International Bancshares (IBOC) Financials

$71.54 -0.19 (-0.26%)

Closing price 08/29/2025 04:00 PM Eastern

Extended Trading

$71.59 +0.05 (+0.07%)

As of 08/29/2025 04:20 PM Eastern

Annual Income Statements for International Bancshares

This table shows International Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	137	134	157	216	205	167	254	300	412	409
Consolidated Net Income / (Loss)	137	134	157	216	205	167	254	300	412	409
Net Income / (Loss) Continuing Operations	137	134	157	216	205	167	254	300	412	409
Total Pre-Tax Income	207	197	222	273	260	212	322	383	524	509
Total Revenue	508	506	527	578	589	538	594	675	833	834
Net Interest Income / (Expense)	352	345	376	413	434	388	371	488	664	657
Total Interest Income	397	388	415	466	492	427	398	526	800	866
Loans and Leases Interest Income	297	298	323	375	414	378	359	402	620	681
Investment Securities Interest Income	99	90	92	90	77	49	36	78	138	160
Other Interest Income	0.14	0.21	0.63	1.02	1.42	0.90	3.07	46	42	25
Total Interest Expense	44	43	39	53	59	39	27	38	137	209
Deposits Interest Expense	15	15	16	26	37	26	16	24	113	179
Long-Term Debt Interest Expense	5.71	7.73	16	24	19	13	10	12	8.12	7.76
Federal Funds Purchased and Securities Sold Interest Expense	24	21	6.62	2.42	2.43	0.93	0.62	2.50	15	22
Total Non-Interest Income	156	162	150	165	155	151	222	187	170	177
Service Charges on Deposit Accounts	-	-	-	72	-	0.00	-	137	141	143
Other Service Charges	159	164	155	93	155	151	222	51	28	34
Other Non-Interest Income	-	-2.63	-4.77	-0.14	-0.01	-0.01	-0.02	-	-	-0.00
Provision for Credit Losses	24	20	11	6.11	19	45	7.96	22	35	32
Total Non-Interest Expense	277	290	294	300	310	281	263	270	275	293
Salaries and Employee Benefits	125	129	133	139	146	130	123	128	134	146
Net Occupancy & Equipment Expense	39	42	48	47	48	44	44	41	46	48
Marketing Expense	7.59	7.81	7.85	7.70	7.75	4.28	4.04	4.59	5.01	6.29
Property & Liability Insurance Claims	5.94	5.78	3.29	3.74	1.42	1.87	4.39	6.99	6.29	6.87
Other Operating Expenses	72	80	77	77	78	73	62	68	62	63
Depreciation Expense	25	25	25	26	28	28	25	22	22	23
Income Tax Expense	70	63	64	57	55	44	68	82	112	100
Basic Earnings per Share	$2.06	$2.03	$2.38	$3.27	$3.13	$2.63	$4.01	$4.79	$6.63	$6.58
Weighted Average Basic Shares Outstanding	66.41M	65.97M	66.05M	66.11M	65.48M	63.73M	63.35M	62.66M	62.08M	62.18M
Diluted Earnings per Share	$2.05	$2.02	$2.36	$3.24	$3.12	$2.62	$4.00	$4.78	$6.62	$6.57
Weighted Average Diluted Shares Outstanding	66.64M	66.31M	66.78M	66.63M	65.69M	63.85M	63.49M	62.81M	62.22M	62.30M
Weighted Average Basic & Diluted Shares Outstanding	66.40M	66M	66.10M	66M	65.50M	63.30M	63.38M	62.14M	62.17M	62.22M
Cash Dividends to Common per Share	$0.58	$0.60	$0.66	$0.75	$1.05	$1.10	$1.15	$1.20	$1.26	$1.32

This table shows International Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	83	105	102	100	103	106	97	97	100	115	97
Consolidated Net Income / (Loss)	83	105	102	100	103	106	97	97	100	115	97
Net Income / (Loss) Continuing Operations	83	105	102	100	103	106	97	97	100	115	97
Total Pre-Tax Income	106	135	129	128	131	136	123	125	127	134	121
Total Revenue	190	205	206	204	213	211	206	208	212	208	198
Net Interest Income / (Expense)	135	159	165	166	167	165	164	164	168	161	161
Total Interest Income	145	175	188	198	204	210	212	216	223	216	215
Loans and Leases Interest Income	105	128	142	153	159	166	168	168	176	169	170
Investment Securities Interest Income	21	25	31	34	36	37	38	39	42	42	42
Other Interest Income	19	21	14	11	9.48	6.25	5.95	8.63	5.49	5.00	2.02
Total Interest Expense	9.87	15	23	32	37	45	48	51	55	55	53
Deposits Interest Expense	5.85	11	19	26	31	38	41	44	46	47	46
Long-Term Debt Interest Expense	3.35	3.00	2.30	1.90	1.98	1.95	2.05	1.97	1.99	1.75	3.17
Federal Funds Purchased and Securities Sold Interest Expense	0.67	1.41	2.14	3.30	4.14	5.18	5.24	5.32	6.17	5.61	4.30
Total Non-Interest Income	55	46	40	38	45	46	42	44	44	47	37
Other Service Charges	55	-91	40	2.58	9.39	-24	42	7.82	8.04	-24	37
Provision for Credit Losses	8.53	7.91	8.59	8.82	10	6.70	13	8.77	8.60	1.45	3.33
Total Non-Interest Expense	75	62	68	68	71	69	70	74	76	73	74
Salaries and Employee Benefits	34	31	33	33	35	34	36	36	38	37	39
Net Occupancy & Equipment Expense	12	8.01	11	11	11	12	11	12	13	12	12
Marketing Expense	1.48	0.22	1.26	1.29	1.36	1.10	1.82	1.46	1.40	1.61	1.72
Property & Liability Insurance Claims	2.03	1.93	4.14	1.69	1.74	-1.29	1.70	1.70	1.73	1.74	1.77
Other Operating Expenses	20	16	13	15	16	17	14	17	17	15	14
Depreciation Expense	5.43	5.47	5.47	5.41	5.49	5.58	5.63	5.72	5.59	5.59	5.61
Income Tax Expense	23	29	27	27	28	29	26	28	27	19	24
Basic Earnings per Share	$1.34	$1.69	$1.64	$1.62	$1.66	$1.71	$1.57	$1.56	$1.60	$1.85	$1.56
Weighted Average Basic Shares Outstanding	62.23M	62.66M	62.14M	62.07M	62.05M	62.08M	62.15M	62.18M	62.19M	62.18M	62.21M
Diluted Earnings per Share	$1.34	$1.68	$1.63	$1.62	$1.66	$1.71	$1.56	$1.56	$1.60	$1.85	$1.56
Weighted Average Diluted Shares Outstanding	62.37M	62.81M	62.28M	62.21M	62.20M	62.22M	62.27M	62.29M	62.31M	62.30M	62.30M
Weighted Average Basic & Diluted Shares Outstanding	-	62.14M	62.11M	62.05M	62.06M	62.17M	62.18M	62.19M	62.20M	62.22M	62.14M
Cash Dividends to Common per Share	$0.60	-	$0.63	-	$0.63	-	$0.66	-	$0.66	-	$0.70

