IBOC Q4 net income rises 8.2% YoY to $115.1M; full-year EPS $6.57, down 0.8%

INTERNATIONAL BANCSHARES CORP

2024-FY EPS reported $6.57

Full year 2024 net income $409.2M ($6.57 diluted EPS) vs $411.8M ($6.62) in 2023.
Q4 2024 net income $115.1M ($1.85 diluted EPS) vs $106.4M ($1.71) in Q4 2023.
Total assets $15.7B at Dec 31, 2024, up from $15.1B; net loans $8.7B vs $7.9B.
Deposits increased to $12.1B from $11.8B year-over-year.
CEO cites higher interest income from loan and investment portfolios as key driver.

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