IBOC Q3 2024 Earnings — International Bancshares Corporation Revenue & Financial Results | Market Cap Arena

IBOCInternational Bancshares Corporation

$4B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$266M+6.8% YoY

Gross Profit

$203M76.2% margin

Operating Income

$127M47.6% margin

Net Income

$100M37.4% margin

EPS (Diluted)

$1.60

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$116M

Free Cash Flow

$110M

Stock-Based Comp.

$47,000

Balance Sheet

Total Assets

$15.9B

Total Liabilities

$13.1B

Stockholders' Equity

$2.7B

Cash & Equivalents

$780M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$266M	$250M	+6.8%
Gross Profit	$203M	$202M	+0.5%
Operating Income	$127M	$131M	-3.1%
Net Income	$100M	$103M	-3.4%

Revenue Segments

Services charges on deposit accounts

$19M52%

Other service charges, commissions and fees Banking

$15M41%

Other service charges, commissions and fees, Non-banking

$2M6%