This table details how cash moves in and out of International Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	18	-3.86	-3.84	51	-60	1,740	1,212	-1,122	-1,437	-298
Net Cash From Operating Activities	204	203	197	230	312	305	292	388	474	474
Net Cash From Continuing Operating Activities	204	203	197	230	312	305	292	388	474	474
Net Income / (Loss) Continuing Operations	137	134	157	216	205	167	254	300	412	409
Consolidated Net Income / (Loss)	137	134	157	216	205	167	254	300	412	409
Provision For Loan Losses	24	20	11	6.11	19	45	7.96	22	35	32
Depreciation Expense	25	25	25	26	28	28	25	22	22	23
Amortization Expense	29	27	24	20	21	39	36	14	6.90	5.55
Non-Cash Adjustments to Reconcile Net Income	-7.42	-1.50	-3.38	-14	-1.58	-2.30	-59	-9.47	15	-21
Changes in Operating Assets and Liabilities, net	-3.71	-0.81	-18	-24	40	27	27	40	-16	26
Net Cash From Investing Activities	373	-138	-404	379	-318	-344	-916	-992	-1,067	-985
Net Cash From Continuing Investing Activities	373	-138	-404	379	-318	-344	-916	-992	-1,067	-985
Purchase of Property, Leasehold Improvements and Equipment	-20	-39	-14	-21	-30	-6.73	-10	-19	-27	-14
Purchase of Investment Securities	-667	-1,413	-1,602	-349	-1,322	-2,511	-2,608	-1,763	-1,743	-1,845
Sale of Property, Leasehold Improvements and Equipment	4.52	3.70	2.20	4.53	1.86	0.90	11	13	0.27	0.87
Sale and/or Maturity of Investments	1,055	1,311	1,211	745	1,031	2,174	1,691	777	703	873
Net Cash From Financing Activities	-559	-69	203	-558	-53	1,779	1,836	-517	-844	213
Net Cash From Continuing Financing Activities	-559	-69	203	-558	-53	1,779	1,836	-517	-844	213
Net Change in Deposits	98	74	-65	152	129	1,896	1,896	42	-835	287
Issuance of Debt	-	228	462	-	-	-	-	-425	-0.20	-0.20
Issuance of Common Equity	1.37	0.55	1.46	1.52	1.92	0.54	2.41	1.54	1.17	3.76
Repayment of Debt	-582	-1.00	-	-490	-105	-190	-0.19	0.00	-26	0.00
Repurchase of Common Equity	-6.68	-7.97	-0.19	-48	-18	-49	-0.72	-52	-4.61	-0.96
Payment of Dividends	-39	-40	-44	-50	-69	-70	-73	-75	-78	-82
Other Financing Activities, Net	-31	-323	-151	-124	6.55	192	12	-8.48	99	4.91
Cash Interest Paid	45	44	39	51	57	42	29	36	118	202
Cash Income Taxes Paid	65	50	67	41	44	35	47	22	70	51

This table details how cash moves in and out of International Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-173	-1,156	-893	-170	-327	-48	258	-117	-12	-427	237
Net Cash From Operating Activities	121	99	143	85	114	133	135	107	116	115	140
Net Cash From Continuing Operating Activities	121	99	143	86	114	132	135	107	120	112	140
Net Income / (Loss) Continuing Operations	83	105	102	100	103	106	97	97	100	115	97
Consolidated Net Income / (Loss)	83	105	102	100	103	106	97	97	100	115	97
Provision For Loan Losses	8.53	7.91	8.59	8.82	10	6.70	13	8.77	8.60	1.45	3.33
Depreciation Expense	5.43	5.47	5.47	5.41	5.49	5.58	5.63	5.72	5.59	5.59	5.61
Amortization Expense	2.84	2.29	1.82	1.69	1.74	1.66	1.43	1.35	1.41	1.37	1.17
Non-Cash Adjustments to Reconcile Net Income	-7.66	7.10	-5.29	2.12	2.60	16	4.74	0.78	0.63	-27	0.61
Changes in Operating Assets and Liabilities, net	29	-29	30	-33	-9.82	-3.95	13	-6.40	3.67	16	33
Net Cash From Investing Activities	-177	-535	-568	61	-445	-115	-84	-267	-252	-382	-275
Net Cash From Continuing Investing Activities	-177	-535	-568	61	-445	-115	-84	-267	-252	-382	-275
Purchase of Property, Leasehold Improvements and Equipment	-4.23	-6.42	-4.29	-5.60	-9.19	-8.42	-6.54	-2.34	-6.91	1.65	-7.38
Purchase of Investment Securities	-193	-683	-708	-149	-622	-266	-237	-460	-509	-639	-473
Sale of Property, Leasehold Improvements and Equipment	2.38	0.97	0.00	0.15	0.12	-	0.00	0.57	0.01	0.29	0.01
Sale and/or Maturity of Investments	18	154	144	215	185	159	160	195	263	255	205
Net Cash From Financing Activities	-117	-721	-467	-316	4.88	-66	206	43	123	-160	372
Net Cash From Continuing Financing Activities	-117	-721	-467	-316	4.88	-66	206	43	123	-160	372
Net Change in Deposits	-63	-221	-379	-345	-19	-92	191	16	69	11	340
Issuance of Debt	-	-425	-0.05	-0.05	-0.05	-0.05	-	-	-	-0.05	20
Issuance of Common Equity	0.35	0.81	0.09	0.21	0.36	0.51	2.29	0.36	0.65	0.46	0.34
Repurchase of Common Equity	-11	-0.11	-1.04	-3.37	-0.08	-0.12	-0.50	-	-0.25	-0.22	0.00
Payment of Dividends	-37	-	-39	-	-39	-	-41	-	-41	-	-44
Other Financing Activities, Net	-6.23	-76	-48	58	62	26	55	27	95	-171	55
Cash Interest Paid	8.90	15	20	26	32	40	48	48	53	53	56

