secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BANCSHARES CORP (IBOC)
CIK:        0000315709
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001558370-23-017368
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBC Q3 net income $103.3M, diluted EPS $1.66, up 23.9% YoY
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- Nine-month net income $305.4M ($4.91 diluted EPS) vs $194.8M ($3.09) in 2022, a 56.8% increase.
- Q3 net income $103.3M vs $83.4M; diluted EPS $1.66 vs $1.34, driven by higher net interest income.
- Total assets $14.9B at Sep 30, 2023; net loans $7.7B (up from $7.3B Dec 2022); deposits $11.9B.
- CEO cites Fed rate hikes, cost control, and strong liquidity as key to results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315709/000155837023017368/0001558370-23-017368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315709/000155837023017368/iboc-20231102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-017368

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer