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0 0.000628140703517552 0.00251256281407021 0 0.000628140703517552 -0.00502512562814077 -0.013819095477387 -0.0188442211055276
Stock impact report

IBC Reports Exceptional 2017 Earnings

International Bancshares Corporation (IBOC) 
US:NASDAQ Investor Relations: ibc.com/en-us/investors/pages/default.aspx
Company Research Source: Business Wire
LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2017 of $157.4 million or $2.36 diluted earnings per common share ($2.38 per share basic) compared to $133.9 million or $2.02 diluted earnings per common share ($2.03 per share basic), which represents a 17.6 percent increase in net income and a 16.8 percent increase in diluted earnings per share over the corresponding period in 2016. Net income for the three months ended December 31, 2017 was $45.2 million or $.68 diluted earnings per common share ($.69 per share basic) for the same period in 2016, compared to $35.5 million or $.53 diluted earnings per common share ($.54 per share basic), representing an increase of 27.3 percent in net income and a 28.3 percent increase in diluted earnings per share. Net income for Show less Read more
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