This table presents International Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	11,773	11,804	12,185	11,872	12,113	14,029	16,046	15,501	15,066	15,739
Cash and Due from Banks	273	269	265	317	257	1,997	3,209	2,088	651	353
Trading Account Securities	4,671	4,697	4,448	3,756	3,706	3,345	4,520	4,782	5,171	5,350
Loans and Leases, Net of Allowance	5,884	5,900	6,280	6,500	-60	-109	-110	7,305	7,902	8,653
Loans and Leases	5,951	5,965	6,348	6,561	-	-	-	7,431	8,059	8,810
Allowance for Loan and Lease Losses	67	65	68	61	60	109	110	126	157	157
Premises and Equipment, Net	517	528	514	507	507	480	447	432	437	428
Goodwill	283	283	283	283	283	283	283	283	283	283
Other Assets	146	128	393	510	7,421	8,034	7,697	610	619	668
Total Liabilities & Shareholders' Equity	11,773	11,804	12,185	11,872	12,113	14,029	16,046	15,501	15,066	15,739
Total Liabilities	10,107	10,079	10,346	9,932	9,995	11,851	13,738	13,457	12,618	12,942
Non-Interest Bearing Deposits	3,150	3,158	3,243	3,455	3,546	4,716	5,839	5,846	5,031	4,612
Interest Bearing Deposits	5,387	5,452	5,302	5,242	5,280	6,006	6,779	6,814	6,794	7,500
Short-Term Debt	828	505	354	230	237	428	440	431	530	535
Long-Term Debt	667	894	1,356	866	761	571	571	146	120	119
Other Long-Term Liabilities	76	71	91	140	171	130	109	220	144	176
Total Equity & Noncontrolling Interests	1,666	1,725	1,839	1,940	2,118	2,178	2,308	2,045	2,448	2,797
Total Preferred & Common Equity	1,666	1,725	1,839	1,940	2,118	2,178	2,308	2,045	2,448	2,797
Total Common Equity	1,666	1,725	1,839	1,940	2,118	2,178	2,308	2,045	2,448	2,797
Common Stock	264	265	268	241	244	246	248	250	252	256
Retained Earnings	1,684	1,778	1,892	2,064	2,201	2,290	2,471	2,696	3,029	3,356
Treasury Stock	-284	-292	-292	-311	-329	-378	-379	-431	-435	-436
Accumulated Other Comprehensive Income / (Loss)	2.17	-27	-28	-55	2.35	21	-32	-470	-398	-379

This table presents International Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	15,135	14,855	14,908	15,361	15,492	15,892	16,270
Cash and Due from Banks	1,195	1,025	699	909	792	780	589
Trading Account Securities	5,231	363	5,066	5,126	5,217	5,344	367
Loans and Leases, Net of Allowance	-134	7,433	7,748	7,970	8,119	8,431	8,922
Loans and Leases	-	7,573	7,897	8,112	8,268	8,587	9,080
Allowance for Loan and Lease Losses	134	141	149	143	149	156	159
Premises and Equipment, Net	430	431	434	438	434	436	430
Goodwill	283	283	283	283	283	283	283
Other Assets	8,130	5,320	675	631	642	615	5,680
Total Liabilities & Shareholders' Equity	15,135	14,855	14,908	15,361	15,492	15,892	16,270
Total Liabilities	12,979	12,663	12,714	12,877	12,914	13,143	13,375
Non-Interest Bearing Deposits	5,549	5,261	5,216	4,985	4,852	4,722	4,782
Interest Bearing Deposits	6,732	6,674	6,700	7,031	7,179	7,379	7,670
Short-Term Debt	384	442	504	585	612	706	590
Long-Term Debt	146	120	116	120	120	119	139
Other Long-Term Liabilities	169	166	174	157	152	216	193
Total Equity & Noncontrolling Interests	2,156	2,192	2,194	2,484	2,577	2,749	2,895
Total Preferred & Common Equity	2,156	2,192	2,194	2,484	2,577	2,749	2,895
Total Common Equity	2,156	2,192	2,194	2,484	2,577	2,749	2,895
Common Stock	251	251	251	254	255	255	256
Retained Earnings	2,758	2,859	2,923	3,085	3,182	3,241	3,410
Treasury Stock	-432	-435	-435	-436	-436	-436	-436
Accumulated Other Comprehensive Income / (Loss)	-420	-482	-545	-420	-424	-311	-334

