---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014809"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:02:12.985202+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IBC reports Q3 2024 net income $99.8M, diluted EPS $1.60; 9M EPS $4.72, down 3.9% YoY

## Summary
- Q3 net income $99.8M ($1.60 diluted EPS) vs $103.3M ($1.66) in Q3 2023, down 3.4% and 3.6% respectively.
- 9M 2024 net income $294.1M ($4.72 diluted EPS) vs $305.4M ($4.91) in 9M 2023, down 3.7% and 3.9%.
- Net interest income pressured by higher deposit costs; non-interest expenses rose due to inflation and salary costs.
- Total assets $15.9B, net loans $8.4B, deposits $12.1B at Sept 30, 2024 vs Dec 31, 2023.
- CEO Dennis Nixon cites industry-leading results, focus on balance sheet management and cost controls.

## SEC filing metadata
- accession: 0001558370-24-014809
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2024-11-07T23:59:59+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/315709/000155837024014809/0001558370-24-014809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837024014809/iboc-20241107x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014809
- JSON: https://secwatch.observer/filing/0001558370-24-014809.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014809.txt

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