at December 31, 2024, versus $15.1 billion a year earlier.

The filing

CompanyIntl Bancshares (IBOC)
Form8-K, current report
Filed with the SECFeb 27, 2025, 1:31 PM ET
Accession number0001558370-25-001760

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing 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 27, 2025.

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.