This table displays calculated financial ratios and metrics derived from International Bancshares' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.28%	-0.33%	3.97%	9.80%	1.80%	-8.52%	10.24%	13.67%	23.52%	0.02%
EBITDA Growth	-7.97%	-4.51%	8.94%	17.55%	-3.07%	-9.61%	37.48%	9.03%	32.03%	-2.82%
EBIT Growth	-10.04%	-4.76%	12.51%	22.98%	-4.63%	-18.54%	52.21%	18.71%	36.82%	-2.83%
NOPAT Growth	-10.72%	-2.04%	17.55%	37.15%	-5.01%	-18.42%	51.76%	18.24%	37.15%	-0.63%
Net Income Growth	-10.72%	-2.04%	17.55%	37.15%	-5.01%	-18.42%	51.76%	18.24%	37.15%	-0.63%
EPS Growth	-10.09%	-1.46%	16.83%	37.29%	-3.70%	-16.03%	52.67%	19.50%	38.49%	-0.76%
Operating Cash Flow Growth	5.50%	-0.21%	-3.15%	16.78%	35.55%	-2.06%	-4.41%	33.00%	22.29%	-0.10%
Free Cash Flow Firm Growth	154.41%	-74.28%	-256.52%	372.37%	-82.84%	-15.25%	5.81%	789.91%	-106.47%	186.10%
Invested Capital Growth	-14.31%	-1.17%	13.61%	-14.45%	2.64%	1.97%	4.46%	-21.01%	18.17%	11.42%
Revenue Q/Q Growth	-1.26%	1.39%	0.89%	2.39%	-0.52%	-2.50%	0.73%	0.00%	0.70%	-0.33%
EBITDA Q/Q Growth	-2.66%	0.48%	2.36%	4.06%	-1.63%	0.72%	0.59%	0.00%	0.06%	-0.44%
EBIT Q/Q Growth	-3.55%	0.23%	3.68%	5.21%	-2.94%	-1.56%	2.94%	0.00%	0.16%	-0.41%
NOPAT Q/Q Growth	-2.55%	0.38%	6.61%	6.56%	-3.21%	-2.05%	3.38%	0.00%	0.23%	2.17%
Net Income Q/Q Growth	-2.55%	0.38%	6.61%	6.56%	-3.21%	-2.05%	3.38%	0.00%	0.23%	2.17%
EPS Q/Q Growth	-2.38%	0.50%	6.79%	6.58%	-2.80%	-0.76%	3.09%	0.00%	0.46%	2.18%
Operating Cash Flow Q/Q Growth	-8.81%	12.67%	-10.96%	14.34%	18.78%	-3.20%	-7.32%	0.00%	7.56%	-3.64%
Free Cash Flow Firm Q/Q Growth	154.35%	-46.32%	-5,405.08%	22.31%	-57.10%	237.84%	155.08%	-69.67%	97.32%	115.40%
Invested Capital Q/Q Growth	-8.49%	-4.44%	3.72%	0.25%	5.67%	2.89%	0.89%	0.00%	10.08%	-3.46%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	51.26%	49.11%	51.46%	55.09%	52.46%	51.84%	64.65%	62.00%	66.27%	64.39%
EBIT Margin	40.70%	38.90%	42.09%	47.14%	44.16%	39.33%	54.30%	56.71%	62.81%	61.02%
Profit (Net Income) Margin	26.91%	26.44%	29.90%	37.35%	34.85%	31.07%	42.78%	44.49%	49.41%	49.08%
Tax Burden Percent	66.10%	67.98%	71.03%	79.22%	78.90%	79.01%	78.78%	78.46%	78.65%	80.43%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	33.90%	32.02%	28.97%	20.78%	21.10%	20.99%	21.22%	21.54%	21.35%	19.57%
Return on Invested Capital (ROIC)	3.99%	4.26%	4.72%	6.56%	6.67%	5.32%	7.82%	10.11%	14.40%	12.50%
ROIC Less NNEP Spread (ROIC-NNEP)	3.99%	4.26%	4.72%	6.56%	6.67%	5.32%	7.82%	10.11%	14.40%	12.50%
Return on Net Nonoperating Assets (RNNOA)	4.43%	3.64%	4.12%	4.87%	3.44%	2.47%	3.50%	3.69%	3.93%	3.11%
Return on Equity (ROE)	8.42%	7.90%	8.84%	11.43%	10.11%	7.79%	11.32%	13.79%	18.33%	15.60%
Cash Return on Invested Capital (CROIC)	19.41%	5.44%	-8.02%	22.14%	4.06%	3.37%	3.45%	33.59%	-2.26%	1.70%
Operating Return on Assets (OROA)	1.73%	1.67%	1.85%	2.27%	2.17%	1.62%	2.14%	2.43%	3.43%	3.30%
Return on Assets (ROA)	1.14%	1.14%	1.31%	1.80%	1.71%	1.28%	1.69%	1.90%	2.69%	2.66%
Return on Common Equity (ROCE)	8.42%	7.90%	8.84%	11.43%	10.11%	7.79%	11.32%	13.79%	18.33%	15.60%
Return on Equity Simple (ROE_SIMPLE)	8.21%	7.77%	8.56%	11.13%	9.68%	7.68%	11.00%	14.68%	16.82%	14.63%
Net Operating Profit after Tax (NOPAT)	137	134	157	216	205	167	254	300	412	409
NOPAT Margin	26.91%	26.44%	29.90%	37.35%	34.85%	31.07%	42.78%	44.49%	49.41%	49.08%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	33.84%	35.17%	35.74%	33.35%	34.35%	33.14%	28.89%	25.67%	22.24%	24.03%
Operating Expenses to Revenue	54.49%	57.18%	55.78%	51.80%	52.63%	52.25%	44.36%	40.08%	33.04%	35.16%
Earnings before Interest and Taxes (EBIT)	207	197	222	273	260	212	322	383	524	509
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	260	249	271	319	309	279	384	418	552	537
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.80	1.25	1.16	0.97	1.13	0.97	1.06	1.31	1.33	1.39
Price to Tangible Book Value (P/TBV)	0.97	1.50	1.38	1.14	1.31	1.11	1.21	1.52	1.50	1.55
Price to Revenue (P/Rev)	2.63	4.26	4.06	3.27	4.07	3.91	4.14	3.97	3.91	4.66
Price to Earnings (P/E)	9.78	16.11	13.60	8.76	11.69	12.58	9.68	8.92	7.91	9.50
Dividend Yield	2.88%	1.83%	2.04%	2.62%	4.00%	4.96%	4.38%	2.79%	2.40%	2.11%
Earnings Yield	10.22%	6.21%	7.36%	11.42%	8.56%	7.95%	10.34%	11.22%	12.65%	10.53%
Enterprise Value to Invested Capital (EV/IC)	0.81	1.05	1.01	0.88	1.01	0.35	0.08	0.44	1.05	1.21
Enterprise Value to Revenue (EV/Rev)	5.04	6.49	6.81	4.62	5.33	2.06	0.43	1.73	3.90	5.02
Enterprise Value to EBITDA (EV/EBITDA)	9.83	13.22	13.23	8.38	10.16	3.97	0.67	2.79	5.89	7.80
Enterprise Value to EBIT (EV/EBIT)	12.37	16.69	16.17	9.79	12.07	5.23	0.80	3.05	6.22	8.23
Enterprise Value to NOPAT (EV/NOPAT)	18.72	24.54	22.77	12.36	15.30	6.62	1.02	3.88	7.90	10.24
