International Bancshares (IBOC) Reports Q3 EPS of $0.48

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IBC Reports Strong 2015 Earnings

November 6, 2015 12:35 PM EST

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (NASDAQ: IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the nine months ended September 30, 2015 of $101.8 million, or $1.53 diluted earnings per common share and $1.53 basic earnings per common share, compared to $114.6 million, or $1.71 diluted earnings per common share and $1.71 basic earnings per common share for the same period of 2014, representing a decrease of 11.2 percent in net income and 10.5 percent diluted earnings per common share. Net income for the three months ended September 30, 2015 was... More