---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-010470"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T22:00:27.103588+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IBC Q2 net income $92M, EPS $1.45, up 123% YoY; includes $42.8M investment sale gain

## Summary
- Net income Q2 2021 $92.0M ($1.45 diluted EPS) vs $41.5M ($0.65) in Q2 2020, +123.1% EPS.
- Six-month net income $142.8M ($2.25 EPS) vs $76.3M ($1.19) in 2020, +89.1% EPS.
- Quarter included $42.8M net after-tax gain from sale of equity interest in merchant banking investment.
- Credit loss expense decreased ~$20.1M net of tax vs prior year as economic conditions stabilized.
- Total assets $15.3B at June 30, 2021; deposits $11.9B, up from $10.7B at Dec 31, 2020.

## SEC filing metadata
- accession: 0001558370-21-010470
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315709/000155837021010470/0001558370-21-010470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837021010470/iboc-20210805x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-010470
- JSON: https://secwatch.observer/filing/0001558370-21-010470.json
- Plain text: https://secwatch.observer/filing/0001558370-21-010470.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.