Enterprise Value to Operating Cash Flow (EV/OCF)	12.57	16.18	18.21	11.62	10.07	3.63	0.88	3.01	6.86	8.84
Enterprise Value to Free Cash Flow (EV/FCFF)	3.85	19.23	0.00	3.66	25.10	10.45	2.30	1.17	0.00	75.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.90	0.81	0.93	0.57	0.47	0.46	0.44	0.28	0.27	0.23
Long-Term Debt to Equity	0.40	0.52	0.74	0.45	0.36	0.26	0.25	0.07	0.05	0.04
Financial Leverage	1.11	0.85	0.87	0.74	0.52	0.46	0.45	0.36	0.27	0.25
Leverage Ratio	7.38	6.95	6.73	6.37	5.91	6.09	6.70	7.25	6.80	5.87
Compound Leverage Factor	7.38	6.95	6.73	6.37	5.91	6.09	6.70	7.25	6.80	5.87
Debt to Total Capital	47.30%	44.78%	48.17%	36.11%	32.02%	31.45%	30.45%	22.00%	20.98%	18.97%
Short-Term Debt to Total Capital	26.19%	16.17%	9.97%	7.58%	7.59%	13.48%	13.25%	16.45%	17.12%	15.51%
Long-Term Debt to Total Capital	21.11%	28.62%	38.20%	28.53%	24.43%	17.97%	17.20%	5.55%	3.86%	3.46%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	52.70%	55.22%	51.83%	63.89%	67.98%	68.55%	69.55%	78.00%	79.02%	81.03%
Debt to EBITDA	5.74	5.62	6.31	3.44	3.23	3.58	2.63	1.38	1.18	1.22
Net Debt to EBITDA	4.69	4.54	5.33	2.45	2.40	-3.58	-5.73	-3.61	0.00	0.56
Long-Term Debt to EBITDA	2.56	3.59	5.00	2.72	2.47	2.05	1.49	0.35	0.22	0.22
Debt to NOPAT	10.93	10.44	10.86	5.08	4.86	5.97	3.98	1.92	1.58	1.60
Net Debt to NOPAT	8.94	8.43	9.17	3.61	3.61	-5.97	-8.66	-5.03	0.00	0.74
Long-Term Debt to NOPAT	4.88	6.67	8.61	4.01	3.71	3.41	2.25	0.48	0.29	0.29
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	665	171	-268	729	125	106	112	998	-64	56
Operating Cash Flow to CapEx	1,329.65%	578.07%	1,624.72%	1,363.11%	1,123.61%	5,241.93%	0.00%	6,785.74%	1,742.44%	3,570.77%
Free Cash Flow to Firm to Interest Expense	15.00	3.96	-6.87	13.84	2.13	2.71	4.18	26.15	-0.47	0.27
Operating Cash Flow to Interest Expense	4.60	4.71	5.06	4.36	5.31	7.80	10.87	10.17	3.47	2.26
Operating Cash Flow Less CapEx to Interest Expense	4.25	3.90	4.74	4.04	4.84	7.65	10.91	10.02	3.27	2.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.05	0.05	0.04	0.04	0.04	0.05	0.05
Fixed Asset Turnover	0.97	0.97	1.01	1.13	1.16	1.09	1.28	1.54	1.92	1.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,160	3,123	3,548	3,036	3,116	3,177	3,319	2,622	3,098	3,451
Invested Capital Turnover	0.15	0.16	0.16	0.18	0.19	0.17	0.18	0.23	0.29	0.25
Increase / (Decrease) in Invested Capital	-528	-37	425	-513	80	61	142	-697	476	354
Enterprise Value (EV)	2,559	3,287	3,585	2,670	3,138	1,107	258	1,166	3,254	4,189
Market Capitalization	1,338	2,158	2,140	1,891	2,397	2,106	2,457	2,677	3,255	3,886
Book Value per Share	$25.09	$26.15	$27.83	$29.32	$32.49	$34.42	$36.43	$32.63	$39.44	$44.96
Tangible Book Value per Share	$20.83	$21.86	$23.56	$25.05	$28.15	$29.96	$31.97	$28.12	$34.89	$40.42
Total Capital	3,160	3,123	3,548	3,036	3,116	3,177	3,319	2,622	3,098	3,451
Total Debt	1,495	1,399	1,709	1,096	998	999	1,010	577	650	655
Total Long-Term Debt	667	894	1,356	866	761	571	571	146	120	119
Net Debt	1,222	1,130	1,444	779	741	-998	-2,199	-1,511	-1.03	302
Capital Expenditures (CapEx)	15	35	12	17	28	5.82	-1.06	5.72	27	13
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,495	1,399	1,709	1,096	998	999	1,010	577	650	655
Total Depreciation and Amortization (D&A)	54	52	49	46	49	67	61	36	29	28
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.06	$2.03	$2.38	$3.27	$3.13	$2.63	$4.01	$4.79	$6.63	$6.58
Adjusted Weighted Average Basic Shares Outstanding	66.41M	65.97M	66.05M	66.11M	65.48M	63.73M	63.35M	62.66M	62.08M	62.18M
Adjusted Diluted Earnings per Share	$2.05	$2.02	$2.36	$3.24	$3.12	$2.62	$4.00	$4.78	$6.62	$6.57
Adjusted Weighted Average Diluted Shares Outstanding	66.64M	66.31M	66.78M	66.63M	65.69M	63.85M	63.49M	62.81M	62.22M	62.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$3.13	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	65.93M	65.99M	66.10M	65.62M	65.21M	63.30M	63.38M	62.14M	62.17M	62.22M
Normalized Net Operating Profit after Tax (NOPAT)	137	134	157	216	205	167	254	300	412	409
Normalized NOPAT Margin	27.03%	26.49%	29.90%	37.35%	34.85%	31.07%	42.78%	44.49%	49.41%	49.08%
Pre Tax Income Margin	40.70%	38.90%	42.09%	47.14%	44.16%	39.33%	54.30%	56.71%	62.81%	61.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.67	4.57	5.69	5.18	4.43	5.41	12.01	10.03	3.83	2.43
NOPAT to Interest Expense	3.09	3.11	4.04	4.10	3.50	4.28	9.46	7.87	3.01	1.96
EBIT Less CapEx to Interest Expense	4.32	3.75	5.38	4.86	3.96	5.26	12.05	9.88	3.63	2.37
NOPAT Less CapEx to Interest Expense	2.74	2.29	3.73	3.78	3.03	4.13	9.50	7.72	2.81	1.89
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.17%	29.54%	27.69%	22.97%	33.48%	41.79%	28.69%	25.11%	19.00%	20.06%
Augmented Payout Ratio	33.05%	35.49%	27.81%	45.22%	42.18%	71.01%	28.97%	42.44%	20.12%	20.30%

