Every material Form 8-K Intl Bancshares filed with the SEC in 2023, 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). Newest first; each brief links to its own page and to the filing on SEC.gov.
International Bancshares reported net income of $305.4 million, or $4.91 per diluted share, for the nine months ended September 30, 2023, up from $194.8 million, or $3.09 per diluted share, a year earlier. Third-quarter net income rose 23.9% to $103.3 million, or $1.66 per diluted share, with the company citing higher net interest income tied to rising interest rates and its investment portfolio.
Nine-month net income of $305.4 million, up 56.8% from $194.8 million in 2022
Nine-month diluted EPS of $4.91, up 58.9% from $3.09
Third-quarter net income of $103.3 million, or $1.66 per diluted share, up 23.9% from $83.4 million
Total assets were $14.9 billion at September 30, 2023, down from $15.5 billion at December 31, 2022; deposits fell to $11.9 billion from $12.7 billion
International Bancshares reported net income of $202.1 million, or $3.25 diluted earnings per share, for the six months ended June 30, 2023, up 81.3% from $111.5 million, or $1.76 per share, a year earlier. The company attributed the gain mainly to higher net interest income, tied to its investment portfolio, interest earned at the Federal Reserve Bank and loan interest income. Total deposits and total assets declined from December 31, 2022, which shareholders may weigh alongside the earnings increase.
Six-month net income was $202.1 million, or $3.25 diluted EPS, versus $111.5 million, or $1.76, in the same period of 2022
Deposits were $11.9 billion at June 30, 2023, down from $12.7 billion at December 31, 2022
Total assets were $14.9 billion at June 30, 2023, down from $15.5 billion at December 31, 2022
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
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Intl Bancshares filing is on SEC EDGAR ↗. 8-K briefs of other companies →