---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006501"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:01:20.788314+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# International Bancshares Q1 net income $97.3M ($1.56 EPS), down 4.2% YoY

## Summary
- Net income $97.3M ($1.56 diluted EPS) vs $101.6M ($1.63) in Q1 2023, a 4.2% decrease.
- Net interest income pressured by higher deposit costs; provision for credit losses rose on one impaired credit.
- Total assets $15.4B, net loans $8.0B, deposits $12.0B, all slightly higher than Dec 2023.
- CEO cites strong balance sheet and cost controls; no forward guidance provided.

## SEC filing metadata
- accession: 0001558370-24-006501
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315709/000155837024006501/0001558370-24-006501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837024006501/iboc-20240502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006501
- JSON: https://secwatch.observer/filing/0001558370-24-006501.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006501.txt

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