This table displays calculated financial ratios and metrics derived from International Bancshares' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	53.90%	39.70%	12.06%	2.82%	0.15%	1.76%	-0.44%	-1.31%	-3.71%
EBITDA Growth	38.42%	0.00%	73.09%	63.28%	20.87%	0.22%	-4.35%	-2.20%	-3.11%	-1.66%	-1.83%
EBIT Growth	53.37%	0.00%	89.72%	73.53%	23.48%	0.62%	-4.42%	-2.30%	-3.11%	-1.54%	-1.71%
NOPAT Growth	52.67%	0.00%	90.01%	73.34%	23.88%	0.91%	-4.24%	-3.49%	-3.38%	8.19%	-0.45%
Net Income Growth	0.00%	0.00%	90.01%	73.34%	23.88%	0.91%	-4.24%	-3.49%	-3.38%	8.19%	-0.45%
EPS Growth	0.00%	0.00%	94.05%	76.09%	23.88%	1.79%	-4.29%	-3.70%	-3.61%	8.19%	0.00%
Operating Cash Flow Growth	107.23%	0.00%	80.40%	-3.44%	-6.11%	33.53%	-5.11%	25.74%	2.42%	-13.47%	3.74%
Free Cash Flow Firm Growth	2,393.29%	666.08%	1,205.51%	222.56%	-180.37%	-146.07%	-164.93%	-186.69%	75.61%	35.51%	16.41%
Invested Capital Growth	-100.00%	-21.01%	-16.30%	-13.45%	0.00%	18.17%	18.73%	20.15%	27.04%	11.42%	13.67%
Revenue Q/Q Growth	29.89%	8.12%	0.15%	-0.68%	4.19%	-0.79%	-2.45%	0.92%	1.94%	-1.67%	-4.82%
EBITDA Q/Q Growth	38.46%	24.72%	-4.52%	-0.96%	2.49%	3.41%	-8.88%	1.27%	1.54%	4.95%	-9.04%
EBIT Q/Q Growth	44.08%	27.13%	-4.43%	-0.87%	2.53%	3.59%	-9.21%	1.33%	1.68%	5.27%	-9.38%
NOPAT Q/Q Growth	43.79%	26.46%	-3.58%	-1.14%	2.77%	3.01%	-8.50%	-0.36%	2.88%	15.35%	-15.81%
Net Income Q/Q Growth	43.79%	26.46%	-3.58%	-1.14%	2.77%	3.01%	-8.50%	-0.36%	2.88%	15.35%	-15.81%
EPS Q/Q Growth	45.65%	25.37%	-2.98%	-0.61%	2.47%	3.01%	-8.77%	0.00%	2.56%	15.63%	-15.68%
Operating Cash Flow Q/Q Growth	37.20%	-17.91%	43.50%	-40.26%	33.40%	16.75%	1.98%	-20.83%	8.66%	-1.37%	22.27%
Free Cash Flow Firm Q/Q Growth	1,959.66%	-76.20%	-22.19%	-15.44%	-613.20%	86.36%	-9.67%	-12.89%	-44.39%	63.92%	-42.14%
Invested Capital Q/Q Growth	-100.00%	0.00%	2.44%	2.54%	2.20%	10.08%	2.93%	3.76%	8.06%	-3.46%	5.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	60.26%	69.51%	66.27%	66.08%	65.00%	67.75%	63.29%	63.51%	63.26%	67.52%	64.52%
EBIT Margin	55.91%	65.73%	62.73%	62.60%	61.60%	64.32%	59.86%	60.11%	59.95%	64.18%	61.10%
Profit (Net Income) Margin	43.91%	51.36%	49.45%	49.22%	48.55%	50.41%	47.28%	46.68%	47.11%	55.26%	48.88%
Tax Burden Percent	78.55%	78.14%	78.84%	78.62%	78.81%	78.37%	78.98%	77.66%	78.58%	86.11%	80.00%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.45%	21.86%	21.16%	21.38%	21.19%	21.63%	21.02%	22.34%	21.42%	13.89%	20.00%
Return on Invested Capital (ROIC)	0.00%	11.67%	12.53%	13.35%	28.56%	14.69%	13.42%	12.90%	12.33%	14.07%	11.85%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	11.67%	12.53%	13.35%	28.56%	14.69%	13.42%	12.90%	12.33%	14.07%	11.85%
Return on Net Nonoperating Assets (RNNOA)	0.00%	4.25%	4.63%	5.12%	8.08%	4.01%	3.57%	3.50%	3.61%	3.50%	3.16%
Return on Equity (ROE)	0.00%	15.92%	17.16%	18.47%	36.63%	18.70%	16.99%	16.39%	15.94%	17.57%	15.01%
Cash Return on Invested Capital (CROIC)	200.00%	33.59%	29.57%	27.59%	-170.80%	-2.26%	-3.25%	-4.98%	-11.29%	1.70%	-0.80%
Operating Return on Assets (OROA)	0.00%	2.81%	3.00%	3.24%	6.84%	3.51%	3.27%	3.32%	3.26%	3.47%	3.19%
Return on Assets (ROA)	0.00%	2.20%	2.36%	2.55%	5.39%	2.75%	2.59%	2.58%	2.56%	2.99%	2.55%
Return on Common Equity (ROCE)	0.00%	15.92%	17.16%	18.47%	36.63%	18.70%	16.99%	16.39%	15.94%	17.57%	15.01%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	16.16%	17.83%	18.73%	0.00%	16.40%	15.67%	14.57%	0.00%	14.12%
Net Operating Profit after Tax (NOPAT)	83	105	102	100	103	106	97	97	100	115	97
NOPAT Margin	43.91%	51.36%	49.45%	49.22%	48.55%	50.41%	47.28%	46.68%	47.11%	55.26%	48.88%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	25.14%	19.22%	22.10%	22.29%	22.32%	22.23%	23.65%	23.79%	24.32%	24.36%	26.31%
Operating Expenses to Revenue	39.60%	30.41%	33.10%	33.08%	33.47%	32.50%	33.83%	35.67%	35.99%	35.13%	37.22%
Earnings before Interest and Taxes (EBIT)	106	135	129	128	131	136	123	125	127	134	121
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	114	143	136	135	138	143	130	132	134	141	128
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.31	1.18	1.19	1.18	1.33	1.37	1.35	1.34	1.39	1.36
Price to Tangible Book Value (P/TBV)	0.00	1.52	1.35	1.37	1.36	1.50	1.55	1.52	1.49	1.55	1.50
Price to Revenue (P/Rev)	0.00	3.97	3.40	3.25	3.14	3.91	4.09	4.16	4.40	4.66	4.75
Price to Earnings (P/E)	0.00	8.92	7.28	6.69	6.32	7.91	8.36	8.61	9.19	9.50	9.60
Dividend Yield	3.00%	2.79%	3.01%	2.92%	3.01%	2.40%	2.35%	2.31%	2.23%	2.11%	2.16%
Earnings Yield	0.00%	11.22%	13.74%	14.94%	15.82%	12.65%	11.96%	11.61%	10.89%	10.53%	10.42%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.44	0.70	0.78	0.90	1.05	1.00	1.03	1.04	1.21	1.12
Enterprise Value to Revenue (EV/Rev)	0.00	1.73	2.50	2.67	3.04	3.90	3.84	4.08	4.45	5.02	4.92
Enterprise Value to EBITDA (EV/EBITDA)	0.00	2.79	3.93	4.07	4.56	5.89	5.86	6.29	6.91	7.80	7.60
Enterprise Value to EBIT (EV/EBIT)	0.00	3.05	4.21	4.32	4.82	6.22	6.19	6.64	7.29	8.23	8.02
Enterprise Value to NOPAT (EV/NOPAT)	0.00	3.88	5.37	5.50	6.13	7.90	7.86	8.46	9.30	10.24	9.94
