---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013140"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:45:27.848549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IBOC reports Q2 2023 net income $100.5M, diluted EPS $1.62, up 76% YoY

## Summary
- Q2 net income $100.5M, diluted EPS $1.62 vs $0.92 YoY (+76%); six-month net income $202.1M, diluted EPS $3.25 vs $1.76 (+85%).
- Net interest income rose from larger investment portfolio, higher Fed funds interest, and loan income due to rate hikes.
- Total assets $14.9B (vs $15.5B Dec 2022); net loans $7.4B; deposits $11.9B (vs $12.7B Dec 2022).
- CEO cites strong capital, liquidity, disciplined expense control, and deposit management for continued success.

## SEC filing metadata
- accession: 0001558370-23-013140
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315709/000155837023013140/0001558370-23-013140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837023013140/iboc-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013140
- JSON: https://secwatch.observer/filing/0001558370-23-013140.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013140.txt

## Key facts
- Earnings Releases
  INTERNATIONAL BANCSHARES CORP reported the three months ended June 30, 2023 results: net income $100.5 million, EPS $1.62 diluted earnings per common share.
  - Period: the three months ended June 30, 2023
  - Net income: $100.5 million
  - EPS: $1.62 diluted earnings per common share
  - Result: reported results
  source text: Net income for the three months ended June 30, 2023 was $100.5 million or $1.62 diluted earnings per common share ( $1.62 per share basic) compared to $58.0 million or $ .92 diluted earnings per common share ($ .92 per share basic), which represents an increase of 73.3% in net income and an increase of 76.1% in diluted earnings per share over the corresponding period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/315709/000155837023013140/0001558370-23-013140-index.htm
- Earnings Releases
  INTERNATIONAL BANCSHARES CORP reported the six months ended June 30, 2023 results: net income $202.1 million, EPS $3.25 diluted earnings per common share.
  - Period: the six months ended June 30, 2023
  - Net income: $202.1 million
  - EPS: $3.25 diluted earnings per common share
  - Result: reported results
  source text: International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the six months ended June 30, 2023 of $ 202.1 million, or $3.25 diluted earnings per common share ( $3.25 per share basic) compared to $111.5 million or $1.76 diluted earnings per common share ( $1.77 per share basic) for the same period of 2022, which represents an increase of 81.3% in net income and an increase of 84.7% in diluted earnings per common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/315709/000155837023013140/0001558370-23-013140-index.htm

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