International Bancshares (IBOC) Reports Q1 EPS of $0.54

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Go back to International Bancshares (IBOC) Reports Q1 EPS of $0.54

IBC Reports First Quarter 2015 Earnings

May 8, 2015 12:53 PM EDT

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, today reported first quarter net income for 2015 of $35.9 million, or $.54 diluted and basic earnings per common share, as compared to $43.6 million, or $.65 diluted and basic earnings per share for the corresponding period in 2014. The change in net income represents a 17.7 percent decrease in net income available to common shareholders over the corresponding period in 2014 and a decrease of 16.9 percent in diluted earnings per share comparing the same period.

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