International Bancshares
IBOC
$69.28 0.52%
Exchange: NASDAQ | Sector: Financial Services | Industry: Banks Regional
Q1 2025
Published: May 5, 2025

Earnings Highlights

  • Revenue of $251.64M down 1.1% year-over-year
  • EPS of $1.56 decreased by 0.6% from previous year
  • Gross margin of 78.8%
  • Net income of 96.89M
  • ""Our commitment to excellence in customer service continues to differentiate us in a competitive market."" - Management
IBOC
International Bancshares Corporation

Executive Summary

In the first quarter of 2025, International Bancshares Corporation (NASDAQ: IBOC) reported a robust performance, with net income totaling $96.89 million and earnings per share (EPS) showing a slight decrease of 0.64% year-over-year at $1.56. Despite a 1.06% decline in revenue compared to Q1 2024, the company demonstrated notable improvement in operating income, which increased by 24.44% quarter-over-quarter to $121.12 million, equating to an operating income margin of 48.13%. Management emphasized the resilience of their commercial banking services and the effectiveness of their strategic initiatives during the earnings call, indicating a commitment to navigating current economic challenges successfully.

Key Performance Indicators

Revenue
Decreasing
251.64M
QoQ: 20.83% | YoY: -1.06%
Gross Profit
Decreasing
198.22M
78.77% margin
QoQ: -4.82% | YoY: -22.06%
Operating Income
Increasing
121.12M
QoQ: -9.38% | YoY: 24.44%
Net Income
Decreasing
96.89M
QoQ: -15.81% | YoY: -0.45%
EPS
Decreasing
1.56
QoQ: -15.68% | YoY: -0.64%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 251.64 1.56 -1.1% View
Q4 2024 208.26 1.85 -18.9% View
Q3 2024 211.78 1.60 -0.4% View
Q2 2024 259.19 1.56 +27.0% View
Q1 2024 254.33 1.56 +23.7% View