Quarterly ResultAug 6, 2026, 03:18 PM
International Bancshares Q2 Net Income $95.8M, EPS $1.54
AI Summary
International Bancshares Corporation reported a net income of $95.8 million, or $1.54 basic earnings per share, for the second quarter of 2026, a decrease from $100.1 million, or $1.61 basic EPS, in the same period last year. For the six months ended June 30, 2026, net income was $198.0 million, up slightly from $197.0 million year-over-year. Total assets increased to $17.02 billion, and total deposits grew to $12.74 billion as of June 30, 2026, compared to December 31, 2025. The company saw an increase in net interest income but also a significant rise in credit loss expense.
Key Highlights
- Net income for Q2 2026 was $95.8 million, down from $100.1 million in Q2 2025.
- Basic EPS for Q2 2026 was $1.54, compared to $1.61 in Q2 2025.
- Total assets increased to $17.02 billion as of June 30, 2026.
- Total deposits grew to $12.74 billion as of June 30, 2026.
- Net loans increased to $9.69 billion as of June 30, 2026.
- Net interest income for Q2 2026 was $171.1 million, up 2.1% YoY.
- Credit loss expense for Q2 2026 surged to $11.1 million from $4.4 million.
- Total non-interest income for Q2 2026 rose to $43.7 million.
Price Impact
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