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	3.01	4.14	4.80	5.71	6.86	6.86	6.99	7.57	8.84	8.48
Enterprise Value to Free Cash Flow (EV/FCFF)	0.76	1.17	2.15	2.63	0.00	0.00	0.00	0.00	0.00	75.43	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.28	0.25	0.26	0.28	0.27	0.28	0.28	0.30	0.23	0.25
Long-Term Debt to Equity	0.00	0.07	0.07	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.05
Financial Leverage	0.43	0.36	0.37	0.38	0.28	0.27	0.27	0.27	0.29	0.25	0.27
Leverage Ratio	6.83	7.25	7.27	7.26	6.80	6.80	6.57	6.36	6.23	5.87	5.88
Compound Leverage Factor	6.83	7.25	7.27	7.26	6.80	6.80	6.57	6.36	6.23	5.87	5.88
Debt to Total Capital	0.00%	22.00%	19.70%	20.39%	22.05%	20.98%	22.10%	22.10%	23.10%	18.97%	20.12%
Short-Term Debt to Total Capital	0.00%	16.45%	14.28%	16.05%	17.92%	17.12%	18.35%	18.49%	19.75%	15.51%	16.28%
Long-Term Debt to Total Capital	0.00%	5.55%	5.42%	4.35%	4.13%	3.86%	3.75%	3.61%	3.34%	3.46%	3.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	78.00%	80.30%	79.61%	77.95%	79.02%	77.90%	77.90%	76.90%	81.03%	79.88%
Debt to EBITDA	0.00	1.38	1.11	1.06	1.12	1.18	1.29	1.35	1.53	1.22	1.36
Net Debt to EBITDA	0.00	-3.61	-1.40	-0.88	-0.14	0.00	-0.37	-0.11	0.09	0.56	0.26
Long-Term Debt to EBITDA	0.00	0.35	0.31	0.23	0.21	0.22	0.22	0.22	0.22	0.22	0.26
Debt to NOPAT	0.00	1.92	1.52	1.44	1.51	1.58	1.73	1.81	2.06	1.60	1.78
Net Debt to NOPAT	0.00	-5.03	-1.91	-1.19	-0.19	0.00	-0.50	-0.15	0.11	0.74	0.34
Long-Term Debt to NOPAT	0.00	0.48	0.42	0.31	0.28	0.29	0.29	0.30	0.30	0.29	0.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,373	803	625	528	-2,711	-370	-406	-458	-661	-239	-339
Operating Cash Flow to CapEx	6,554.38%	1,827.16%	3,326.11%	1,565.93%	1,252.99%	1,577.24%	2,070.58%	6,059.58%	1,687.58%	0.00%	1,905.37%
Free Cash Flow to Firm to Interest Expense	341.74	52.76	27.20	16.68	-73.57	-8.19	-8.37	-8.90	-12.08	-4.37	-6.35
Operating Cash Flow to Interest Expense	12.27	6.53	6.21	2.69	3.09	2.94	2.79	2.08	2.13	2.10	2.63
Operating Cash Flow Less CapEx to Interest Expense	12.08	6.18	6.03	2.52	2.84	2.75	2.66	2.05	2.00	2.14	2.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.04	0.05	0.05	0.11	0.05	0.05	0.06	0.05	0.05	0.05
Fixed Asset Turnover	0.00	1.54	1.72	1.86	0.00	1.92	1.92	1.94	1.92	1.93	1.90
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	2,622	2,685	2,754	2,814	3,098	3,188	3,308	3,575	3,451	3,624
Invested Capital Turnover	0.00	0.23	0.25	0.27	0.59	0.29	0.28	0.28	0.26	0.25	0.24
Increase / (Decrease) in Invested Capital	-3,290	-697	-523	-428	2,814	476	503	555	761	354	436
Enterprise Value (EV)	2,486	1,166	1,869	2,152	2,519	3,254	3,203	3,418	3,724	4,189	4,063
Market Capitalization	2,486	2,677	2,535	2,616	2,597	3,255	3,408	3,479	3,678	3,886	3,923
Book Value per Share	$0.00	$32.63	$34.70	$35.29	$35.35	$39.44	$39.97	$41.45	$44.21	$44.96	$46.53
Tangible Book Value per Share	$0.00	$28.12	$30.15	$30.74	$30.80	$34.89	$35.42	$36.91	$39.67	$40.42	$41.99
Total Capital	0.00	2,622	2,685	2,754	2,814	3,098	3,188	3,308	3,575	3,451	3,624
Total Debt	0.00	577	529	562	621	650	705	731	826	655	729
Total Long-Term Debt	0.00	146	146	120	116	120	120	120	119	119	139
Net Debt	0.00	-1,511	-666	-464	-78	-1.03	-204	-61	46	302	140
Capital Expenditures (CapEx)	1.85	5.44	4.29	5.44	9.08	8.42	6.54	1.77	6.90	-1.94	7.37
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	577	529	562	621	650	705	731	826	655	729
Total Depreciation and Amortization (D&A)	8.27	7.76	7.28	7.10	7.23	7.24	7.06	7.07	7.00	6.95	6.78
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.69	$1.64	$1.62	$1.66	$1.71	$1.57	$1.56	$1.60	$1.85	$1.56
Adjusted Weighted Average Basic Shares Outstanding	0.00	62.66M	62.14M	62.07M	62.65M	62.08M	62.15M	62.18M	62.19M	62.18M	62.21M
Adjusted Diluted Earnings per Share	$0.00	$1.68	$1.63	$1.62	$1.66	$1.71	$1.56	$1.56	$1.60	$1.85	$1.56
Adjusted Weighted Average Diluted Shares Outstanding	0.00	62.81M	62.28M	62.21M	62.20M	62.22M	62.27M	62.29M	62.31M	62.30M	62.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	62.14M	62.11M	62.05M	62.06M	62.17M	62.18M	62.19M	62.20M	62.22M	62.14M
Normalized Net Operating Profit after Tax (NOPAT)	83	105	102	100	103	106	97	97	100	115	97
Normalized NOPAT Margin	43.91%	51.36%	49.45%	49.22%	48.55%	50.41%	47.28%	46.68%	47.11%	55.26%	48.88%
Pre Tax Income Margin	55.91%	65.73%	62.73%	62.60%	61.60%	64.32%	59.86%	60.11%	59.95%	64.18%	61.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.75	8.87	5.61	4.04	3.56	3.00	2.54	2.43	2.32	2.45	2.27
NOPAT to Interest Expense	8.45	6.93	4.43	3.17	2.80	2.35	2.01	1.89	1.82	2.11	1.81
EBIT Less CapEx to Interest Expense	10.56	8.51	5.43	3.86	3.31	2.82	2.41	2.39	2.19	2.48	2.13
NOPAT Less CapEx to Interest Expense	8.26	6.57	4.24	3.00	2.56	2.17	1.87	1.85	1.70	2.14	1.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	25.11%	21.96%	19.57%	19.05%	19.00%	19.67%	19.84%	20.50%	20.06%	20.70%
Augmented Payout Ratio	0.00%	42.44%	36.23%	23.64%	20.17%	20.12%	20.66%	20.01%	20.71%	20.30%	20.81%

