IBOC Q2 2023 Earnings — International Bancshares Corporation Revenue & Financial Results | Market Cap Arena

IBOCInternational Bancshares Corporation

$4B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$236M+54.3% YoY

Gross Profit

$195M82.8% margin

Operating Income

$128M54.2% margin

Net Income

$100M42.6% margin

EPS (Diluted)

$1.62

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$80M

Stock-Based Comp.

$77,000

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$12.7B

Stockholders' Equity

$2.2B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$236M	$153M	+54.3%
Gross Profit	$195M	$142M	+37.2%
Operating Income	$128M	$74M	+73.5%
Net Income	$100M	$58M	+73.3%

Revenue Segments

Services charges on deposit accounts

$18M52%

Other service charges, commissions and fees, Banking

$14M41%

Other service charges, commissions and fees, Non-banking

$3M7%