---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-010562"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:04:51.190642+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IBOC reports Q2 2024 net income $97.0M ($1.56 EPS), down 3.5% YoY

## Summary
- Net income for H1 2024 was $194.3M ($3.12 diluted EPS) vs $202.1M ($3.25) in H1 2023, a 3.9% decrease.
- Q2 2024 net income $97.0M ($1.56 EPS) vs $100.5M ($1.62) in Q2 2023.
- Net interest income positively impacted by higher asset yields; interest expense increased due to higher deposit rates.
- Provision for credit losses increased, driven by a charge-down of an impaired credit after a bankruptcy-related foreclosure.
- Total assets $15.5B at June 30, 2024 vs $15.1B at Dec 31, 2023; deposits $12.0B vs $11.8B.

## SEC filing metadata
- accession: 0001558370-24-010562
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315709/000155837024010562/0001558370-24-010562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837024010562/iboc-20240801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-010562
- JSON: https://secwatch.observer/filing/0001558370-24-010562.json
- Plain text: https://secwatch.observer/filing/0001558370-24-010562.txt

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