IBOC FY 2025 Earnings Report — International Bancshares Corporation Revenue & Financial Results | Market Cap Arena

International Bancshares CorporationIBOC

FY 2025 Earnings

Reported February 26, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.0B	—	1.0%
Op. Income	$520M	—	$509M	—	2.3%
Gross Margin	78.3%	—	76.9%	—	1.4pp
Net Margin	39.1%	—	39.2%	—	-0.1pp
EPS (Diluted)	$6.62	—	$6.57	—	0.8%
Free Cash Flow	$495M	—	$460M	—	7.6%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$229M
GROSS PROFIT	$825M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$183M
SG&A Expenses	$188M
Other Expenses	$116M
Operating Expenses	$304M
Cost & Expenses	$533M
OPERATING INCOME	$520M
Interest Income	$886M
Interest Expense	$214M
Other Income/Expenses	$0
INCOME BEFORE TAX	$520M
Income Tax Expense	$108M
Net Income from Continuing Ops	$412M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$412M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$412M
D&A	$23M
EBIT	$520M
EBITDA	$544M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$229M
GROSS PROFIT	$825M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$183M
SG&A Expenses	$188M
Other Expenses	$116M
Operating Expenses	$304M
Cost & Expenses	$533M
OPERATING INCOME	$520M
Interest Income	$886M
Interest Expense	$214M
Other Income/Expenses	$0
INCOME BEFORE TAX	$520M
Income Tax Expense	$108M
Net Income from Continuing Ops	$412M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$412M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$412M
D&A	$23M
EBIT	$520M
EBITDA	$544M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$412M
Depreciation & Amortization	$23M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$47M
Change in Working Capital	$30M
OPERATING CASH FLOW	$513M
Capital Expenditure	-$18M
Acquisitions (Net)	$23.0K
Purchases of Investments	-$944M
Sales/Maturities of Investments	$1.0B
Other Investing Activities	-$665M
NET CASH FROM INVESTING	-$614M
Net Debt Issuance	-$209.0K
Common Stock Repurchased	-$5M
Common Dividends Paid	-$87M
Other Financing Activities	$376M
NET CASH FROM FINANCING	$284M
FREE CASH FLOW	$495M
Net Change in Cash	$184M

Balance Sheet

Item	Amount
Cash & Equivalents	$536M
Short-Term Investments	$0
Net Receivables	$72M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$609M
PP&E (Net)	$423M
Goodwill	$283M
Intangible Assets	$0
Long-Term Investments	$14.7B
Tax Assets	$114M
Other Non-Current Assets	$506M
TOTAL NON-CURRENT ASSETS	$16.1B
TOTAL ASSETS	$16.7B
Account Payables	$0
Short-Term Debt	$586M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$586M
Long-Term Debt	$119M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$103M
Other Non-Current Liabilities	$12.6B
TOTAL NON-CURRENT LIABILITIES	$12.8B
TOTAL LIABILITIES	$13.4B
Common Stock	$97M
Additional Paid-In Capital	$161M
Retained Earnings	$3.7B
Treasury Stock	-$441M
Accum. Other Comp. Income	-$246M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.3B
Minority Interest	$0
TOTAL EQUITY	$3.3B
TOTAL LIABILITIES & EQUITY	$16.7B
Total Debt	$705M
Net Debt	$168M