Key Financial Trends

International Bancshares (NASDAQ: IBOC) has shown consistent financial performance with several noteworthy trends over the past four years through Q1 2025.

Revenue and Income Trends:

Net Interest Income remained strong, increasing to $161.2 million in Q1 2025 from $135.2 million in Q3 2023, reflecting steady interest income from loans and leases.
Total Revenue in Q1 2025 was $198.2 million, showing resilience compared to prior quarters despite some fluctuations.
Net Income for Q1 2025 was $96.9 million, maintaining profitability, although it slightly decreased from $115.1 million in Q4 2024.
Diluted EPS stood at $1.56 in Q1 2025, somewhat lower than $1.85 in Q4 2024, indicating some quarter-to-quarter variability.

Expense and Credit Loss Provision:

Provision for Credit Losses increased to $3.3 million in Q1 2025 from $1.45 million a quarter earlier, indicating a cautious approach towards potential loan losses.
Total Non-Interest Expense rose to $73.8 million in Q1 2025 from $73.15 million in Q4 2024, due to increases in salaries, occupancy, and other operating costs, which may pressure future profitability.

Balance Sheet Highlights:

Total Assets grew to $16.27 billion as of Q1 2025, up from $15.89 billion in Q3 2024, driven mainly by growth in net loans and leases ($8.92 billion in Q1 2025 vs. $8.43 billion in Q3 2024).
Deposits have increased significantly, with total deposits at approximately $12.45 billion in Q1 2025 compared to about $12.09 billion in Q3 2024, enhancing liquidity.
Allowance for Loan and Lease Losses increased modestly to $158.7 million in Q1 2025, reflecting prudent risk management aligned with loan growth.

Cash Flow Analysis:

Net Cash from Operating Activities was strong at $140.46 million in Q1 2025, indicating solid core business cash-generating ability.
Net Cash used in Investing Activities was $275.28 million in Q1 2025, reflecting significant investment in securities and property, which could impact near-term cash reserves.
Net Cash from Financing Activities was robust at $371.62 million due to deposit growth and debt issuance financing, supporting balance sheet expansion.
Overall, cash and due from banks remained substantial at $589.5 million as of Q1 2025, providing good liquidity buffer.

Summary: International Bancshares has demonstrated stable earnings and solid asset growth over the last several years. Despite a slight increase in credit loss provisions and operating expenses in recent quarters, the company maintains strong net interest income and efficient cash flow generation. The growth in deposits and loans underlines a healthy franchise with good liquidity. Investors should monitor the trends in credit losses and expense management while appreciating the consistent profitability and asset quality improvements.

08/31/25 11:38 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About International Bancshares' Financials

When does International Bancshares' financial year end?

According to the most recent income statement we have on file, International Bancshares' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has International Bancshares' net income changed over the last 9 years?

International Bancshares' net income appears to be on an upward trend, with a most recent value of $409.17 million in 2024, rising from $136.73 million in 2015. The previous period was $411.77 million in 2023.

How has International Bancshares' revenue changed over the last 9 years?

Over the last 9 years, International Bancshares' total revenue changed from $508.17 million in 2015 to $833.64 million in 2024, a change of 64.0%.

How much debt does International Bancshares have?

International Bancshares' total liabilities were at $12.94 billion at the end of 2024, a 2.6% increase from 2023, and a 28.0% increase since 2015.

How much cash does International Bancshares have?

In the past 9 years, International Bancshares' cash and equivalents has ranged from $256.82 million in 2019 to $3.21 billion in 2021, and is currently $352.65 million as of their latest financial filing in 2024.

How has International Bancshares' book value per share changed over the last 9 years?

Over the last 9 years, International Bancshares' book value per share changed from 25.09 in 2015 to 44.96 in 2024, a change of 79.2%.

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This page (NASDAQ:IBOC) was last updated on 8/31/2025 by MarketBeat.com Staff

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International Bancshares (IBOC) Financials

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International Bancshares (IBOC) Financials

Annual Income Statements for International Bancshares

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Quarterly Balance Sheets for International Bancshares

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Quarterly Metrics And Ratios for International Bancshares

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