LAREDO, Texas (AP) — LAREDO, Texas (AP) — International Bancshares Corp. (IBOC) on Thursday reported net income of $106.9 million in its fourth quarter.
The Laredo, Texas-based bank said it had earnings of $1.71 per share.
The financial holding company posted revenue of $270.1 million in the period. Its revenue net of interest expense was $217.7 million, which topped Street forecasts.
For the year, the company reported profit of $412.3 million, or $6.62 per share. Revenue was reported as $842.2 million.
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