IBOC Q3 2023 Earnings — International Bancshares Corporation Revenue & Financial Results | Market Cap Arena

IBOCInternational Bancshares Corporation

$4B

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$250M+25.0% YoY

Gross Profit

$202M81.0% margin

Operating Income

$131M52.5% margin

Net Income

$103M41.4% margin

EPS (Diluted)

$1.66

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$105M

Stock-Based Comp.

$76,000

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$12.7B

Stockholders' Equity

$2.2B

Cash & Equivalents

$699M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$200M	+25.0%
Gross Profit	$202M	$181M	+11.6%
Operating Income	$131M	$106M	+23.5%
Net Income	$103M	$83M	+23.9%

Revenue Segments

Services charges on deposit accounts

$19M54%

Other service charges, commissions and fees, Banking

$14M40%

Other service charges, commissions and fees, Non-banking

$2M6%