IBOC | International Bancshares Corporation Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Revenue	974.09M	674.76M	593.60M	538.47M	588.60M	578.20M	526.61M	506.49M	508.17M	525.40M	498.19M	501.73M	525.32M	563.52M	588.59M	522.68M	475.60M	466.46M	469.10M	378.59M	350.60M	323.16M	269.13M	227.37M	216.50M	186.00M	167.20M	36.82M	31.16M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	974.09M	674.76M	593.60M	538.47M	588.60M	578.20M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Expenses	97.12M	-253.96M	-271.27M	-326.71M	-328.64M	-252.94M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Admin	145.74M	139.30M	131.91M	136.19M	155.09M	149.97M	163.09M	157.34M	138.66M	135.34M	133.62M	132.77M	140.86M	167.28M	150.25M	142.27M	142.36M	136.41M	124.22M	93.71M	79.87M	71.92M	58.96M	47.90M	42.90M	39.70M	33.40M	28.88M	25.70M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-97.12M	-393.26M	-403.18M	-462.90M	-483.74M	-420.43M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	1.00	420.80M	322.33M	211.76M	259.95M	325.25M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Expenses / Income	523.51M	-38.16M	322.33M	211.76M	259.95M	-52.67M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Before Tax Income	523.51M	382.64M	322.33M	211.76M	259.95M	272.58M	221.64M	197.00M	206.84M	229.94M	182.59M	158.40M	191.23M	200.98M	220.73M	202.06M	177.08M	173.89M	212.15M	176.91M	182.55M	159.77M	125.06M	108.59M	103.10M	78.30M	73.70M	64.51M	58.38M
Income Tax Expenses	111.74M	82.41M	68.41M	44.44M	54.85M	56.65M	64.21M	63.07M	70.12M	76.79M	56.24M	50.56M	64.08M	70.96M	77.99M	69.53M	55.76M	56.89M	71.37M	57.88M	60.43M	54.01M	41.72M	33.42M	36.90M	24.60M	24.80M	20.16M	18.32M
Net Income	411.77M	300.23M	253.92M	167.32M	205.10M	215.93M	157.44M	133.93M	136.73M	153.15M	126.35M	107.83M	127.15M	130.02M	142.74M	132.11M	121.31M	117.00M	140.78M	119.03M	122.13M	100.63M	83.34M	75.17M	66.20M	53.70M	48.90M	44.35M	40.06M
Interest Expenses	8.41M	38.16M	26.83M	39.12M	58.63M	52.67M	38.93M	43.13M	44.32M	46.54M	54.63M	74.50M	94.30M	114.04M	139.80M	231.73M	333.34M	319.59M	206.83M	108.60M	94.72M	116.42M	200.81M	251.76M	185.20M	181.90M	145.40M	107.37M	112.36M
Basic Shares Outstanding	62.08M	62.66M	63.35M	63.73M	65.48M	66.11M	66.05M	65.97M	66.41M	66.87M	67.20M	67.24M	67.51M	67.92M	68.37M	68.58M	69.04M	69.45M	70.06M	68.35M	66.50M	68.67M	71.06M	71.93M	67.64M	68.34M	66.84M	74.65M	56.52M
Diluted Shares Outstanding	62.22M	62.81M	63.49M	63.85M	65.69M	66.63M	66.78M	66.31M	66.64M	67.06M	67.31M	67.31M	67.57M	68.00M	68.39M	68.71M	69.37M	70.15M	70.93M	69.72M	67.84M	70.24M	72.36M	72.84M	68.91M	70.10M	69.30M	74.65M	56.52M
EBITDA	21.94M	442.62M	347.36M	240.08M	288.22M	351.12M	285.88M	265.00M	276.81M	302.88M	267.87M	264.31M	325.75M	355.69M	401.99M	476.15M	554.56M	534.05M	478.51M	339.07M	330.85M	308.63M	357.32M	384.63M	314.40M	284.80M	236.00M	178.91M	176.22M
EBITDA Margin	2.25%	65.60%	58.52%	44.59%	48.97%	60.73%	54.29%	52.32%	54.47%	57.65%	53.77%	52.68%	62.01%	63.12%	68.30%	91.10%	116.60%	114.49%	102.01%	89.56%	94.37%	95.50%	132.76%	169.16%	145.22%	153.12%	141.15%	485.85%	565.53%
EBIT	531.92M	420.80M	349.16M	250.88M	318.58M	325.25M	260.57M	240.13M	251.16M	276.48M	237.22M	232.90M	285.52M	315.02M	360.53M	433.37M	510.42M	493.48M	418.98M	285.51M	277.28M	271.06M	325.87M	360.35M	288.30M	260.20M	219.10M	171.89M	170.74M
EBIT Margin	54.61%	62.36%	58.82%	46.59%	54.13%	56.25%	49.48%	47.41%	49.42%	52.62%	47.62%	46.42%	54.35%	55.90%	61.25%	82.91%	107.32%	105.79%	89.32%	75.41%	79.09%	83.88%	121.08%	158.48%	133.16%	139.89%	131.04%	466.78%	547.95%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31